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Breaking News:

Oil Prices Gain 2% on Tightening Supply

Energy

Is This The No.1 Energy Stock for 2024?

Mar 13, 2024 at 17:37 | Charles Kennedy

In the coming months, Europe’s energy crisis may take a dramatic turn.  As Europe realizes the full risk of relying on foreign oil and gas, it could soon find relief…

Rising Gasoline Prices Bring Bad News for Biden

Mar 13, 2024 at 14:41 | Tsvetana Paraskova

The recent rise in U.S. gasoline prices is driving up inflation higher than expected, complicating the Fed’s monetary easing plans and President Joe Biden’s task to convince voters his Administration…

Japan Looks To Buddy Up to Allies for LNG Supply Post-2030

Mar 13, 2024 at 10:33 | Julianne Geiger

With Japan looking to steer clear of risky energy tie-ups with neighboring Russia, its allies could help to fill the country’s LNG needs for 2030 and beyond. Since Russia found…

Oil Steady as EIA Confirms Crude, Gasoline Draws

Mar 13, 2024 at 09:37 | Irina Slav

The Energy Information Administration reported an estimated inventory draw of 1.5 million barrels for the week to March 8. Gasoline stocks also declined while middle distillates inched up.…

Can Nuclear Power “Decarbonize” the Oil and Gas Industry?

Mar 13, 2024 at 09:00 | Felicity Bradstock

Governments and private companies worldwide have been exploring the idea of reducing emissions from oil operations by using nuclear energy. There is increasing pressure for oil and gas firms to…

40 Companies Join Race for Natural Hydrogen Deposits

Mar 13, 2024 at 08:55 | Rystad Energy

The buzz around natural hydrogen – dubbed white or gold hydrogen – is gaining global momentum as a potential gamechanger in the hunt for cost-effective, low-carbon energy sources.…

Can Tech Keep Up With AI's Appetite for Energy?

Mar 13, 2024 at 08:51 | Haley Zaremba

We tend to imagine the internet as something intangible. Data as ones and zeros that float through the cloud. Artificial Intelligence as a sinister savior of an electric pulse. But…

Norway’s Ambitious Plan to Store Carbon Dioxide in the North Sea

Mar 13, 2024 at 08:37 | Felicity Bradstock

Norway has big plans to pump waste carbon from oil and gas operations and heavy industry under the seabed of the North Sea to be stored safely underground. It believes…

59% of Investors Concerned About Greenwashing in Financial Industry

Mar 13, 2024 at 08:32 | City A.M

A majority of investors that picked their ISA based on sustainability credentials actually have their cash in providers classified as ‘worst’ for their environmental impact, new research has…

Forgotten Gas Reserves Could Be A Gamechanger For European Energy

Mar 12, 2024 at 16:07 | Tom Kool

The California geologist who helped develop one of Europe’s biggest heavy oilfields over two decades ago is back, and this time, he has two things in mind: European energy security…

Biden’s SPR Gamble Sparks Debate Over U.S. Energy Security

Mar 12, 2024 at 09:40 | Robert Rapier

The United States established its Strategic Petroleum Reserve (SPR) in the wake of the 1973–1974 oil embargo that disrupted oil imports and drove oil prices much higher.

Oil Markets Await a Shift in Sentiment

Mar 12, 2024 at 09:36 | Michael Kern

Despite multiple bullish catalysts, oil prices remained stubbornly rangebound at the start of this week, with markets awaiting a notable shift in sentiment.

OPEC Remains Upbeat About Oil Demand

Mar 12, 2024 at 09:36 | Charles Kennedy

OPEC remains optimistic that the world will see robust oil demand growth this year and next amid improving economies and further upside potential in global economic growth. In its closely-watched…

The Battle Over Energy-Efficient Housing is Heating Up Across the U.S.

Mar 12, 2024 at 09:35 | Haley Zaremba

Energy efficiency is essential for meeting climate goals and studies show that they will save consumers money on heating and electric bills in the long run – so why do…

IEA, OPEC Divergence on Oil Demand Becomes Too Big To Ignore

Mar 12, 2024 at 09:28 | Irina Slav

Ever since the International Energy Agency switched from a pure-play information provider to an advocate of the energy transition, its forecasts about oil demand have shifted to increasingly reflect this…

The Global North And South’s Fight For LNG Energy Security Is Set To Intensify

Mar 12, 2024 at 09:22 | Simon Watkins

Following the huge reduction in Russian pipelined gas to Europe following 24 February 2022’s invasion of Ukraine, liquefied natural gas (LNG) has become the swing emergency energy supply for many…

AI, Bitcoin And Clean Energy Boom Are Straining U.S. Power Supply

Mar 12, 2024 at 09:09 | Alex Kimani

The tech world is currently living through the Fourth Industrial Revolution as Artificial Intelligence (AI), cryptocurrencies and clean energy have emerged as some of the biggest secular megatrends of our…

China Buys Up Russian Crude Shunned by India

Mar 12, 2024 at 06:27 | Tsvetana Paraskova

Stranded cargoes of Russia’s Sokol crude, previously headed to India but idled off South Korea and Singapore since the U.S. stepped up sanctions enforcement, have started to make their way…

What Does China’s New Economic Growth Target Mean For Oil Prices?

Mar 11, 2024 at 17:43 | Simon Watkins

China’s stunning economic growth was almost single-handedly responsible for the commodities supercycle from the late 1990s to the onset of the 2014-2016 Oil Price War, as analysed in full in 

Europe’s Secret Weapon In Its Energy War With Russia

Mar 11, 2024 at 16:04 | Charles Kennedy

If Germany fails to make up for its winding down of Russian natural gas imports, high-priced LNG imports, delayed nuclear power phaseout, and even restarting of dormant coal plants will…

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