Some regulations are good for the energy industry and have saved lives, property, and the environment. But when a regulatory body makes executive-level decisions unchecked that is when the question of being overly powerful comes […]
Western nations made a mistake by imposing energy sanctions on Russia, and if they persist with further restrictions it will be a catastrophe for global markets, said President Vladimir Putin. “Sanctions restrictions on Russia cause […]
A handful of shipowners still willing to transport Russian crude are reaping big rewards on at least one route as others shun the trade. Shippers can earn around $1.6 million hauling Russian ESPO oil on […]
Oil prices have fallen by more than 20% since March. Gasoline prices, however, have not reflected the drop. The ongoing pain at the pump will likely continue. Recession fears took hold of oil markets this […]
To get Platts OPEC+ survey sooner, join Platts Dimensions Pro. OPEC and its Russia-led allies hiked crude oil production by 390,000 b/d in June, according to the latest Platts survey by S&P Global Commodity Insights, though […]
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by one vessel from last week, while the Henry Hub spot price decreased to a monthly average. In the latest Short-Term […]
An explosion at a giant oilfield in Kazakhstan, the country’s largest, killed on Thursday two workers and left at least three others wounded, local reports say. The blast at the Tengiz oilfield occurred during a test […]
Amazon is pushing for a new brand of carbon credits it hopes will instill more public confidence in the carbon offset it knows will be necessary to reach its 2040 net-zero goal, according to a […]
The Electric Reliability Council of Texas on July 7 forecast record peakloads July 8-12, as a heat wave persists across the Lone Star State, which may coincide with declining wind output, boosting wholesale power prices […]
In his speech, Chandrasekaran said that Tata Power is looking to scale its generation capacity to over 30 GW by FY’27 from current 13.5 GW with an increased clean energy portfolio from current levels of […]
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