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Five Countries With the Cleanest Energy Grid Globally

Five Countries With the Cleanest Energy Grid Globally

Several countries worldwide have achieved…

Energy

Rhetoric vs Reality: The EU’s Battle For Net Zero Emissions

Feb 17, 2021 at 16:12 | Fernando C. Hernandez

In the wake of the global race to reduce emissions, EU countries are struggling to implement a coherent policy approach or to align their actions with the high-minded…

Can Venezuela Rebuild Its Crushed Downstream Sector?

Feb 17, 2021 at 13:57 | Viktor Katona

President Biden’s assumption of power has instilled a new sense of hope in Venezuela’s political leadership, with Nicolas Maduro stating that his country was willing to “walk a new path…

Biden’s Energy Plans Threaten Alaska’s Oil Ambitions

Feb 17, 2021 at 13:23 | Rystad Energy

The new energy policies brought forward by the Biden administration in the US are set to rock the country’s oil and gas industry. There has been much discussion over the…

Qatar Looks To Be World’s Top LNG Producer For Decades

Feb 17, 2021 at 12:25 | Charles Kennedy

Qatar’s major expansion of its liquefied natural gas capacity will help it to be the biggest LNG producer in the world for at least the next two decades, the country’s…

Malaysia Makes Major Natural Gas Find As Prices Soar

Feb 17, 2021 at 11:03 | Felicity Bradstock

Malaysia is showing promise for the oil and gas industry as new natural gas finds could boost already high production levels and improve export potential in Southeast Asia. …

Saudi Arabia Set To Reverse Extra 1 Million Bpd Production Cut From April

Feb 17, 2021 at 09:54 | Tsvetana Paraskova

OPEC’s largest producer Saudi Arabia looks to reverse its unilateral extra production cut of 1 million barrels per day (bpd) after March ends, in view of the recent rally in…

Chevron Is Buffett’s Latest Billion-Dollar ‘Mystery’ Investment

Feb 17, 2021 at 09:06 | Tsvetana Paraskova

Berkshire Hathaway has invested US$4.1 billion in Chevron (NYSE:CVX) stock, Warren Buffett’s conglomerate announced in a filing with the SEC with holdings as of the end…

Oil Prices Soar As U.S. Oil Production Plunges 30%

Feb 17, 2021 at 07:18 | Irina Slav

West Texas Intermediate jumped over $60 per barrel after the Polar Vortex that brought unusually cold weather to a large part of the U.S. froze—literally—a third of…

Is This Oil Rally The Start Of Something Much Bigger?

Feb 16, 2021 at 17:51 | Tsvetana Paraskova

Commodities have rallied in recent months, outperforming equity indexes amid expectations of an economic recovery, easy monetary policy, and rising inflation.   The commodity bull run across the board—spearheaded by a…

Not Every New ‘Energy’ Company Has Tesla’s Resilience

Feb 16, 2021 at 17:24 | Alex Kimani

Over the past two decades, the renewable energy sector has been besieged by a smorgasbord of challenges, including regulatory issues, U.S. sequestration,  overcapacity, bankruptcies, and even the lure of other…

Texas Winter Storm Highlights The Importance Of Fossil Fuels

Feb 16, 2021 at 16:52 | Irina Slav

The message that we need to electrify everything that currently uses fossil fuels to generate energy has become the dominant message of the energy transition. Solar, wind, and energy storage—perhaps…

3 Extra Fringe Energy Innovations For 2021

Feb 16, 2021 at 16:04 | Alex Kimani

Not too long ago, wind, solar, and energy storage technologies were largely dismissed as being fringe, pie-in-the-sky, and not cost-competitive. Today, clean energy is not only being recognized because of…

Goldman Sachs Turns Bullish On Energy Stocks

Feb 16, 2021 at 14:39 | ZeroHedge

On a day when one of our preferred stocks, Exxon, has hit the highest price since last June following an upgrade from Credit Suisse which upped its price target for…

Is This The Beginning Of The End For Ecuador's Oil Industry?

Feb 16, 2021 at 14:06 | Matthew Smith

Major energy companies are becoming increasingly sensitive to drilling in high-risk environments such as the Arctic, Barents Sea and the Amazon Basin. A combination of highly volatile oil…

What The Media Isn’t Telling You About Texas Blackouts

Feb 16, 2021 at 12:59 | Leonard Hyman & William Tilles

Unprecedented winter storms hit Texas. The electricity grid cannot deal with excess of demand over supply. Prices soar. Rolling blackouts. Expect more says the grid operator. What the stories do…

Texas Freeze Raises Cost Of Charging A Tesla To $900

Feb 16, 2021 at 12:01 | OPC Markets

The electricity shortage in Texas amid the cold snap has sent spot electricity prices soaring so much that the surge in power prices equals a cost of $900 for…

$100 Oil: Big Banks Believe A New Oil Supercycle Is Beginning

Feb 16, 2021 at 10:56 | Julianne Geiger

Some of the world’s biggest names in oil trading and analyzing can’t seem to get on the same page when it comes to predicting what will happen next for the…

Gas Prices Hit Another High Amid Blackouts

Feb 16, 2021 at 10:03 | Irina Slav

After physical delivery gas prices hit $600 per million British thermal units in Oklahoma this past weekend, the commodity is now trading at $500 per mmBtu at two Midcontinent…

Oil Prices Head Higher As Texas Grapples With An Arctic Blast

Feb 16, 2021 at 09:04 | Liubov Georges

Crude and refined products futures on the New York Mercantile Exchange advanced on Tuesday, lifting West Texas Intermediate, Ultra-Low Sulfur Diesel (ULSD) and gasoline (RBOB) contacts to their highest price…

How India’s Hunger For Oil Could Transform The Middle East

Feb 15, 2021 at 17:57 | Simon Watkins

The release of a major report last week by the International Energy Agency (IEA) highlighting that India will make up the biggest share of energy demand growth from now until…

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