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Article Archive

Not Even The Peak Oil Threat Can Slow Brazil's Oil Boom

Jul 30, 2021 at 16:13

The global push to substantially reduce carbon and other fossil fuel emissions is expected to sharply impact demand for fossil fuels. It will eventually trigger a phenomenon known…

The Hydrogen Hype Is Real, But Is It Justified?

Jul 30, 2021 at 16:10

Amid all the hype hydrogen is getting lately as an energy source, the reality is that this fuel faces significant challenges in scaling up in the global energy…

Will Carbon Taxes Level The International Playing Field?

Jul 30, 2021 at 16:06

A year ago, the idea of a carbon border tax was more of a hypothetical than an actual plan. But a year ago, the EU had not yet…

Tesla Lowers Prices In China While Raising Them In The U.S.

Jul 30, 2021 at 15:37

After posting its most recent earnings "beat", Tesla is taking on two starkly different strategies for its U.S. and its China business.  In the United States,…

Coal Demand Is Spiking In 2021

Jul 30, 2021 at 15:35

Amid all the talk of global warming, climate change-induced catastrophes, decarbonization and green finance, the global trade in “dirty” coal is enjoying an ironic renaissance. Bulk ships are…

China Doubles Down On Coal Despite Global Push To Go Green

Jul 30, 2021 at 15:31

Despite global expectations to move away from coal, demand in China is still strong, as rising global temperatures causing heat waves are driving up electricity demand and coal…

Russia’s Mediterranean Pivot Will Come At A Cost

Jul 30, 2021 at 15:29

The overwhelming majority of Russia’s population lives in the western regions near the border with Europe and the Black Sea. Cultural and economic ties with Mediterranean countries have…

Rollercoaster Ride Continues For Didi After Government Rug-Pull

Jul 30, 2021 at 15:33

The non-stop rollercoaster ride in Didi shares continued Friday, one day after reports that Didi might go private sent the stock into the…

Israeli-Managed Tanker Attacked Off The Coast Of Oman

Jul 30, 2021 at 15:26

The UK Defence Ministry is confirming an overnight attack on an Israeli-managed tanker in the Arabian Sea off the coast of Oman. Though few details have…

Oil Bulls Remain Confident Despite Covid Concerns

Jul 30, 2021 at 11:54

Oil prices climbed this week as U.S. inventories tightened and the risk of Iran reaching a new deal and bringing extra crude online decreased.

U.S. Oil Rig Count Slips Amid Drop In U.S. Oil Output

Jul 30, 2021 at 12:16

The number of oil and gas rigs in the United States fell by 3 this week, according to Baker Hughes, which reported the total rig count as 488, up…

Analysts See Oil Trading Closer To $70 Through Year-End

Jul 30, 2021 at 10:53

Oil analysts and economists believe that $70 a barrel is a more realistic outlook for Brent Crude prices for the rest of the year than $80 oil, as COVID variants…

Natural Gas Deficit Causes Prices To Soar

Jul 30, 2021 at 09:49

Natural gas prices are rising across Europe and Asia due to tighter supply of the commodity, lower production in Europe, and lower exports from Russia, the Financial Times reports,…

ExxonMobil Beats Earnings Estimates As Its Chemicals Business Booms

Jul 30, 2021 at 09:07

Higher oil and gas demand and the best-ever quarterly performance in the chemicals business helped ExxonMobil (NYSE: XOM) beat analyst expectations as it reported second-quarter 2021 earnings of $4.7…

Is America’s Oil Industry Too Big To Fail?

Jul 29, 2021 at 11:00

The Biden administration is making strides in reducing the United States’ dependence on fossil fuels for its energy needs. The federal government’s post-pandemic plan involves hundreds of billions…

Net-Zero Agenda Clashes With Rapidly Rising Global Energy Demand

Jul 29, 2021 at 16:29

“The reality is that the world is set to need more energy, not less energy,” BP’s chief executive Bernard Looney said last week,…

Can The Middle East Really Become A Leader In Renewable Energy?

Jul 29, 2021 at 15:20

To say that the six countries that make up the Gulf Cooperative Council (GCC) live and breathe hydrocarbons is hardly an exaggeration. About 60 years ago, the average…

Oil Market Still Far From Being Back To ‘Normal’

Jul 29, 2021 at 13:53

Worry about oil demand sparked by the resurgence of Covid-19 in some parts of the world and a fund selloff in oil futures has reversed the recent price rally. OPEC+…

Can The Biden Administration Meet Its Ambitious Offshore Wind Power Target?

Jul 29, 2021 at 11:09

Earlier this year, the Biden administration said it planned to build offshore wind power generation capacity to the tune of 30 GW by 2030, creating more than 44,000…

Can G7 Countries Compete With China’s Belt And Road Initiative?

Jul 29, 2021 at 10:56

Following the expansion of Chinese-led projects in many emerging markets over the past decade, the G7 has unveiled its own initiative to support global infrastructure development, dubbed Build…

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