AI's rapid growth poses a…
Canada’s oil and gas industry…
U.S. consumers are set to pay higher electricity bills as power providers raise investments in much-needed grid improvements amid an old power system that is not designed to cope with…
Shares of the German sportscar maker Porsche slid on Tuesday after the company slashed its full-year revenue forecast. The automaker warned that a snarled supply chain involving aluminum parts from a supplier…
Oil prices have been in decline this week despite rising geopolitical risks, with markets seeming to be focused primarily on Joe Biden's decision to drop out of the presidential race.
The U.S. stock market is enjoying another banner year with five sectors boasting double-digit returns in the year-to-date. The S&P 500 Energy Sector has returned 10.4% YTD, below the S&P 500 average return at…
The energy transition would need a major change in the mentality of stock market investors to succeed. Investors’ focus on relatively fast returns and immediate financial performance right now makes…
The Czech government (which controls power company CEZ) has chosen South Korea’s Korea Hydro and Nuclear Power (KHNP) to build up to four new gigawatt-scale reactors at the country's two…
We have previously noted the early indicators of the sun's upcoming 11-year solar cycle. Currently, Solar Cycle 25 is at its peak, known as the 'solar maximum,' characterized…
Europe’s benchmark natural gas prices slumped on Monday to the lowest level in one week after the U.S. export facility Freeport LNG resumed some operations following a shutdown due to…
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday. The total…
China's largest oil refining company, China Petroleum & Chemical Corp., aka Sinopec, processed 126.69 million metric tons of crude oil or 5.08 million barrels per day (bpd) in the first…
While there is plenty to be bullish about in oil markets today, rising concerns over Chinese demand are weighing on oil prices.
1. Russia Seaborne Oil Exports Plunge on OPEC+ Compliance and Higher Runs - Russia’s crude oil exports have
Politics, Geopolitics & Conflict An oil tanker struck by Houthis in the Red Sea earlier this week has exploded, leaving a 200-kilometer-long oil slick. The Liberian-flagged tanker, the Chios Lion,…
An Israeli drone strike this week along the Beirut-Damascus road on Syria’s border with Lebanon killed a key Syrian businessman who also serves as the regime’s oil supply kingpin. The…
Unless you live under a rock, you are probably aware that there was an attempt on Donald Trump’s life this week. So far, the knee-jerk reaction of many of his…
Crude oil prices demonstrated resilience this week, recovering from early losses to finish higher on Thursday. Despite conflicting economic signals globally, several key factors fueled a bullish sentiment in the…
Oil prices fell in Friday trade in Asia and were poised for a second straight weekly decline as concerns about demand more than offset falling U.S. crude inventories and rising…
After electricity is restored in Houston, people may ask with respect to future electricity reliability: what’s next? Well, in Houston we would characterize Centerpoint’s response as being more or less…
Fossil fuels will remain part of the energy mix for decades to come – if we don’t extract our own resources from the North Sea, our loss will…
In a NATO summit in Washington centered on the war in Ukraine and extending support to Kyiv, the Western military alliance also took aim at China for being…