Michael Kern

Latest articles from Michael

• Oil Pipeline Explosion Kills 3 In Iran

  Published 06 July 2021 | viewed 1,454 times

  Iranian media report that an explosion that started at a pump house in the country’s southwest tore through oil and gas pipelines, killing three people…

• Oil Markets Dip On OPEC+ Discord

  Published 02 July 2021 | viewed 12,692 times

  There was some unexpected 11th-hour drama in the OPEC+ meeting, with the members deciding to delay a decision due to disagreements between some nations.Friday, July…

• Uber Cashes In On DiDi’s IPO

  Published 01 July 2021 | viewed 1,213 times

  The ride-sharing race is heating up as Chinese major ride-sharing company Didi, also known as the “Uber of China” and an actual Uber partner, debuted…

• UK To End Coal Power A Year Earlier Than Planned

  Published 30 June 2021 | viewed 1,873 times

  The UK is bringing forward its target to end coal use in electricity generation by one year, to October 2024 as part of its aim…

• Nigeria Prepares To Reveal New Oil Bill 20 Years In The Making

  Published 29 June 2021 | viewed 1,551 times

  Nigeria’s Senate is expected to see on Tuesday the presentation of the country’s petroleum industry bill, a new regulation on the oil industry that has…

• U.S.-Controlled Oilfield In Syria Attacked By Rockets

  Published 29 June 2021 | viewed 3,244 times

  A key oilfield near a U.S. military base in Syria’s Deir Ezzor region came under rocket attack on Monday, hours after the U.S. military said…

• China Launches A Crude Oil Options Contract For Foreign Traders

  Published 21 June 2021 | viewed 1,983 times

  The Shanghai International Energy Exchange (INE) launched on Monday a crude oil options contract open to foreign traders as part of a plan to boost…

• LNG Emissions Are On The Rise In Africa

  Published 15 June 2021 | viewed 1,297 times

  The biggest oil and gas corporations must do more to reduce their emissions from assets in Africa, with moves to address gas flaring and to…

• Supreme Court Tosses Big Oil Appeal To Move Climate Lawsuit To Federal Court

  Published 14 June 2021 | viewed 1,913 times

  The U.S. Supreme Court has tossed the appeal of five international oil giants to have the lawsuits against them filed by San Francisco and Oakland…

• Used Car And Truck Prices Are Fueling A Dramatic Rise In Inflation

  Published 13 June 2021 | viewed 9,266 times

  Wall Street stocks and most financial markets have simply shrugged off news that inflation levels have accelerated to the fastest pace in more than decade.…

• IEA Tells OPEC To “Open The Taps”

  Published 11 June 2021 | viewed 28,148 times

  Oil prices climbed on Friday as the IEA boosted optimism about global oil demand recovery.Friday, June 11th, 2021Oil prices showed modest gains on Friday, after…

• Will Iraq’s $40 Billion Bet On Nuclear Power Solve Its Energy Crisis?

  Published 08 June 2021 | viewed 1,709 times

  Iraq is in the process of developing a US$40-billion plan to build nuclear reactors as OPEC’s second-largest producer looks to end continual power outages amid…

• What’s More Probable? $100 Oil Or $500,000 Bitcoin

  Published 25 May 2021 | viewed 13,076 times

  This is the age of wild predictions, for both commodities and cryptocurrencies, but with oil, at least here are some fundamentals to go by.  For…

• New Mexico Proposes Tougher Emission Rules For Oil & Gas

  Published 07 May 2021 | viewed 1,767 times

  Oil and gas companies in New Mexico may be in for a rude awakening, with a new law that would disallow any oil and gas…

• Oil Prices Pull Back After A Big Week

  Published 30 April 2021 | viewed 5,521 times

  It was a big week for oil markets as demand optimism sent oil prices beyond $65 and oil majors reported promising earnings, but prices pulled…

• Bullish Oil News Offset By New Lockdowns In India

  Published 23 April 2021 | viewed 5,282 times

  Oil demand is finally bouncing back but a new COVID spike in India could threaten the rebound.For more great energy content, make sure you subscribe…

• Texas Freeze Led To 10.6% Higher Natural Gas Withdrawals  

  Published 16 April 2021 | viewed 1,881 times

  Due to the winter storms in February, net natural gas withdrawals from storage this heating season exceeded the five-year average by 10.6 percent, the Energy…

• Russia Begins Black Sea Drilling As Tensions Rise With Ukraine

  Published 14 April 2021 | viewed 2,695 times

  Russia’s Navy began drills in the Black Sea on Wednesday amid growing tensions with Ukraine and ahead of the expected arrival of two U.S. warships…

• Record High Fuel Prices Hurt India’s Oil Demand

  Published 14 March 2021 | viewed 17,095 times

  Record-high gasoline and diesel prices stalled India’s fuel demand recovery in February, with oil consumption down by 5 percent to its lowest level since September…

• Iran To Receive $1 Billion In Oil Funds Previously Blocked By Sanctions

  Published 23 February 2021 | viewed 2,153 times

  Iran said on Tuesday that South Korea had started to release the first US$1 billion of the US$7 billion Iranian oil funds blocked in Korean…