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Taiwan Looks To Replace Nuclear Power With LNG

Mar 17, 2023 at 09:57 | Josh Owens

Taiwan is buying more LNG for delivery over the next year as it closed a nuclear reactor and is set to phase out nuclear power generation by 2025.  Taiwan’s CPC…

Here’s How Gasoline Prices Fared Under The Last Four Presidents

Mar 17, 2023 at 09:54 | Robert Rapier

In June 2022, driven by a combination of the Russian invasion of Ukraine, an economic recovery from Covid-19, and arguably certain policies of the Biden Administration, the average…

OECD: Falling Energy Prices Could Bolster Global Economic Growth

Mar 17, 2023 at 09:49 | Michael Kern

Signs have emerged of a slight improvement in the global economy, thanks to falling energy and food prices in early 2023, the OECD said on Friday as it raised its…

President Petro Can’t Afford To Ban Oil Exploration In Colombia

Mar 17, 2023 at 09:49 | Matthew Smith

A contentious move by Colombia’s first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed one of the domestic oil industry’s long…

The Oil Price Collapse Continues After Brief Respite

Mar 17, 2023 at 09:15 | Michael Kern

The oil price crash appeared to have been halted on Thursday after the Swiss central bank stepped in to save Credit Suisse and the energy ministers of Russia and Saudi…

The Only Really Bullish Factor In Oil Markets

Mar 17, 2023 at 08:02 | Editorial Dept

1. Chinese Demand Becomes the Only Really Bullish Factor for Oil- Whilst oil prices were…

Fundamentals Take A Back Seat As Fear Dominates Oil Markets

Mar 17, 2023 at 03:29 | Editorial Dept

U.S. West Texas Intermediate (WTI) crude oil prices rallied on Thursday, ending a three-day losing streak, as reports emerged that Saudi Arabia and Russia were discussing ways to enhance market…

Tensions Rise Over Russia's Downing Of A U.S. Drone

Mar 17, 2023 at 03:27 | Editorial Dept

Politics, Geopolitics & Conflict The diplomatic spat continues over Russia’s downing of a U.S. drone over the Black Sea on Tuesday. While the Russians deny having come into contact with…

Crude Has Broken Out of Its Range: What’s Next?

Mar 17, 2023 at 03:23 | Editorial Dept

A couple of times over the last few weeks, I have pointed out here that crude was looking for a direction. It has been trading in a narrowing range, and…

Oil Markets Are Fully Focused On Interest Rate Hikes

Mar 17, 2023 at 03:20 | Editorial Dept

Oil market sentiment has never been more fragile. Geopolitics has the power to move these markets, but the real and implied impact on supply and demand remains elusive,…

The Worst Week Of The Year So Far For Oil Prices

Mar 17, 2023 at 02:50 | Irina Slav

Crude oil prices are about to end their worst week since the start of the year as news from the banking industry ignited fears of demand depression. As of Friday…

Are Oil Prices Set For A Quick Comeback?

Mar 16, 2023 at 12:14 | Alex Kimani

The energy markets are going through one of their worst selloffs in recent times as fears of a new global crisis continue to roil financial markets. Oil prices have crashed…

Oil Majors Juggle Cheaper Crude With Lower Emissions

Mar 16, 2023 at 10:52 | Tsvetana Paraskova

The world’s biggest international oil and gas firms continue to pledge lower-emission operations to supply the world with the hydrocarbons it needs and will need in the future.   …

Nikola Tesla’s Immaculate Energy Conception Finally Realized?

Mar 16, 2023 at 10:51 | Haley Zaremba

Scientists have dreamed of creating energy out of thin air for over a century. Nikola Tesla was already conducting experiments along these lines in the 1930s. But recently the calls…

New Global Crude Flows Make UAE A More Powerful Oil Trading Hub

Mar 16, 2023 at 10:39 | Irina Slav

In 2021, India's refining giant Reliance Industries announced plans to move most of its oil-trading staff from Mumbai to Dubai. In 2022, Swiss-based Litasco, the trading arm of…

Proving That Magnesium Can Beat Out Lithium-ion Batteries

Mar 16, 2023 at 10:29 | Brian Westenhaus

Tokyo University of Science is researching magnesium as a promising candidate for an energy carrier in next-generation batteries. For now the cycling performance and capacity…

Did The EIA Finally Get Realistic About U.S. Shale Output?

Mar 16, 2023 at 10:15 | ZeroHedge

  Readers will recall that, for the last several months, I have noted that US oil production per the EIA's weekly Petroleum Status Report

A North Sea Hydrogen Pipeline Network Is Possible

Mar 16, 2023 at 09:28 | Charles Kennedy

The North Sea has the potential to become the site of massive offshore hydrogen production from offshore wind and a hydrogen pipeline network connecting northwest European countries, a study by…

Energy Aspects: OPEC+ Will Not Rush To Act After Oil Price Rout

Mar 16, 2023 at 08:45 | Tsvetana Paraskova

The OPEC+ group will not be racing to react to this week’s oil price plunge and will wait for financial markets to calm down after the banking sector scare, consultants…

Global Oil Production Dropped To A 7-Month Low In January

Mar 16, 2023 at 07:56 | Tsvetana Paraskova

Crude oil production worldwide fell to a seven-month low in January, dragged down by lower output in major producers Canada, Iraq, Russia, and Bahrain, data from the Joint Organizations Data…

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