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U.S. Monthly Crude Oil Production Falls

Article Archive | Page 2

South Africa’s Energy Crisis Could Spark A Political And Economic Disaster

Jan 31, 2023 at 08:41

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…

Traders Turn Bullish On Oil As Majors Report Earnings

Jan 31, 2023 at 09:25

Oil majors are rounding up the 2022 financial year with outstanding profit numbers, a development that faces strong backlash from the Biden Administration.

Germany’s $2 Trillion Economic Miracle at Risk

Jan 31, 2023 at 08:32

Back in August 2022, repo plumbing guru Zoltan Pozsar published a fascinating chart showing how "$2 Trillion Of German Value Depends…

European Natural Gas Prices Surge Ahead Of Cold Spell

Jan 31, 2023 at 06:58

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 Reports Record Profits, But There's A Catch

Jan 30, 2023 at 10:37

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…

Here’s Why Qatar Is About To Make A Big Move On Iraqi Oil & Gas

Jan 30, 2023 at 10:14

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,…

Can Colombia Really Replace Oil And Gas Revenue?

Jan 30, 2023 at 10:32

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. …

Expert Analysis: What To Expect In Energy Markets This Year

Jan 30, 2023 at 10:29

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 Services To Grow To $1 Trillion By 2025

Jan 30, 2023 at 10:24

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 True Cost Of Ignoring Nuclear Energy In The UK

Jan 30, 2023 at 10:19

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…

The Push To Modernize Power Grids Is Fueling Demand For A Key Metal

Jan 30, 2023 at 10:18

Via AG Metal Miner No matter where in the world you go and what energy source you’re using, energy transfer requires transformers. Be…

Why Middle East Producers Cut Prices In The Face Of Soaring Chinese Oil Demand

Jan 30, 2023 at 10:51

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…

How Will Western Tanks Transform The Battlefield In Ukraine?

Jan 30, 2023 at 10:11

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…

Aramco Closes In On $7.2 Billion In Deals Supporting Saudi Industry

Jan 30, 2023 at 09:24

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…

Texas Oil And Gas Industry Braces For Severe Winter Weather

Jan 30, 2023 at 08:30

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…

Oil Prices Set To Climb On Rumors That The Fed Will Stop Hiking Interest Rates

Jan 30, 2023 at 03:10

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.…

Windfall Taxes Sweep Through The Global Energy Sector

Jan 27, 2023 at 10:20

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…

Oil And Gas In For Turbulent Year As Governments And Industry Butt Heads

Jan 27, 2023 at 08:41

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…

U.S. May Step In As Peace Process Between Azerbaijan And Armenia Drags On

Jan 27, 2023 at 09:48

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…

A New Pathway To Create Scalable Perovskite Solar Cells

Jan 27, 2023 at 11:09

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…

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