In its latest climate report, the United Nations warns that “humanity is on thin ice” and “ice is melting fast” as greenhouse gas emissions continue to increase. From 2010 to…
After striking their historic peace deal which was mediated by China in Beijing over a week ago, Iran and Saudi Arabia continue to make strikes toward full normalization of ties,…
The European Commission on Monday proposed extending the emergency measure which targets a 15% reduction in the bloc’s natural gas consumption by another 12 months to the end…
The selloff in oil continues on Monday, with Brent falling to the $72 a barrel mark and U.S. crude down to the $65 per barrel handle, as traders are cutting…
Russia was the single largest crude oil supplier to China in January and February, overtaking Saudi Arabia which was the number-one supplier of oil to China last year, according to…
China exported 4.54 million tons of diesel in the first two months of the year, up 10 times from last year’s export rate, which stood at 420,000 tons, government data…
China’s recovery is underway, and many anticipate that China’s recovery will mean calls for additional crude oil, bolstering oil prices. But China’s economic reemergence is anything but a sure thing…
The energy sector has emerged as the worst performer among all 11 sectors of the U.S. market in the current week, with energy prices dropping sharply as a
There’s an old adage for commodities that says, “the cure for high prices is high prices.” The inverse is true as well. In fact, I often heard this phrase when…
Western arms control experts are asking whether old taboos on the use of nuclear weapons are still valid in an age of ascendant illiberalism, underscored by Russia’s unprovoked…
Russian President Vladimir Putin has made the opening of a north-south trade route between the Russian Federation and the Indian Ocean via Iran a priority for more than a decade.…
“We know that the transition will not be a straight line. Different countries and industries will move at different speeds, and oil and gas will play a vital role in…
After years of uncertainty, ConocoPhillips’ Willow project has finally got the green light in Alaska. Stakeholders were unsure whether Willow would go ahead after several delayed oil and gas leases…
In June 2022, driven by a combination of the Russian invasion of Ukraine, an economic recovery from Covid-19, and arguably certain policies of the Biden Administration, the average…
For many years, the successive leaders of Kyrgyzstan could not capitalize on their country’s strategic location along the shortest route connecting China to Central Asia and further onward to the…
A contentious move by Colombia’s first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed one of the domestic oil industry’s long…
Oil markets have been affected by financial market challenges, inflation, and the war in Ukraine. Nevertheless, Arab Gulf countries remain resolutely optimistic, evidenced by new refinery and storage plans being…
Unlike many other countries around the world, the U.S. has kept its nuclear power up and running, making it the biggest producer of nuclear power today. Nevertheless, after falling out…
Discussions around Sri Lanka’s energy crisis may have died down since reports of a major financial crisis in the Asian country circulated last summer, but Sri Lanka is still a…
In November of last year, some of the greatest minds and biggest influencers in the global energy sector gathered in Sharm el Sheikh, Egypt for the 27th annual Conference of…