Western oil majors are seeing…
With the EU’s failure to…
Every other car sold in 2030 in the three largest EV markets – China, Europe, and the United States – will be an electric vehicle, the head of the International…
The renewable energy revolution has a storage problem. Wind and solar energy are variable, meaning that, unlike fossil fuels, they don’t produce according…
Signs of cautious optimism about a recovery in economies and oil demand have emerged, OPEC Secretary General Haitham Al-Ghais told Bloomberg Television in an interview on Tuesday. The…
The OPEC narrative for 2022 was largely about the realities of supply and demand against the backdrop of a post-pandemic war that sparked sanctions and a European energy…
The Biden administration’s Inflation Reduction Act is a sweeping piece of legislation that will have a huge range of impacts from imposing a 15% minimum corporate tax rate…
China's Panjin Haoye Chemical Co Ltd’s entire oil refinery and petrochemical complex was shut down after a huge explosion killed five people and left eight missing…
Now that 2022 is behind us, we can review the final numbers for U.S. oil production. The Energy Information Administration (EIA) publishes these numbers, but they are usually…
Oil prices are set to average slightly higher than current levels, at around $90 per barrel, from now through 2027, an annual survey of more than 1,000 energy…
Crude oil began the week with a decline as traders took profits from last week’s rally and settled down to wait for market forecasts due this week by OPEC and…
On a national scale, the United States and Canada rely on a very different makeup of sources to generate their electricity. The U.S. primarily uses natural gas, coal, and nuclear…
As the world enters a new industrial age, where technology manufacturing for clean energy will lead the way, total investments in clean energy technologies and infrastructure have to…
Back in 2020, the European Union set out its new hydrogen strategy as part of its goal to achieve carbon neutrality for all…
Cryptocurrency miners in Kazakhstan are paying more for their energy this year, as the government moves to encourage the use of renewables and curb the excessive electricity use…
Energy bills could fall under £2,500 per year in the second half of this year, potentially saving the Government billions of pounds in the cost of…
As interest in green hydrogen picks up worldwide, energy firms are using a variety of renewable energy projects to power hydrogen production. One major source for this production…
“When Will Nuclear Fusion Put Oil And Gas Out Of Business”? a Forbes headline asked late last year. While there have been major…
2022 was a terrible year for billionaires, many of which lost nearly $2 trillion combined. Despite stock, crypto, and bond market turmoil, as well as soaring interest…
U.S. West Texas Intermediate crude oil futures rallied on Thursday, testing its high for the week amid optimism that that demand for fuel will grow in 2023. The move followed…
1. Restart of Freeport LNG Remains Uncertain- Despite market rumors suggesting a restart might be…
Politics, Geopolitics & Conflict Russia’s top military commander for the “special operation” in Ukraine has been replaced. General Sergei Surovikin, charged with leading the attack on Ukraine’s energy infrastructure and…
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