In a surprise move roughly one month ago Colombia’s Supreme Court ordered the house arrest of former President Àlvaro Uribe after allegations of…
Oil prices retreated on Friday morning as it became clear that the damage caused by hurricane Laura was not as bad as markets had expected For Global Energy Alert…
Baker Hughes reported on Friday that the number of oil rigs in the United States fell by 3 to 180, after rising last week for the first time since January.…
U.S. West Texas Intermediate crude oil futures are trading slightly better on Friday as Hurricane Laura moved beyond the heart of the U.S. oil industry in Louisiana and Texas without…
1. Oil volatility collapses- For two months, the oil market has been incredibly boring. Brent…
Politics, Geopolitics & Conflict - ISIS is believed to have been behind a major attack on Syria’s energy infrastructure earlier this week that caused a nationwide blackout following an explosion…
Regular readers of my ramblings, god bless ‘em, will probably be aware of two separate things that are both relevant right now. First, I do my best to avoid politics…
Gas Gave Israel Geopolitical Leverage. That Changes Everything The Mediterranean is about to become an even bigger fossil fuels minefield in the coming weeks as Israel has ratified the underwater…
Nigeria is preparing for an extended period of low oil prices, Muhammadu Buhari, the president of the biggest oil producer in Africa, said…
The global COVID-19 pandemic led to an abysmal second quarter for the earnings of U.S. oil companies, but oil prices themselves staged a recovery during the quarter.
Refineries along the Gulf Coast began to restart a day after hurricane Laura made landfall in Louisiana, most of them only suffering minimal or no damage.
The rise of renewable energy sources and the decarbonization of the grid will need new energy storage installations in the coming years to provide flexible energy and capacity.…
Maritime transport is one of the largest consumers of fossil fuels and, as such, a natural target for those looking for cleaner alternatives. Making ships electric was a…
ESG (Environmental, Social, and Corporate Governance), like pretty much everything else in this increasingly partisan world, has become an extremely divisive topic in the business sector. While many…
A brand new electric car is preparing to hit the U.S. and it’s either going to take EVs by storm because it’s super cheap, or it’s going to…
Problems With Renewables The problems with renewable energy are, by now, common knowledge for most. From intermittency to storage limitations, high upfront costs and geographic restrictions, each of…
Acceptance is the first step to recovery. One of the world’s dirtiest industries seems to have taken this tenet of the 12-step program to heart. It knows it…
It would be better for Russia if oil prices were higher than $46 a barrel, Russian President Vladimir Putin said on Thursday. In an interview with Russian TV channel Rossiya,…
Indian refiners have stopped buying crude oil from Chinese sellers, according to a Reuters report that cited unnamed sources. The move, according to the report, comes as a result…
The COVID-19 pandemic has turned the entire world upside-down, but it has also highlighted some of our biggest shortcomings. From energy usage to infrastructure and public policy, there…