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Energy / Energy-General

Why We Shouldn’t Underestimate China’s Petro-Yuan Ambitions

Jan 05, 2023 at 15:36 | Alex Kimani

The de-dollarization of the global oil industry is in a treacherous mission creep phase. Things like this don’t happen quickly, but determinedly and gradually, not exactly fitting into…

Renewables Financing Tops Fossil Fuel Lending For The First Time Ever

Jan 05, 2023 at 14:20 | Tsvetana Paraskova

Banks arranged and underwrote more capital for the development of renewable energy projects than for oil, gas, and coal firms for the first time ever last year.  

Colombia’s Oil Industry Is An Environmental Disaster

Jan 05, 2023 at 12:11 | Matthew Smith

  For decades, the petroleum industry in South America has been dogged by one environmental catastrophe after another. Oil spills, flaring and other environmentally damaging incidents are commonplace…

China’s EV Boom Has Sent Its Car Exports Soaring

Jan 05, 2023 at 09:40 | Felicity Bradstock

Despite being a huge manufacturing country – the biggest in the world, in fact – until recently, China has not been on the radar when it comes to…

Egypt's Oil And Gas Sector Is Growing Despite An Economic Crisis

Jan 05, 2023 at 09:25 | Felicity Bradstock

Egypt has been in a seemingly endless financial crisis over the past decade, first due to political turmoil following the 2010 Arab Spring and then due to economic…

Saudi Arabia Cuts Oil Prices To Asian Markets Amid Sluggish Demand

Jan 05, 2023 at 08:51 | Tsvetana Paraskova

Saudi Arabia, the world’s top crude oil exporter, on Thursday cut the prices of all its crude grades loading for Asia in February to the lowest level to regional…

The Upside For Oil Prices Is Limited

Jan 05, 2023 at 01:45 | Irina Slav

After a sharp drop in the first trading days of the new year, oil prices are climbing back up but the upside potential remains limited in light of the…

Is Nuclear Power The Solution For Kyrgyzstan’s Energy Woes?

Jan 04, 2023 at 15:39 | Eurasianet

On the electricity front, Kyrgyzstan may be reaching the end of the line. Demand is growing relentlessly, and yet the hydropower resources it has relied on historically are…

U.S. Oil Majors Focus On Cost Discipline In Spending Plans

Jan 04, 2023 at 14:33 | ZeroHedge

As Exxon and Chevron focus more on shareholder returns and less on speculative spending, they are both reining in investments in large international oil projects and focusing more on investing…

3 Oil Stocks Set To Outperform In 2023

Jan 04, 2023 at 13:46 | Alex Kimani

The energy sector emerged as the best performer amongst 11 U.S. market sectors, delivering handsome returns at a time when everybody else faltered. Indeed, energy was the only…

Ripe For Disruption: U.S. Power Generators Must Act

Jan 04, 2023 at 12:19 | Leonard Hyman & William Tilles

Winter storm Elliott, a mass of frigid, arctic air and blizzard conditions enveloped much of the eastern two thirds of the US with the worst of it hitting…

Qatar Walks The Diplomatic Tightrope With Latest Deal For Japan

Jan 04, 2023 at 10:37 | Simon Watkins

Qatar’s geographical position tells one all one needs to know about its energy export policy. Situated between Saudi Arabia on one side and Iran on the other, Qatar…

Is China Overly Reliant On Middle Eastern Oil?

Jan 04, 2023 at 09:59 | Felicity Bradstock

In recent years, China’s dependence on Middle Eastern crude oil has been increasing. With much of the world relying on China for a wide array of products, China’s…

Are Biden’s Emissions Reduction Efforts Paying Off?

Jan 04, 2023 at 09:53 | Felicity Bradstock

As part of the U.S.’ aim to achieve net-zero carbon emissions by 2050, as it gradually decarbonizes the economy between now and then, President Biden is adamant that…

Libya’s Oil Production Capacity Won’t Exceed 1.8 Million Bpd By 2024

Jan 04, 2023 at 08:59 | Charles Kennedy

Oil production capacity in restive African OPEC member Libya is expected to reach a maximum of 1.8 million barrels per day (bpd) by 2024 even if political stability prevails and…

Investors Are Increasingly Bullish On Oil Despite Demand Woes

Jan 04, 2023 at 07:19 | Tsvetana Paraskova

Hedge funds and other portfolio managers boosted their bullish bets on crude oil at the end of 2022 despite concerns about demand in the immediate term in the world’s top…

BP Still In Spotlight Over Incomplete Russia Exit

Jan 03, 2023 at 15:29 | Alex Kimani

Since Russia’s invasion of Ukraine On February 24, 2022, multinational companies have come under intense pressure from investors and consumers to exit operations, sell businesses or write down…

EU Works On Overhaul Of Power Market To Lower Energy Bills

Jan 03, 2023 at 14:07 | Tsvetana Paraskova

The European Union is working on proposals designed to decouple gas prices and renewable energy prices in what could be a major overhaul in the bloc’s power market…

Europe Faces Difficult Years, But Russia Stands To Lose Energy Showdown

Jan 03, 2023 at 13:34 | RFE/RL staff

In the European Union this winter, fears of rolling blackouts triggered by Russian energy export cuts amid Moscow’s war in Ukraine have subsided thanks to…

Oil And Gas Prices Slide At The Start Of The Year

Jan 03, 2023 at 10:16 | Tom Kool

In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets. 

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