Alex Kimani

Latest articles from Alex

• Iran Oil Exports Hit A 5-Year High

  Published 16 June 2023 | viewed 13,513 times

  Iranian crude exports exceeded 1.5 mb/d in May, the highest level since 2018 despite the country still being under U.S. sanctions. Last month Tehran said it…

• China Steps Up Game With 1st ‘Floating Oil Factory’ 

  Published 16 June 2023 | viewed 19,377 times

  China has delivered its first smart floating production storage and offloading (FPSO) with land-sea integrated operation system, marking a breakthrough in the country's application of the digital…

• Maintenance On Norway's Giant Gas Processing Plant Extended Till July

  Published 16 June 2023 | viewed 2,196 times

  A maintenance outage at Norway's Nyhamna gas processing plant will take at least a month longer than anticipated due to problems with the plant's cooling system, plant…

• China Bets On Ultra-Deepwater Oil And Gas

  Published 15 June 2023 | viewed 5,304 times

  The China National Petroleum Corporation (CNPC), the government-owned parent company of  PetroChina, and Cnooc (OTCPK: CEOHF) has kicked off ultra-deepwater exploratory drilling for oil and gas as the country looks…

• Is The ESG Investing Boom Already Over?

  Published 15 June 2023 | viewed 2,641 times

  Over the past decade, green and socially-responsible investments, aka ESG (Environmental, Social, and Governance) investing, have emerged as one of the biggest investment megatrends in…

• European Central Bank Hikes Rates To 22-year High

  Published 15 June 2023 | viewed 9,504 times

  The European Central Bank (ECB) has hiked interest rates by 25 basis points to 3.5%, the highest level in 22 years on Thursday. ECB did…

• U.S. Crude Trading At Big Discount To Dubai Oil

  Published 15 June 2023 | viewed 8,875 times

  Heavy trading in Dubai oil has lifted its premium to WTI crude to its highest since late March, a development that could make U.S. crude…

• Russia Pays Sakhalin Dividends In Yuan

  Published 15 June 2023 | viewed 8,496 times

  Russia has reportedly paid dividends from the Sakhalin 1 and 2 oil projects in Chinese yuan, a shift from its usual practice of paying in dollars,…

• IEA: Global Oil Demand Will Peak Before The End Of The Decade

  Published 14 June 2023 | viewed 5,563 times

  The Paris-based International Energy Agency (IEA) has predicted that global oil demand will peak before the end of the current decade as the transition to…

• 3 Freeport LNG Trains Back Online Amid Volatile Natural Gas Prices

  Published 13 June 2023 | viewed 4,641 times

  Ten months after its shutdown, Freeport LNG trains are back online for its Quintana Island, Texas, facility, enabling the restoration of deliveries to major companies…

• May Inflation Comes In Lower Than Expected

  Published 13 June 2023 | viewed 4,007 times

  U.S. consumer prices climbed a paltry 0.1% in the month of May, smaller than the 0.4% increase the previous month as falling fuel and electricity…

• The New Playbook For U.S. Shale: More For Shareholders, Less Output Growth

  Published 13 June 2023 | viewed 6,000 times

  The last two energy crises that threatened hundreds of energy companies with bankruptcy have rewritten the O&G playbook. At the height of the shale boom, …

• Drunk Russian Captain Crashes Oil Tanker

  Published 13 June 2023 | viewed 7,984 times

  Two oil tankers have collided in the Irkutsk region in Russia's thanks to a captain operating under the influence of alcohol, causing oil spillage into…

• Oil Soars Nearly 4% Ahead Of Fed Rate Decision

  Published 13 June 2023 | viewed 6,828 times

  The oil markets continue to be volatile and unpredictable, with WTI and Brent crude making significant gains on Tuesday’s morning session just a day after…

• U.S. Gasoline Prices Ripe For Volatility

  Published 12 June 2023 | viewed 12,566 times

  After a relentless month’s-long climb, U.S. national average gas prices have stabilized, with the current price of $3.594 for a gallon of regular unleaded gasoline…

• Pakistan Pays For Discounted Russian Oil In Yuan

  Published 12 June 2023 | viewed 10,188 times

  Pakistan’s petroleum minister Musadik Malik has revealed that his country paid for its first imports of discounted Russian crude in Chinese currency. According to Malik,…

• WTI Plunges 4% Ahead Of Fed Rate Decision

  Published 12 June 2023 | viewed 64,922 times

  Oil markets have kicked off the new week on a sour note with both Brent and WTI crude sliding over $3 per barrel after Goldman…

• 5 Solar Stocks For Long-Term Gains

  Published 11 June 2023 | viewed 3,113 times

  Over the past two years, solar manufacturers have been hampered by supply chain disruptions including increasing material costs for polysilicon. Indeed, last year, Rystad Energy…

• Mixed Data Keeping Oil Markets On Edge

  Published 10 June 2023 | viewed 7,331 times

  Oil markets have become highly volatile in the current week as traders try to make sense of a mix of both bullish and bearish drivers.…

• Whitewashed Urals Crude To Soften Russian Economy Contraction

  Published 08 June 2023 | viewed 8,299 times

  The World Bank has reported that Russia’s economy will contract a mere 0.2% in the current year, way less than last year’s 2.1% dip thanks…