Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
India’s coal minister has declared that the country has no intention of ditching coal from its energy mix any time soon. Addressing a parliamentary committee,…
A global oil shortage and high fuel prices has triggered calls from President Joe Biden’s administration for U.S. shale producers to spend more…
Demand for LNG floating storage and regasification units (LNG-FSRUs) has increased sharply this year, with Europe facing an energy supply squeeze as Russia has progressively…
We are deep into the earnings season with more than half of S&P 500 companies having returned their Q3 2022 scorecards. According to FactSet Earnings…
Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers of energy commodities to protect themselves against…
An article published on the blog of international Arabic news television channel Al Arabiya on Thursday claims that an Iran state-linked Telegram channel has posted…
Shell Plc’s (NYSE: SHEL) flagship LNG trading division reported a loss of nearly $1B, sources have revealed to Reuters. The loss is attributed to serious…
Central banks globally have been accumulating gold reserves at a furious pace last seen 55 years ago when the U.S. dollar was still backed by…
This year, the United States became the world's biggest liquefied natural gas (LNG) exporter as deliveries to energy-starved buyers in Europe and Asia surged.…
British oil and gas supermajor BP Plc.(NYSE: BP) has announced plans to buy back $2.5 billion in shares after an impressive third quarter. BP delivered…
U.S. President Joe Biden has announced plans to shell out $13.5 billion to help reduce energy costs for low- and moderate-income households. “The vice president…
Breaking news: the much-touted commodity market boom is officially over. Metals, energy, and agriculture prices have all tumbled from their March peak as inflationary pressure,…
The United States is currently grappling with elevated commodity prices including high fuel and food prices. Although gasoline prices have fallen off significantly from their…
After an initial bump following OPEC’s announcement that it will cut production by 2 million barrels per day, oil prices have fallen sharply due to…
Saudi Arabia’s national oil company Saudi Aramco has launched a $1.5 billion Sustainability Fund that will invest in technology supporting a “stable and inclusive” energy…
U.S. oil and gas major Exxon Mobil (NYSE: XOM) has announced on Wednesday that it has made two more discoveries at the Sailfin-1 and Yarrow-1…
The World Bank has predicted that energy prices will decline by 11% in 2023 after having surged 60% in the current year following Russia's invasion…
Whereas supplies of Russian pipeline gas--the bulk of Europe’s gas imports before the Ukraine war--are down to a trickle, Europe has been hungrily scooping up…
Oil stocks have continued to show a clear disconnect from the commodity they track, with oil equities staging a powerful rally even as oil prices…
Norway’s Prime Minister Jonas Gahr Støre has invited the navies of NATO allies Britain, France and Germany to help address more drone sightings over key…