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(The Economist)
As less generously endowed rivals fall by the wayside, Aramco’s market share would, in other words, be almost certain to rise wi… Read More
For lots of of thousands and thousands of years, oil has been accumulating in reservoirs deep beneath our toes, constructed over the eons from the stays of animals and vegetation that sank… Read More
Oil set for weekly loss ahead of OPEC+ meeting
By Nicole Jao
NEW YORK (Reuters) -Oil prices fell on Friday and were set for a weekly loss as investors awaited an OPEC+ meeting on Sunday that… Read More
What is OPEC+ and how does it affect oil prices?
DUBAI (Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as… Read More
Xiaomi enters the electric vehicle market with its debut EV models, receiving over 50,000 orders within 27 minutes of sales.
The company aims to leverage its existing customer base and share… Read More
Analysis – Europe’s gas stocks point to healthy supply next winter
By Susanna Twidale, Marwa Rashad and Nina Chestney
LONDON (Reuters) – The European Union will have plen… Read More
As the global energy sector moves towards a greener future, hydrogen is increasingly recognized for its potential to play a pivotal role in the clean energy transition. With the demand for g… Read More
Oil nudges higher after OPEC+ extends output cuts
Telegram FX Signals (Reuters) -Oil prices nudged higher on Monday after OPEC+ members agreed to extend voluntary oil output cuts to the end… Read More
Key Highlights:
In 2020, global oil demand plummeted by 8.6 million barrels per day (mb/d), marking the most substantial annual decrease ever recorded, as reported by the International En… Read More
9 Factors Driving Energy Markets In 2024 Authored by Rystad Energy via OilPrice.com, Political changes in over 70 countries will impact oil markets and renewable energy policies. Natural gas… Read More
The powerful earthquake that hit Japan's western coast on New Year's Day has underscored the country's exposure to natural disasters, casting fresh doubt over a push to bring its nuclear cap… Read More
Cocoa and iron ore performed positively for investors, however, with the former rising to a multi-decade high of 72% following difficulties along the supply chain. Iron also rose approximate… Read More
Oil financial backers will introduce 2024 with chewing worries about oversupply, easing back monetary development and stewing Center East pressure that could ignite cost unpredictability… Read More
The Organisation of Petroleum Exporting Countries, OPEC and non-OPEC Ministerial Meeting, ONOMM, has put Nigeria’s oil output at 1.5 million barrels per day, bpd, for purpose of quota… Read More
With the start of the 28th annual United Nations climate summit, COP28, just two weeks away, a battle is brewing over the role of fossil fuels as nations try to stem the tide of climate cha… Read More
Perspectiva ca UE să primească o cantitate mai mare de gaze naturale lichefiate (GNL) din Egipt pe termen scurt şi mediu pare de nerealizat, din cauza bilanţurilor str… Read More
The Egyptian Cabinet said on Sunday in a statement that Egypt’s imports of natural gas fell to zero from 800 million cubic feet per day, which increased the pace of power outages.
The… Read More
Energy investors have another sector-defining deal to absorb.
This week, California-based supermajor Chevron announced its biggest merger and acquisition in its history. The California-based… Read More
Asia’s hydropower output fell 17.9% in the course of the seven months via July (Representational)
Singapore:
Hydropower technology in Asia has plunged on the quickest fee in many… Read More
The White House might have accused Exxon Mobil (XOM.N) at high energy costs negatively affecting purchasers, yet would battle to upset the top U.S. oil maker’s pondered $60 billion obt… Read More
Life and business in the EU
Comment/Error Report required. The productivity of the resources, the relative supply of particular resources, and the ownership of the resources will determine t… Read More
A view of Chevron-operated Gorgon project on Barrow Island, Australia, as seen in this undated handout image obtained by Reuters on September 8, 2023. Chevron/Handout via REUTERS/F… Read More
(Bloomberg) — When crude surges above $90 a barrel and the leaders of Saudi Arabia and Russia get on the phone to congratulate each other on a job well done, oil consumers should take… Read More
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CAIRO — When Russia invaded Ukraine last year, and European demand for natural gas skyrocketed, Egypt saw an opportunity. Riding high on the d… Read More
When Russia cut off Europe’s gas supply following the invasion of Ukraine, it exposed the vulnerable underbelly of a continent largely reliant on imported energy.
To be fair, t… Read More
A LNG (Liquefied Natural Gas) tanker is anchored off a port in Yokohama, south of Tokyo December 5, 2012. REUTERS/Yuriko Nakao/File Photo Acquire Licensing Rights
SINGAPORE, Aug 22… Read More
The charging capacity of big batteries in Australia’s main grid has surpassed that of pumped hydro, according to data from Rystad Energy analyst David Dixon. The operational charging c… Read More
Welcome to Carbon Brief’s China Briefing.Carbon Brief handpicks and explains the most important climate and energy stories from China over the past fortnight.
KERRY IN BEIJING: The c… Read More
In the Pacific Northwest, residents are cranking up the air conditioning sooner than ever before and paying more to do it, according to data from the National Energy Assistance Direc… Read More
by John Konrad (gCaptain) This afternoon at the Marine Money Week conference in New York, Mike McCormick, principal at Rystad Energy, offered valuable insights on the trends shaping the offs… Read More
Buyers will begin the week nervously sorting via the aftermath of a short-lived revolt by the mercenary Wagner Group that’s seen leaving Russian President Vladimir Putin weakened.
&ld… Read More