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Energy / Energy-General

WTI Oil Jumps Above $80 As China Scraps Covid Restrictions

Dec 27, 2022 at 01:51 | Tsvetana Paraskova

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…

Can Venezuela Meet Its 2023 Oil Production Targets?

Dec 26, 2022 at 09:58 | The Dialogue

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…

The Offshore Drilling Market Is Booming Again

Dec 26, 2022 at 09:26 | Alex Kimani

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…

Three Power Substations Attacked In Washington State On Christmas Day

Dec 26, 2022 at 09:04 | ZeroHedge

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…

The Top Energy Stories Of 2022

Dec 26, 2022 at 08:50 | Robert Rapier

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…

Huge U.S. Winter Storm Threatens To Tighten LNG Market

Dec 26, 2022 at 08:33 | Alex Kimani

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…

Russia Says Europe Will Struggle To Replace Its Oil Products

Dec 26, 2022 at 04:15 | Tsvetana Paraskova

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…

What To Expect In 2023

Dec 23, 2022 at 09:20 | Editorial Dept

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…

The Race To Develop Hydrogen Storage

Dec 23, 2022 at 03:02 | Felicity Bradstock

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…

Oil Prices Climb Despite Fears Of An Economic Slowdown

Dec 23, 2022 at 02:46 | Michael Kern

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…

Oil Traders Fear Further Interest Rate Hikes

Dec 23, 2022 at 01:58 | Editorial Dept

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…

How Europe's Natural Gas Price Cap Could Backfire

Dec 23, 2022 at 01:42 | Editorial Dept

1. Europe’s Gas Price Cap Might Backfire Soon- Members of the European Union…

Secret Talks, China’s Covid Crisis, And Biden’s SPR Buyback Wrap Up A Wild Year

Dec 22, 2022 at 10:16 | Editorial Dept

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…

Destroyed Ukrainian Energy Grids Impact Steel Production

Dec 22, 2022 at 09:38 | Ag Metal Miner

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…

China’s Fast And Deadly Road To Covid Recovery

Dec 22, 2022 at 09:23 | Josh Owens

In December 2021, the International Energy Forum (IEF) warned of price shocks, scarcity, and growing energy poverty due to two years of “large…

One Of The Biggest Challenges With Lithium Ion Batteries

Dec 22, 2022 at 09:04 | Brian Westenhaus

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.…

Deflating The Bubble: Tesla’s Market Cap Is Silently Imploding

Dec 22, 2022 at 08:51 | ZeroHedge

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…

Commercial Nuclear Fusion May Still Be Decades Away

Dec 22, 2022 at 08:44 | ZeroHedge

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…

Oil Prices Climb Higher As The U.S. Braces For A Winter Storm

Dec 22, 2022 at 02:36 | Irina Slav

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…

Upside Risks For Oil Are Growing

Dec 21, 2022 at 07:52 | Tsvetana Paraskova

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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