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Germany’s $2 Trillion Economic Miracle at Risk

Jan 31, 2023 at 08:32 | ZeroHedge

Back in August 2022, repo plumbing guru Zoltan Pozsar published a fascinating chart showing how "$2 Trillion Of German Value Depends…

Eni Boosts Gas Production In Libya With $8 Billion Investment

Jan 31, 2023 at 08:28 | Simon Watkins

Given that Libya has exhibited all the stability of a puff adder on benzedrine since the West removed its longstanding leader, Muammar Gaddafi, in 2011, it is little…

European Natural Gas Prices Surge Ahead Of Cold Spell

Jan 31, 2023 at 06:58 | Tsvetana Paraskova

Europe’s benchmark gas prices have rebounded this week as traders closed short positions at the expiry of the front-month contract and some weather forecasts suggested colder weather in northern and…

Why Middle East Producers Cut Prices In The Face Of Soaring Chinese Oil Demand

Jan 30, 2023 at 10:51 | Gerald Jansen

China is back, and even the most ardent skeptics of Beijing’s policy easing will be compelled to admit that there is great upside in global oil demand in 2023. China…

Big Oil Reports Record Profits, But There's A Catch

Jan 30, 2023 at 10:37 | Irina Slav

Big Oil had a record year in 2022, earning billions from the imbalance between oil and gas demand and supply, and from the massive uncertainty that geopolitical events…

Can Colombia Really Replace Oil And Gas Revenue?

Jan 30, 2023 at 10:32 | Tsvetana Paraskova

Colombia’s new President, Gustavo Petro, wants to move the South American country away from fossil fuels and replace oil revenues with income from tourism, agriculture, and renewable energy. …

Expert Analysis: What To Expect In Energy Markets This Year

Jan 30, 2023 at 10:29 | Robert Rapier

I always like to get in my energy predictions in early January, so this is a bit later than normal. Last year’s predictions were especially tough,…

Rystad: Energy Services To Grow To $1 Trillion By 2025

Jan 30, 2023 at 10:24 | Rystad Energy

Rystad Energy expects the global market for oil and gas contractors to rise to a peak of $1 trillion in 2025 and remain at high levels for several…

Here’s Why Qatar Is About To Make A Big Move On Iraqi Oil & Gas

Jan 30, 2023 at 10:14 | Simon Watkins

Prior to the unwitting boost that Russia’s ongoing failure in Ukraine has given the U.S., NATO, and Europe, Washington’s intentions regarding Iraq were mixed. On the one hand,…

Aramco Closes In On $7.2 Billion In Deals Supporting Saudi Industry

Jan 30, 2023 at 09:24 | Tom Kool

Saudi Aramco has signed more than 100 agreements and memoranda of understanding (MoUs) worth $7.2 billion to support the local industrial and manufacturing sectors, the Saudi oil giant said…

Texas Oil And Gas Industry Braces For Severe Winter Weather

Jan 30, 2023 at 08:30 | Tsvetana Paraskova

Oil and gas operators in Texas should be prepared for severe winter weather this week, the Railroad Commission of Texas (RRC) said on Sunday, as snow and ice conditions…

Oil Prices Set To Climb On Rumors That The Fed Will Stop Hiking Interest Rates

Jan 30, 2023 at 03:10 | Charles Kennedy

Traders expect the Federal Reserve to end its rate hikes in two months, which could push oil prices higher due to the generally inverse relationship between rates and oil prices.…

U.S. Oil Rig Count Slips Again

Jan 27, 2023 at 12:18 | Julianne Geiger

The total number of total active drilling rigs in the United States stayed the same this week, according to new data from Baker Hughes published on Friday. The total rig…

Windfall Taxes Sweep Through The Global Energy Sector

Jan 27, 2023 at 10:20 | Alex Kimani

Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency estimating that net income by oil and…

U.S. May Step In As Peace Process Between Azerbaijan And Armenia Drags On

Jan 27, 2023 at 09:48 | The Jamestown Foundation

The end of 2022 marked another round of confrontation between Azerbaijan and Armenia in the Karabakh region with the involvement of Russian peacekeeping forces. The standoff began in…

Oil Gains Momentum On Strong U.S. Economic Data

Jan 27, 2023 at 09:30 | Tom Kool

Oil continued to gain momentum this week, and despite fears of a slowdown in economic growth, the reopening of the Chinese economy is providing tailwinds for oil.Oilprice Alert: Whether…

Norway’s Temporary Tax Breaks To Bolster Oil Flows To Europe

Jan 27, 2023 at 09:15 | Rystad Energy

The energy crisis in Europe triggered by the ongoing war between Russia and Ukraine has left the continent short of hydrocarbon supplies and increasingly reliant on liquefied natural…

Oil And Gas In For Turbulent Year As Governments And Industry Butt Heads

Jan 27, 2023 at 08:41 | Irina Slav

Windfall taxes, price caps, and calls for more oil and gas production marked 2022 in oil and gas. It looks like we’re in for a lot more of…

Big Oil Set To Report Record $200 Billion Profits For 2022

Jan 27, 2023 at 08:36 | Tsvetana Paraskova

The five biggest oil majors in the world are expected to report record profits for 2022 in the coming days, for around $200 billion in combined yearly earnings…

Is Russia Making Any Progress In Its Central Asia Gas Goals?

Jan 27, 2023 at 08:29 | Eurasianet

When Russia floated the idea of forging a tripartite gas union with Kazakhstan and Uzbekistan late last year, it fell flat.


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