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Article Archive | Page 6

The Ongoing Transformation Of ‘Big Oil’

Jul 12, 2021 at 16:03

When last year BP vowed to reduce its oil and gas output by 40 percent by 2030 as it shifts to renewable energy, it came as…

High Oil Prices Threaten The Global Economic Recovery

Jul 12, 2021 at 16:05

Since oil prices exceeded $70 per barrel earlier this year, analysts, economists, and central banks have been fretting about whether higher crude prices could disrupt the momentum in…

Investors Are Betting Big On The Future Of EV Efficiency

Jul 12, 2021 at 15:51

With the global electrification drive in full swing, electric cars have constantly been improving in terms of mileage, performance, charging time—and costs. And, Wright's law

U.S. Gasoline Demand In 2021 May Have Peaked Already

Jul 12, 2021 at 14:14

The United States may have seen 2021 gasoline demand peak around the July 4 holiday, but increased airline traffic at domestic airports bodes well for the overall recovery in oil…

Spreads And Inventory Levels Suggest Oil Prices Will Go Even Higher

Jul 12, 2021 at 14:11

Oil prices have continued to rally this year as economies recover from impaired pandemic levels, however, calendar spreads have been unable to realize their bullish intent. In fact,…

Colombia Looks Offshore To Revitalize Its Oil Industry

Jul 12, 2021 at 12:54

After an exceptionally tough 2020 and poor start to 2021 for Colombia’s oil industry, the country’s energy ministry is betting on an offshore…

Paid To Poop: How Feces Is Creating “Clean” Energy

Jul 12, 2021 at 12:00

A university in South Korea has designed an eco-friendly toilet that turns waste into energy and cryptocurrency, which university students can use to buy food and coffee on campus.…

India: Rich Economies Must Help Foot Our Energy Transition Bill

Jul 12, 2021 at 11:06

Wealthy economies must help with financing India’s energy transition, Bloomberg reported this week, citing the country’s Environment Secretary. “Every policy decision has a cost to the economy. Going net-zero…

Iran Nuclear Deal 90% Done: Russian Diplomat

Jul 12, 2021 at 10:01

About 90 percent of the work on the Iran nuclear deal has been done, but the 10 percent that remains might prove a tough nut to crack. That’s according to…

OPEC+ Still Far From Resolving UAE-Saudi Spat

Jul 12, 2021 at 09:06

The odds of an OPEC+ meeting this week look increasingly unlikely as the group has failed to make progress in resolving the differences between key OPEC members Saudi Arabia and…

The IEA’s Climate Warnings Grow Louder, But Is Anyone Listening?

Jul 09, 2021 at 16:41

Earlier this month the International Energy Agency had yet another dire warning for those concerned about the welfare of the planet. Natural gas…

Biden’s $2.5 Trillion Plan Could Send These 3 EV Stocks Soaring

Jul 09, 2021 at 17:43

Just days from now, Biden is set to gamble a proposed $2.5 trillion on a new plan, in hopes of bringing America’s foundation into the next generation. It's coming in…

Natural Gas Prices Still Have Room To Run

Jul 09, 2021 at 16:19

U.S. natural gas prices have more than doubled since last year’s pandemic-induced slump. Prices surged in the second quarter of 2021 by 40 percent, registering the largest quarterly…

How COVID-19 Triggered The Mother Of All Oil Crises

Jul 09, 2021 at 16:02

The COVID-19 pandemic certainly wasn’t the first historic crash or economic crisis for the oil and gas industry, and it (probably) won’t be the last.

Lebanon On The Brink As Fuel And Electricity Shortages Grip The Country

Jul 09, 2021 at 12:54

On the last day of the month, armed protesters took to the streets of Tripoli. They were outraged by the power outages and the story

A Contrarian Investor’s Approach To OPEC’s Oil Spat

Jul 09, 2021 at 12:59

After seven consecutive weeks of gains, oil prices have gone into reverse gear once again, thanks mainly to a collapse in OPEC+ talks. Oil prices have…

U.S. Shale Can’t Afford To Gamble On The OPEC+ Outcome

Jul 09, 2021 at 12:50

Following a deadlock in OPEC+ negotiations at the July 2021 meeting, oil prices briefly rose above $75 per barrel at the prospect of the alliance keeping output stable…

UK Households To Foot The Bill For New Nuclear Plants

Jul 09, 2021 at 12:49

Households will reportedly soon see their energy bills hiked in order to pay for the construction of new nuclear power plants in the UK. Ministers are…

Creating A Blueprint For A Sustainable Future In Latin America

Jul 09, 2021 at 12:47

As Latin America continues its economic recovery from Covid-19, countries in the region are increasingly looking towards the circular economy as a platform for sustainable future growth.

Russia Threatens Military Response To U.S. Navy Drills In The Black Sea

Jul 09, 2021 at 12:44

One might hope that after the dramatic close call June 23rd events on the Black Sea which saw a Russian patrol ship fire warning shots to deter a…

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