As part of a policy…
Venezuela is planning on oil…
The U.S. benchmark oil price rose on Monday evening and early on Tuesday to above $80 per barrel after China announced on Monday a major easing of its Covid travel…
Q. Venezuela is planning on oil to finance 63 percent of its budget for 2023, a figure slightly higher than this year’s, Reuters reported Dec. 5. The stronger reliance on…
Demand for offshore rigs for overseas drilling has soared this year even as U.S. oil-rig growth has plateaued. According to Baker Hughes, there…
Increased sabotage incidents on the US power grid are very concerning. On Christmas Day, three substation facilities were vandalized in Pierce County, Washington, plunging thousands of customers into…
Often one event will impact the energy sector in multiple ways. In 2020 it was the emergence and subsequent consequences of the COVID-19 pandemic that had a cascading…
The gigantic deadly winter storm sweeping through the United States could disrupt global supply from one of the top liquefied natural gas (LNG) exporters, tightening a market that’s seen wild…
Europe will find it difficult to replace Russian crude oil and product supply once the full effect of the EU embargoes on Russian petroleum products is felt, according to Russian…
I suppose we all have our little conceits, the things we tell ourselves about who we are or what we do that make us feel better about ourselves. In my…
Around the globe, energy companies and governments are racing to develop their hydrogen storage capacity in an attempt to boost their energy security and reduce their reliance on…
A larger-than-expected inventory draw and a major winter storm in the U.S. this week pushed oil prices higher, although fears of further monetary tightening have limited the rally.Oilprice…
U.S. February West Texas Intermediate crude oil futures surged early on Thursday. The rally was fueled by tight U.S. supplies including crude, heating oil, and jet fuel stocks. However, gains…
1. Europe’s Gas Price Cap Might Backfire Soon- Members of the European Union…
Politics, Geopolitics & Conflict Evidence, most of it anecdotal, that China’s struggle with Covid has taken a turn for the worse is mounting, weighing on oil prices and global fears…
Steel production in Ukraine took a hit this past week due to the ongoing conflict with Russia. Industry watchers told MetalMiner that several Ukrainian steelmakers are facing production…
In December 2021, the International Energy Forum (IEF) warned of price shocks, scarcity, and growing energy poverty due to two years of “large…
DOE/SLAC National Accelerator Laboratory researchers reported a polymer-based electrolyte makes for batteries that keep working – and don’t catch fire – when heated to over 140° F.…
Tesla’s year went from bad to worse on Tuesday, when the company’s battered share price dropped another 8 percent, bringing it down to a new 52-week low. Still…
U.S. scientists at the National Ignition Facility, part of the Lawrence Livermore National Laboratory (LLNL), announced a major breakthrough in nuclear fusion last week. For…
Crude oil prices were rising for the fourth day in a row today, pushed higher by colder weather in the United States in what has been described as a once-in-a-generation…
Recession fears have left oil prices lingering at a one-year-low with slim trades ahead of the holidays, but the upside momentum for oil prices next year may have…
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