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Energy / Energy-General

SEC Focused on Asset Retirement Obligations

Dec 06, 2023 at 14:42 | Dwayne Purvis

The Securities and Exchange Commission (SEC) considers carefully what it says in public, so when its senior petroleum engineer makes a rare appearance in Houston to talk with…

What's Holding BackThe Battery Storage Boom In Europe?

Dec 06, 2023 at 12:20 | Rystad Energy

Battery energy storage systems (BESS) are playing an increasingly pivotal role in global energy systems, helping improve grid reliability and flexibility by managing the intermittency of renewable energy. But uncertainty…

Hydrogen in the Limelight at COP28

Dec 06, 2023 at 07:58 | Alan Mammoser

The UN’s COP28 climate talks, a mega-conference running for two weeks, are organized around daily themes. The fifth day on Tuesday focused on energy and brought out much high-level discussion…

Airlines Come Under Fire for Misleading Sustainability Ads

Dec 06, 2023 at 05:55 | City A.M

Adverts for Air France, Lufthansa and Etihad have been banned for giving consumers a misleading impression of the airlines’ environmental credentials. The Google ads, all seen in July, stated that…

The World’s Safest and Deadliest Sources of Energy

Dec 06, 2023 at 05:45 | ZeroHedge

Recent conversations about climate change, emissions, and health have put a spotlight on the world’s energy sources. As of 2021, nearly 90% of global…

Saudi Arabia Cuts the Price of Its Flagship Crude for Asian Buyers

Dec 06, 2023 at 02:21 | Charles Kennedy

On Tuesday, Saudi Arabia reduced the official selling price of its flagship Arab Light for Asian buyers in January. This is the first price reduction for the last seven months,…

Europe’s EV Boom Faces Grid Challenges

Dec 05, 2023 at 11:59 | Tsvetana Paraskova

Burdensome permitting processes and the need for extra grid connections and power capacity are slowing down the installation of EV charging stations across Europe, threatening the EU’s ambition to rely…

Price Cap Has Fallen Short of Its Potential Despite Costing Russia $36 Billion

Dec 05, 2023 at 09:45 | Charles Kennedy

A year after the G7 price cap on Russian crude oil was introduced, the measure has managed to curtail some of Moscow’s export revenues but has “failed to live up…

New Technology May Reduce Battery Fires

Dec 05, 2023 at 09:30 | Brian Westenhaus

University of Maryland researchers studying how lithium batteries fail have developed a new technology that could enable next-generation electric vehicles (EVs) and other devices that are less prone to…

Demand Concerns Dominate Oil Markets Despite OPEC+ Cuts

Dec 05, 2023 at 08:55 | Michael Kern

Macroeconomic factors continue to weigh on oil prices this week, despite the insistence of OPEC+ members that the group's production cuts will tighten the oil market.

What Peak Demand for Fossil Fuels Will Look Like

Dec 05, 2023 at 07:03 | Haley Zaremba

“We are on track to see all fossil fuels peak before 2030.” That’s according to The International Energy Agency’s new World Energy Outlook 2023

Al Jaber Says Fossil Fuel Phase Out is 'Inevitable'

Dec 04, 2023 at 11:30 | Alan Mammoser

Dr. Sultan Al Jaber, whose appointment as president of the UN’s COP28 climate summit has caused controversy, defended his commitment “to keep 1.5 within reach.” “We fully understand the urgency…

Is This The Technical Limit for Refilling the Strategic Petroleum Reserve?

Dec 04, 2023 at 10:46 | Charles Kennedy

With oil prices continuing to extend declines, dropping 2% last week and continuing to fall on Monday, the prime time for the U.S. refill the Strategic Petroleum Reserve (SPR) is…

How China And The U.S. Were Both Key To OPEC+’s Bearish Oil Supply Cuts

Dec 04, 2023 at 09:56 | Simon Watkins

After long delays, last week saw OPEC+ announce oil production cuts way below what many oil traders had been expecting, causing the benchmark Brent oil price to drop…

Rystad: Coal Usage and Emissions in the Global Power Sector to Peak in 2023

Dec 04, 2023 at 09:32 | Rystad Energy

Global coal-fired power generation is on track to peak in 2023 as new sources of renewable and low-carbon energy expand rapidly. Coal has dominated the global power sector for the…

Is A New Oil Price War Looming?

Dec 04, 2023 at 09:11 | Tsvetana Paraskova

U.S. crude oil production broke another record in September, putting additional pressure on the OPEC+ group, which looks to keep oil prices above $80 per barrel…

The Minerals That China, the EU, and the US Deem Critical to National Security

Dec 04, 2023 at 09:01 | ZeroHedge

Governments formulate lists of critical minerals according to their industrial requirements and strategic evaluations of supply risks. Over the last decade, minerals like nickel, copper, and lithium have been on…

Why Diesel Usually Costs More Than Gasoline

Dec 04, 2023 at 08:36 | Robert Rapier

I recently took the plunge and registered on TikTok. I hadn’t thought it would be worth my time, because my impression had been that younger people didn’t care…

Who Will Win the Bidding War for CrownRock?

Dec 04, 2023 at 02:58 | David Messler

In October I published an Oilprice article detailing one of the key drivers for the relentless Merger and Acquisition (M&A), activity occurring within the Upstream Exploration and Production (E&P)…

Why Utilities Might Be the Best Buying Opportunity Right Now

Dec 01, 2023 at 18:04 | Alex Kimani

With the overall market enjoying a bit of a rally as inflation eases and the Federal Reserve indicating a less hawkish stance, the New Year could be a prime time…

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