Ever since China gave Saudi Crown Prince Mohammed bin Salman (MbS) the opportunity to save face after his many unsuccessful attempts to float Saudi Aramco in what was…
Many oil majors and several governments around the world are betting big on the future of green hydrogen, viewing it as a major new replacement for fossil fuels.…
American Founding Father Benjamin Franklin once said that “experience is an expensive school but fools will learn in no other.” Germany’s green energy policy, launched in the year 2000, could…
Copper prices have long been considered a major indicator of global economic health. So when they plunged to 16-month lows on June 23, investors quickly hit the “panic…
High hopes had been placed on the indirect talks set to be held in Qatar starting Tuesday between Iran and the United States, which involved the European Union…
China will provide subsidies to its oil refiners if international oil prices jump to over $130 per barrel as the world’s largest crude oil importer looks to ensure fuel supply…
Oil prices climbed higher today after the U.S. Energy Information Administration reported a crude oil inventory draw of 2.8 million barrels for the week to June 24. A day…
The past few weeks have been a disaster for oil bulls after energy stocks posted their worst performance since the start of the pandemic
Global spare capacity is running very low, which will keep oil and gas markets on edge for some time, according to the chief executive of supermajor Shell. “Spare capacity is…
Global oil markets are going to be very volatile in the coming months if news emerging from OPEC’s main producers about production capacity constraints turns out to be…
A Russian politician and former regional military commander has suggested that Europe will "totally croak" if Russia militarily targets Europe's biggest oil hub in the Netherlands.
The era of casually disposing of water of any type is coming to an end. Water resources, particularly "fresh" water, are moving up the value chain. A resource…
Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico in little…
In addition to thousands of deaths and the destruction of crucial infrastructure, another, more invisible, crisis tied to Russia’s invasion could haunt Ukraine for years: environmental damage. From shelled chemical…
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Leftist candidate Senator Gustavo Petro emerged victorious from Colombia’s June presidential run-off as the strife-torn country’s president elect. On 7 August 2022 Petro…
Australia is experiencing an energy crisis despite its reputation as a top gas exporter, as regulators struggle to deliver electricity. A combination of challenges has led to severe…
Global primary energy demand jumped by 5.8 percent last year and exceeded the pre-pandemic levels of 2019 by 1.3 percent, BP said in its annual Statistical Review of World…
The number of completed wells at OPEC producers dipped by 280 compared to 2020 and stood at 1,588 wells completed in 2021. This was the lowest number of well completions…
The UAE and Saudi Arabia's oil production is nearing their limit, French President Emmanuel Macron told his U.S. counterpart during the G7 meeting this week. The French president was referring…