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Energy

WoodMac: U.S. To Triple LNG Exports By 2033

Nov 18, 2022 at 08:07 | Tsvetana Paraskova

Surging global demand for liquefied natural gas is set to nearly triple U.S. LNG exports over the next decade, as LNG buyers seek diversification and reliable, low-cost supply,…

Geopolitical Tensions Ease In Europe After Missile Hits Poland

Nov 18, 2022 at 08:04 | Editorial Dept

Politics, Geopolitics & Conflict - A missile that hit Poland, near the border with Ukraine, killing two people this week has been walked back from the point of no return,…

Saudis Take The Lead In New Round Of OPEC+ Cuts

Nov 18, 2022 at 08:00 | Editorial Dept

In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors.…

WTI Drops To $80 As Bearish Momentum Grows

Nov 18, 2022 at 07:57 | Editorial Dept

U.S. West Texas Intermediate crude oil traded lower on Thursday as the U.S. Dollar soared on hawkish comments from a widely followed Federal Reserve member. Prices were already trading lower…

America’s Ailing Power Grid Is Getting A $13 Billion Bump

Nov 18, 2022 at 07:45 | Tsvetana Paraskova

The U.S. Administration is allocating $13 billion in federal funds to programs for the modernization and expansion of America’s power grid, the White House said

Africa’s Energy Trilemma

Nov 18, 2022 at 07:35 | Haley Zaremba

The world is facing an energy trilemma. Leaders in the public and private sectors are faced with the challenging puzzle of how to ensure a secure and reliable…

New Englanders Are Fed Up With High Energy Prices

Nov 18, 2022 at 07:13 | Irina Slav

Energy consumers and utilities in New England are growing annoyed with high energy prices and the prospect of a shortage this winter because of record U.S. gas exports…

Former NBA Champ Is Transforming The $11 Trillion Construction Industry

Nov 17, 2022 at 13:14 | Josh Owens

In less than a decade, the world will have burned through what’s left of its entire carbon budget, soaring past the critical threshold and unleashing catastrophic climate events, according to…

Moody’s Expects Power Prices In Europe To Stay Higher-For-Longer

Nov 17, 2022 at 12:32 | Tsvetana Paraskova

Europe’s power prices will not come off historically high levels anytime soon as the supply for all electricity generation sources is tight and likely to remain so in…

Oil Falls More Than 4% As Traders Ditch The China Reopening Play

Nov 17, 2022 at 11:46 | Julianne Geiger

Oil prices plummeted on Thursday on a series of bearish market forces, led by thin liquidity and easing geopolitical tensions between Russia and the West when it became clear that…

The Global Energy Transition Has A $22 Trillion Problem

Nov 17, 2022 at 11:08 | Haley Zaremba

The global energy industry is at a turning point. Unprecedented shocks to the global economy stemming from the Covid-19 pandemic and compounded exponentially by Russia’s illegal war in…

Saudi Arabia Slashes Oil Exports By 430,000 Bpd As OPEC+ Cuts Output

Nov 17, 2022 at 10:49 | Charles Kennedy

The world’s largest crude oil exporter, Saudi Arabia, has started to slash its crude exports after OPEC+ is now reducing its overall target production by 2 million barrels per day…

Which European Countries Will Suffer The Most From The Energy Crisis?

Nov 17, 2022 at 09:05 | Haley Zaremba

So far, Europe’s energy crisis has not been as bad as we had feared. After gas prices soared in the wake of Russia’s invasion of Ukraine, things have…

Biden Might Not Be Able To Lift Sanctions On Venezuela Even If He Wants To

Nov 17, 2022 at 08:51 | Matthew Smith

A deep global energy crisis, which is sharply impacting Western Europe, is forcing countries around the world to…

Fitch: This Is The Biggest Downward Risk For Oil Markets In 2023

Nov 17, 2022 at 08:44 | Charles Kennedy

Short-term oil price forecasts have been persistently bullish this year, with most forecasters expecting benchmarks to top $100 sometime next year. Over the longer term, however, things change.…

Germany Braces For “Aggressive Discontent” Ahead Of Winter Power Cuts

Nov 17, 2022 at 08:14 | ZeroHedge

While Europe has been keeping a generally optimistic facade ahead of the coming cold winter, signaling that it has more than enough gas in storage to make up…

Uzbekistan Halts Natural Gas Exports Amid Widespread Power Outages

Nov 17, 2022 at 07:56 | Eurasianet

Uzbekistan says it has all but entirely stopped exporting natural gas and instead increased imports of the fuel amid a surge in domestic demand in the early stages…

Oil Prices Fall On Easing Geopolitical Tensions

Nov 17, 2022 at 02:17 | Charles Kennedy

Oil prices declined on Wednesday and were still lower early on Thursday morning as NATO made clear that the missile that fell in a Polish village did not come from…

Reading The Tea Leaves In Energy Markets

Nov 16, 2022 at 16:36 | Leonard Hyman & William Tilles

The U.S. public opinion “experts” and pundits pontificated before last week’s election. Then they pontificated afterwards. explaining what they got wrong. They get paid both times. Nice work…

Oil Prices Fall As Druzbha Pipeline Resumes Flows

Nov 16, 2022 at 11:11 | Alex Kimani

Oil prices have been falling in Wednesday’s session after oil flows on the Druzhba pipeline from Russia to Eastern Europe resumed after having…

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