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Energy / Energy-General

Can Guyana Unlock Its True Energy Potential?

Mar 02, 2022 at 12:44 | Felicity Bradstock

Will Guyana fulfill its potential and become a major hotspot for oil over the next decade? As several oil majors invest in the tiny state, it looks set…

Growing Supply Risks Boost Bullish Bets In Oil Markets

Mar 01, 2022 at 13:23 | Irina Slav

The Russian invasion of Ukraine has dominated headlines in the past week and will likely continue dominating them until some form of a ceasefire is agreed upon. In…

Russia’s Invasion Of Ukraine Highlights America’s Fading Geopolitical Influence

Mar 01, 2022 at 13:04 | Simon Watkins

Last week’s failure of the UAE and India – along with just China – to vote in favor of the UN Security Council’s…

The Impossible Task Of Keeping Oil Prices Grounded

Mar 01, 2022 at 11:58 | Josh Owens

Russia’s invasion of Ukraine and the resultant sanctions have sent oil prices soaring and not even a 60-million-barrel release coordinated by IEA members could stop the rally.

Oil Prices Soar Despite News Of Strategic Petroleum Reserve Release

Mar 01, 2022 at 10:25 | Julianne Geiger

The IEA Ministerial Meeting being held on Tuesday has resulted in an agreement of some of its members to release 60 million barrels of crude oil from various countries’ strategic…

New Yorkers Lash Out At ConEdison Over Soaring Electricity Bills

Feb 28, 2022 at 13:50 | Leonard Hyman & William Tilles

“Sky-high”electric bills on the front page. Europe? The U.K? No, just north of New York City, where local politicians criticized Consolidated Edison of NY, the local electric utility.…

Iran Is "Tantalizingly Close" To A Nuclear Deal That Could Drag Oil Prices Down

Feb 28, 2022 at 12:49 | Simon Watkins

The spike in crude oil prices last week in the aftermath of Russia’s invasion of Ukraine has lent further urgency to the long-running efforts to bring Iranian oil…

Germany Goes For Full Energy Policy Overhaul Amid Ukraine Crisis

Feb 28, 2022 at 12:29 | Tsvetana Paraskova

The Russian invasion of Ukraine upended the energy policy of Germany. In just a few days since Putin decided to invade Ukraine, Europe’s biggest economy - heavily dependent…

BP Sells Rosneft Stake

Feb 28, 2022 at 08:40 | Irina Slav

BP will sell its close to 20-percent stake in Russian oil giant Rosneft, the supermajor said yesterday amid growing pressure from politicians for companies with Russian operations to leave…

Could Russia’s Invasion Of Ukraine Spark Another Arab Spring?

Feb 25, 2022 at 15:41 | Cyril Widdershoven

The ongoing military Russian onslaught on Ukraine is reverberating across commodity markets. At present, Western media is mainly focusing on the direct effects of the military invasion and…

Putin's War In Ukraine Could Break The OPEC+ Alliance

Feb 25, 2022 at 14:44 | Cyril Widdershoven

The OPEC+ cooperation is facing a possible breakdown following Russia’s military invasion of Ukraine. Russia’s aggressive military moves towards Ukraine will have a negative impact on the oil…

The Biggest Problem With The Green Energy Revolution

Feb 25, 2022 at 14:24 | Gail Tverberg

We have been told that intermittent electricity from wind and solar, perhaps along with hydroelectric generation (hydro), can be the basis of a green economy. Things are increasingly not working…

Is Hydrogen A Better Bridge Fuel Than Natural Gas?

Feb 25, 2022 at 14:19 | Irina Slav

With the latest events unfolding in Ukraine, the topic of natural gas dependence and its implications has once again taken center stage. Natural gas is the least polluting…

Oil Prices Fall As Russia's Energy Industry Avoids Sanctions

Feb 25, 2022 at 12:27 | Tom Kool

Russia's invasion of Ukraine on Thursday shocked the world and sent oil prices soaring above $100, the relatively tepid reaction of Western leaders has brought oil prices back down on…

U.S. Rig Count Gains For 18th Straight Week

Feb 25, 2022 at 12:08 | Julianne Geiger

The number of active drilling rigs in the United States rose by 5 this week—the 18th straight weekly increase to the number of oil and gas rigs in the United…

China Moves To Restrict Financing For Russian Commodities

Feb 25, 2022 at 10:59 | Julianne Geiger

Beijing, a key Russian ally, has moved to restrict financing for Russian commodities purchases through two of China’s largest state-owned banks, Bloomberg reports,…

Ukraine Crisis Could Send Gasoline Prices To $4

Feb 25, 2022 at 09:53 | Charles Kennedy

U.S. gasoline prices are rising after the Russian invasion in Ukraine and could hit $4 per gallon, according to data from the AAA. The average price per gallon of…

Ukraine Foreign Minister Furious As Germany Refuses To Ban Russia From SWIFT

Feb 25, 2022 at 09:15 | Julianne Geiger

German Chancellor Olaf Scholz has refused to agree with sanctions against Russia that would include barring it from the SWIFT international payments system, and beyond halting certification for…

Don't Count On OPEC To Bring Oil Prices Down

Feb 24, 2022 at 16:50 | Irina Slav

The crisis in Ukraine has dominated the media space for weeks now, with a special focus on potential energy supply disruptions should the invasion scenario the U.S. and…

Russia Has $630 Billion To Spare As It Considers Cutting European Gas Flows

Feb 24, 2022 at 16:25 | Alex Kimani

After months of seemingly endless preparations, Biden's and the West's worst fears finally came true on Thursday after Russian forces launched their long-feared attack on…

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