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Article Archive | Page 2

The Smoke And Mirrors Surrounding U.S.-Iran Relations

Sep 29, 2023 at 05:25

Politics, Geopolitics & Conflict The smoke and mirrors surrounding developments in U.S.-Iran relations continued this week, with Israeli media insisting the Iranian leaders have agreed to direct nuclear talks with…

The Energy Implications Of A Renewed Armenia-Azerbaijan Conflict

Sep 29, 2023 at 05:23

A fierce resumption of the Armenia-Azerbaijan war over Nagorno-Karabakh is a direct reflection of a breakdown of Russian foreign policy and Russian domestic political uncertainty stemming from the…

Oil Traders Increasingly Bullish Despite Economic Uncertainties

Sep 29, 2023 at 05:19

The global oil market has experienced a whirlwind of movements this week, with prices swinging between highs and lows, driven by a myriad of factors ranging from supply constraints to…

Analysts Raise Oil Price Forecasts As Market Tightens

Sep 29, 2023 at 07:51

Analysts polled by Reuters raised their oil price forecasts for a second consecutive month, expecting the OPEC+ cuts to continue tightening the market, although few see $100 oil…

Will We See $100 Oil In October?

Sep 28, 2023 at 13:23

After rallying to more than $97 per barrel on Wednesday, Brent crude took a breather on Thursday as traders started to take profits and the macro-focus in the markets turned…

China Prepares For Peak Oil Demand

Sep 28, 2023 at 09:25

Peak oil demand is coming to China; this message has been conveyed repeatedly by forecasters such as Wood Mackenzie and by China’s very own state oil majors. Given…

Oil Giants Embrace Exploration Revival

Sep 28, 2023 at 09:12

Spending on oil and gas exploration is recovering from the pandemic lows as the energy security push is prompting companies to look for lower-cost barrels with a more disciplined capex…

Microsoft Eyes Nuclear Energy To Power Its Massive AI Ambitions

Sep 28, 2023 at 08:43

Bill Gates has been one of nuclear energy’s staunchest and most vocal advocates for years now. "Nuclear energy, if we do it right, will help us solve our climate goals,"…

Clean Hydrogen Dreams Delayed By Rising Costs

Sep 28, 2023 at 08:40

There is currently not enough funding and support for hydrogen projects to roll it out on the scale they require to achieve the net-zero scenario by 2050, according to several…

Revolutionary Nickel-Gold Thermoelectric Surpasses Semiconductors

Sep 28, 2023 at 08:35

Researchers at the Vienna University of Technology discovered excellent thermoelectric properties of nickel-gold alloys. These can be used to efficiently convert heat into electrical energy.

European Demand Dilemma Delays Azerbaijan Gas Export Boost

Sep 28, 2023 at 08:31

Plans agreed last year by Azerbaijan and the European Union for Baku to double the volume of gas it sends to Europe to 20 billion cubic metres a…

Gold And Silver Prices Teeter Near Support Zones

Sep 28, 2023 at 08:20

Via Metal Miner Month-over-month, the Precious Metals MMI (Monthly Metals Index) witnessed almost no movement and narrowly missed…

The Next Hurdle In Armenia And Azerbaijan's Contentious Negotiations

Sep 28, 2023 at 08:17

Negotiations over a peace deal between Armenia and Azerbaijan are continuing, even as refugees continue to stream into Armenia following Azerbaijan's military assault on the breakaway region of…

Aramco Looks To Expand Position In LNG With New Deal

Sep 28, 2023 at 09:49

Saudi Aramco, the world's foremost national oil and gas company, has boosted its investment activity with the announcement of the acquisition of a minority stake in U.S.-based MidOcean Energy, owned…

IEA Faces Backlash Over Bold 2030 Oil Demand Forecast

Sep 28, 2023 at 08:08

The credibility of the International Energy Agency continues to wane as it continues to advocate for an urgent shift towards a decarbonized economy. According to the IEA, global fossil fuel…

U.S. Oil Price Hits Highest Level In 13 Months

Sep 28, 2023 at 04:38

The benchmark U.S. oil price rose early on Thursday to the highest level since August 2022, extending Wednesday’s surge as U.S. commercial inventories continue to decline more than expected. WTI…

$100 Oil Is Bad For The Economy (And For OPEC+)

Sep 27, 2023 at 09:00

Crude oil prices are on the rise, driven by stark cutbacks imposed by Saudi Arabia and Russia, the main forces behind OPEC+. The cuts, implemented by the oil cartel in…

Wind And Solar Dreams Clashing With Hard Economic Facts

Sep 27, 2023 at 09:03

Two years ago, in May 2021, the International Energy Agency published what many saw as a landmark report about the progress of the transition to net zero.…

U.S. Battery Storage Surge Helped Prevent Summer Blackouts

Sep 27, 2023 at 08:56

While natural gas provided the largest share of electricity supply during this summer's heatwaves, growing battery storage capacity dispatched power during evening peak hours, helping the grids—including ERCOT in Texas—avoid…

Oil Dethroned? Cocaine Close To Becoming Colombia's Top Export

Sep 27, 2023 at 08:53

 A controversial article from news conglomerate Bloomberg claims that cocaine is poised to overtake oil and become Colombia’s largest export. This worrying report came on the heels of the 

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