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Article Archive | Page 7

Standard Chartered Sees Lower Oil Inventory Draw In Q4

Sep 21, 2023 at 14:27

The oil price rally continues to display strong momentum as tightness in the physical markets shows no sign of easing. The past seven trading days have all seen new year-to-date-highs…

California's Lawsuit Against Oil Giants: Righteous Or Ridiculous?

Sep 21, 2023 at 09:46

“The search for a scapegoat is the easiest of all hunting expeditions.” — Dwight D. Eisenhower The state of California is suing five major…

Ukraine Back In U.S. Political Spotlight

Sep 21, 2023 at 09:43

When Joe Biden defeated incumbent Donald Trump in the November 2020 presidential contest, it ended a tense election struggle in which a country that had never played more…

Rishi Sunak Faces Heat As Labour Pushes Back On Petrol Policy Delay

Sep 21, 2023 at 09:40

The Labour Party has pledged it would reinstate the ban on the sale of new petrol and diesel cars from 2030 if elected into government. Shadow…

New BRICS Members Solidify The Bloc’s Renewable Leadership

Sep 21, 2023 at 09:37

The planned expansion of the BRICS bloc, through the addition of new members Saudi Arabia, Iran, United Arab Emirates (UAE), Egypt, Ethiopia and Argentina, will transform the grouping…

MBS To Fox: Saudi Arabia Will Get Nuclear Arms If Iran Does

Sep 21, 2023 at 09:26

Crown Prince Mohammed bin Salman (MbS) said in an exclusive Fox News interview published Wednesday that Saudi Arabia will obtain a nuclear weapon if its number one regional rival does…

Nagorno-Karabakh Announces Readiness To Surrender Following Azerbaijan Offensive

Sep 21, 2023 at 09:31

The de facto Armenian administration of Nagorno-Karabakh declared its readiness to surrender to Azerbaijan, avoiding further bloodshed following the start of the latter’s offensive

Russia Attacks Ukraine’s Energy Infrastructure Ahead Of Winter

Sep 21, 2023 at 09:23

Russia launched missile attacks on Ukrainian energy facilities on Thursday, in one of the biggest attacks on Ukraine’s energy infrastructure in months. Missile attacks overnight caused damage to power facilities…

Aramco May Acquire More International Oil & Gas Assets

Sep 21, 2023 at 08:52

The role of Saudi Aramco has always been seen as that of a national oil company, deeply integrated into the Kingdom's operations and serving as a significant player in the…

Russia Curbs Gasoline And Diesel Exports To Stabilize Domestic Prices

Sep 21, 2023 at 07:42

Russia is temporarily restricting exports of gasoline and diesel to stabilize fuel prices on the domestic market, the Russian government said on Thursday, ending weeks…

China’s Coal Imports From Russia And Australia Soar

Sep 21, 2023 at 04:48

China is importing record volumes of coal, with purchases from Australia and Russia at multi-year highs, as Chinese authorities focus on boosting energy security and the economy amid…

Longevity Of $100 Oil Comes Down To Who’s Right About The Saudis

Sep 20, 2023 at 12:08

Commodity analysts at Dutch multinational banking and financial services company ING Bank have said the oil price rally still has room to run, and have forecast that Brent crude…

Saudi Energy Minister Sets Record Straight On Oil Prices

Sep 20, 2023 at 09:08

The ongoing extra production cut by Saudi Arabia is intended to stabilize the oil market and prevent high volatility in times of uncertainty, not to "jack up" prices,…

Alberta's Big Bet: Ditch Emissions, Not Oil

Sep 20, 2023 at 09:21

Over the past decade, major oil companies, under pressure from investors and environmentalists, have been fleeing Canada's oil sands, the fourth-largest oil reserve in the world, while investment in existing…

Venezuela Is Not A Solution To Colombia’s Natural Gas Crisis

Sep 20, 2023 at 09:15

After entering office on August 7th, 2023, Colombia’s leftist President, Gustavo Petr, implemented his plan to cease issuing new hydrocarbon exploration contracts and ban the controversial…

Historic UAW Strike Spells Uncertainty For Steel Prices

Sep 20, 2023 at 09:10

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a 2.83% decline from August…

Turkmenistan Eyes Role As Central Asian Transit Hub

Sep 20, 2023 at 09:06

That many more train and trucks laden with goods should be rumbling through Turkmenistan – heading north, south, west and east – is a core tenet of the government’s vision…

Electric Dream On Pause? UK's Fuel Car Ban Faces Delay

Sep 20, 2023 at 09:02

Leading car manufacturers have urged the government to give clarity on its proposed row back on banning petrol and diesel cars, saying they’ve invested hundreds of millions to…

Tandem Solar Cells Poised To Revolutionize Energy Market

Sep 20, 2023 at 08:59

Kaunas University of Technology researchers report in a new paper on the improvements of silicon-perovskite tandem cells. In the ongoing quest for more efficient solar cells, the…

Oil Jumps As Crude Inventories Draw

Sep 20, 2023 at 09:36

Crude oil prices moved higher today after the Energy Information Administration reported an inventory decline of 2.1 million barrels for the week to September 15. That compared with…

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