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Oil Prices Are Rallying Once Again

Oil Prices Are Rallying Once Again

Oil prices are climbing once…

Uzbekistan’s Big Gold Bet Looks Set to Pay Off

Uzbekistan’s Big Gold Bet Looks Set to Pay Off

Uzbekistan, the world's top gold…

Energy / Energy-General

The Story Behind “The Worst Energy Policy In The United States”

Feb 04, 2022 at 12:03 | Haley Zaremba

Ohio’s House Bill 6 was “widely recognized as the worst energy policy in the country,” according to a 2020 Vox article by Leah Stokes

Cold Spell In Permian Sends Oil Prices Even Higher

Feb 04, 2022 at 10:05 | Tom Kool

Crude prices rallied on Friday morning as a result of small outages in America’s largest shale play and ongoing political tensions between Russia and Ukraine.

U.S. Gasoline Prices Soar To 2014 High

Feb 04, 2022 at 09:21 | Tsvetana Paraskova

As international crude oil prices rally to above $92 per barrel, U.S. gasoline prices continue to surge and hit the highest since September 2014 on Friday, when the national average…

Aramco Plans To List Additional $50 Billion In Shares

Feb 04, 2022 at 09:10 | Charles Kennedy

Saudi Arabia’s oil giant Aramco is dusting off plans to sell more of its shares, aiming for a $50-billion share sale on the domestic stock exchange with a possible secondary…

The Next Big Problem For U.S. Shale

Feb 03, 2022 at 16:10 | Tsvetana Paraskova

U.S. oil producers are raising capital spending and activity this year, but they have to contend with surging inflation as cost pressures intensify.  While oil production…

Car Giants Are Making Big Bets On Solid State Batteries

Feb 03, 2022 at 14:05 | Alex Kimani

With the global electrification drive in full swing, electric cars have constantly been improving in terms of mileage, performance, charging time--and costs.  And,

Plastic Will Fuel Oil Demand For Years To Come

Feb 03, 2022 at 12:37 | Felicity Bradstock

As Big Oil worries about the looming threat of renewable alternatives, with governments and international organizations putting pressure on countries and companies to curb fossil fuel production, petrochemicals…

Oil Production Vessel Explodes Offshore Nigeria

Feb 03, 2022 at 12:00 | Charles Kennedy

A floating production, storage and offloading (FPSO) vessel exploded offshore Nigeria early on Wednesday with 10 crew members on board, the company operating the vessel said on Thursday. The supertanker-sized…

Will OPEC+ Actually Deliver The Extra Barrels It Promised?

Feb 03, 2022 at 11:50 | Irina Slav

OPEC+ broke a record this week. On Wednesday, the oil cartel booked the fastest meeting since its creation, at a total of 16…

Who Is Responsible For Cyberattacks On Europe’s Oil Industry

Feb 03, 2022 at 11:42 | Cyril Widdershoven

Following news of major cyberattacks on German-based oil storage companies, there are now reports of similar attacks in the Netherlands and Belgium. In recent days, reports emerged that…

The Car Trend That Took Off During Covid

Feb 03, 2022 at 11:36 | Felicity Bradstock

Monthly car rental and car-sharing companies are popping up across Asia, offering youths a new way to get access to a car without having to actually own it.…

U.S. Senators Want To Put Brakes On LNG Exports To Curb Domestic Energy Bills

Feb 03, 2022 at 09:22 | Tsvetana Paraskova

A group of Democratic Senators is urging the U.S. Energy Department to take steps to limit U.S. natural gas exports, the record volume of which leave Americans with higher…

Shell Posts Robust Earnings Amid Higher Oil & Gas Prices

Feb 03, 2022 at 08:56 | Irina Slav

Shell has joined the ranks of other Big Oil majors who reported supersized profits on higher oil and gas prices, reporting $6.4 billion in net income for the final quarter…

Shell Is Betting Big On Namibia’s Oil Boom

Feb 02, 2022 at 16:48 | Tom Kool

While all recent oil exploration attention has been on Exxon’s (NYSE:XOM) massive string of discoveries in Guyana, another giant player and a junior explorer are shifting to focus toward…

Soaring Commodity Prices Could Crush Demand In India

Feb 02, 2022 at 11:51 | Tsvetana Paraskova

One of the first signs that rallying commodity prices have started to chip away at demand at major energy importers is emerging in India—the world’s second-biggest coal importer,…

Why Belarus Is Becoming A Headache For Biden

Feb 02, 2022 at 11:47 | Cyril Widdershoven

Rocketing fertilizer prices are causing severe unrest in the American agriculture sector, with the Biden administration facing a sharp rebuke from industry leaders. The Agricultural Retailers Association, American…

The Significance Of Saudi Arabia’s New Venture Capital Fund

Feb 02, 2022 at 11:44 | Cyril Widdershoven

While the world’s media is focused on either Ukraine or OPEC+ developments, Saudi Arabia is quietly but aggressively pursuing Vision 2030. During one of the world’s largest technology…

The Green Hydrogen Revolution Is Sweeping Europe And Asia

Feb 02, 2022 at 11:39 | Felicity Bradstock

Europe and China have long been battling it out for hydrogen dominance, but now the race is on to build up green hydrogen capacity specifically. As Shell announces…

New Energy Deals Are Transforming Geopolitics In The Middle East

Feb 01, 2022 at 12:26 | Simon Watkins

A core strategy of both the U.S. and China in securing the dominant influence in the Middle East is to hold sway over the region’s basic power supplies.…

The Lack of Fossil Fuel Investment Is Hindering The Energy Transition

Feb 01, 2022 at 12:21 | Michael Kern

In the statement that launched a thousand headlines last week, the CEO of Saudi Aramco announced that the global clean energy transition is…

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