South Africa’s energy crisis is teetering on the edge of a major political and economic crisis. Bogged down by inefficiency, ineptitude, and severe levels of corruption, the country’s…
Oil majors are rounding up the 2022 financial year with outstanding profit numbers, a development that faces strong backlash from the Biden Administration.
Back in August 2022, repo plumbing guru Zoltan Pozsar published a fascinating chart showing how "$2 Trillion Of German Value Depends…
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…
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…
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,…
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. …
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 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…
The price of continued stalling in the UK’s nuclear ambitions was exposed last week, when the National Grid paid households to turn off their tumble dryers, television sets…
Via AG Metal Miner No matter where in the world you go and what energy source you’re using, energy transfer requires transformers. Be…
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…
Leopard 2 and Abrams tanks pledged by the West will give Ukraine a substantial boost in its fight against invading Russian forces, but numbers are a key factor…
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…
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…
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.…
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…
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…
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…
The ARC Centre of Excellence in Exciton Science demonstrated a new pathway to creating durable, efficient perovskite photovoltaics at industrial scale. The process uses the…