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Energy / Energy-General

High Prices Make Oil And Gas Much More Appealing To Big Banks

Apr 11, 2022 at 14:05 | Irina Slav

Banks have been actively seeking ways to distance themselves from the oil and gas industry in recent years under growing pressure from pro-energy transition activists. Their efforts have…

The World Desperately Needs To Get Energy Costs Under Control

Apr 11, 2022 at 10:56 | Felicity Bradstock

Despite continually rising energy prices, the affordability of energy costs for consumers is being widely overlooked. The current state of energy, with severe oil and gas shortages and…

The West Is Suffering The Consequences Of Poor Energy Decisions

Apr 08, 2022 at 13:01 | Irina Slav

There has been an unspoken assumption that the West knows what it’s doing because it has been doing it longer than the East. Almost all developed economies are…

Permian Takes The Lead As U.S. Drillers Add 16 Rigs

Apr 08, 2022 at 12:12 | Julianne Geiger

The number of total active drilling rigs in the United States rose by 16 this week. The total rig count increased to 689 this week—257 rigs higher than the rig…

Bearish News Is Mounting For Oil

Apr 08, 2022 at 11:59 | Tom Kool

Oil prices remained fairly stable this week, with ICE Brent balancing slightly above the $100 per barrel mark. Fears of Russian supply disruptions were temporarily put on the back burner…

The EU's Coal Ban Could Create A Domino Effect In Global Energy Prices

Apr 08, 2022 at 11:12 | Tsvetana Paraskova

Europe’s planned ban on imports of Russian coal is set to further tighten an already tight global coal market and create a domino effect on the prices of…

Environmentalists Are Crushing Europe’s Energy Independence Ambitions

Apr 08, 2022 at 11:04 | ZeroHedge

Europe is not going to achieve a competitive energy transition with the current interventionist policies. Europe does not depend on Russian gas due to a coincidence, but because…

Collective SPR Release Eases Energy Crisis Fears

Apr 08, 2022 at 10:56 | Editorial Dept

Numbers Report – April 08, 2022 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week…

Will Russia’s War Derail Global Emissions Ambitions?

Apr 08, 2022 at 10:49 | Haley Zaremba

“Compared to previous oil shocks, this is a different world.” Vehicle industry expert John DeCicco, an engineer at the University of Michigan in Ann Arbor, says that history…

Rising Energy Costs Could Push Metal Prices Even Higher

Apr 08, 2022 at 10:29 | Metal Miner

Recently, Russian President Vladimir Putin made some tough talk about forcing “unfriendly countries” to pay for Russian gas in rubles, leading us to…

America’s Green Regulation Wave Will Have A Global Impact

Apr 08, 2022 at 10:21 | Vince Bielski

Making a box of Cocoa Puffs is a complicated global affair. It could start with cocoa farms in Africa, cornfields in the U.S., or sugar plantations in Latin…

Selling Pressure Increases In Oil Markets

Apr 08, 2022 at 10:06 | Jim Hyerczyk

U.S. West Texas Intermediate crude oil is trading flat on Friday as it heads to a second straight weekly loss. The week started out promising with prices rising on talk…

Tanker Rates Are Soaring As Traders Shun Russian Oil Cargoes

Apr 07, 2022 at 12:13 | ZeroHedge

Since Russia invaded Ukraine, many Western countries have banned Russian crude imports. Now, however, countries and companies are shunning the use of Russia's…

Oil And Gas Lead As Global Energy Spending Tops $2 Trillion In 2022

Apr 07, 2022 at 12:09 | Rystad Energy

Surging oil, gas and power prices together with the European Union (EU)’s goals of becoming less dependent on Russian supplies and post-Covid-19 pandemic inflation will catapult global energy…

Why Wind Power Growth Is Slowing In The U.S.

Apr 07, 2022 at 12:08 | Haley Zaremba

In 2020, at the height of the novel coronavirus pandemic, it seemed that renewable energy was finally getting its chance to rise to the top of the global…

Is Today’s Energy Shortage Worse Than The 1970s Oil Crisis?

Apr 07, 2022 at 12:03 | Irina Slav

In 1973, after the Yom Kippur war between Israel and a coalition of Arab countries, Middle Eastern oil producers declared an embargo on oil exports to the United…

Don’t Blame Big Oil For High Gasoline Prices

Apr 07, 2022 at 12:00 | Tsvetana Paraskova

The Biden Administration’s insistence that oil companies are ripping off Americans at the pump while lining their own pockets culminated in this week’s hearing at the House Committee…

South America’s Newest Oil Boom Is Gaining A War Time Boost

Apr 07, 2022 at 11:56 | Matthew Smith

President Joe Biden’s decision to ban Russian energy imports to the U.S. is boosting the outlook for South America’s newest oil-producing nation Guyana as…

Shell Faces $5 Billion Impairment Charge Over Exit From Russia

Apr 07, 2022 at 11:41 | ZeroHedge

Western oil majors have quit Russia altogether, taking billions of dollars in vague impairment charges on Russian energy assets, and now comes the hard math. This morning energy…

UN Climate Report Urges China To Decarbonize

Apr 07, 2022 at 11:01 | Tsvetana Paraskova

China, the world's largest greenhouse gas emitter, needs to accelerate efforts to decarbonize, including reducing coal consumption, the latest UN climate report says, while China has placed emphasis on coal…

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