The push for a rapid…
Oil prices continued to climb…
Artificial Intelligence presents a catch-22 for the renewable energy industry. Meeting decarbonization goals in time to avoid the worst impacts of climate change will require an unprecedented amount of coordination…
Oil prices have recently experienced a notable surge, marking a shift from their extended stay in bearish territory. A combination of OPEC+ committing to output reductions, a substantial…
Despite significantly calmer energy markets and much lower wholesale natural gas prices, Europe could still face price spikes this winter if a sudden shortage of supply coincides with…
Start with the obvious. You invest to earn a return on your money. And you want your investment to grow faster than the rate of inflation in order to protect…
The oil industry, including companies BP, Shell, and TotalEnergies, was the industry that suffered the greatest financial losses from leaving Russia, an analysis by the Financial Times…
It is easy to lose sight of the wood for the trees sometimes in the complex world of global oil. And perhaps no subject in that world involves so many…
India’s crude oil imports from Saudi Arabia plunged by 34% in July just as the top global exporter started reducing its production by 1 million barrels per day (bpd) on…
There are about 104 gas pumps per 1,000 road miles on average in the United States compared to just 22 EV charging ports for the same road distance, a
For the past 70 years, BP has annually published the Statistical Review of World Energy. Having been a trusted resource for the wider energy sector since its inaugural…
There are those who believe our current way of life is not facing any near term threat and will go on indefinitely. In this view, any existential problems—should…
As researchers and energy companies around the globe invest heavily in the exploration of new clean energy sources and related technologies, several new discoveries are emerging, but whether they will…
While Kyrgyz authorities were preparing the population for possible electricity shortages this winter, a giant crypto-mining farm was consuming more power every day than cement factories, gold mines,…
Lower oil prices dragged down the profits at Saudi Aramco by 38% in the second quarter of 2023, but the world’s largest oil company is boosting dividend payout…
Crude oil prices inched lower on Monday but remained elevated following a six-week winning streak. Supply concerns spiked when Ukrainian forces attacked two Russian oil tankers in the…
The total number of active drilling rigs in the United States fell by 5 again this week, according to new data from Baker Hughes published Friday. The total rig count…
Crude oil prices are set to post a sixth straight week of gains on the back of a tighter market and easing recession fears.
The UK government is moving their environmental policies a little bit closer to common sense. Industrial companies now face less strict financial burdens for…
MIT engineers have created a supercapacitor from just cement, water, and carbon black. The supercapacitor is made of ancient, abundant materials, that can store large…
Households near new energy projects should be offered lump sum payments to boost community approval of needed infrastructure and ensure the rollout of new electricity lines, according to…
Late Wednesday, the Korean Exchange warned investors about speculative trading in superconductor-related stocks following claims of a technological breakthrough that could revolutionize the…