Russia’s Energy Minister Alexander Novak (L) and his counterparts from Saudi Arabia Prince Abdulaziz … [+] AFP via Getty Images After several years of relative stability in global crude oil markets, speculation is rising that strategic shifts […]
The Greek navy’s bid to stop ship-to-ship (STS) transfers of Russian oil off Kalamata has worked, albeit in the constant game of tanker whack-a-mole some of these operations have merely transferred some 300 km east […]
Daily Standup Top Stories Oil, Natural Gas, and Coal Dominate U.S. Rail Freight September 30, 2024 Mariel Alumit U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, […]
Russia’s Novak believes oil prices have already incorporated the geopolitical premium from Middle East tensions. Oil prices had spiked early on Monday morning after a weekend of significant escalation of conflict in the Middle East. […]
China’s economic woes and property crisis have been weighing on global oil demand consumption and growth expectations this year. Despite some renewed optimism in the wake of the Fed’s jumbo cut, concerns about China aren’t […]
The US Bureau of Land Management (BLM) received only four bids on two parcels during its Sept. 25 lease sale in Wyoming, leaving industry leaders concerned about the future of drilling on public lands there. […]
U.S. rail freight transported nearly 1.8 million metric tons of materials in 2023, with energy products, including coal, oil, and natural gas, being the most common. Rail stands out for its safety record and sustainability, […]
Weekly Daily Standup Top Stories Georgia’s Clean Energy Outpaces Fossil Fuels with New Nuclear Boost September 22, 2024 Stu Turley For the first time ever, the U.S. state of Georgia has more clean power than hydrocarbon […]
2024 will be the first year since 1958 that the Bureau of Ocean Energy Management held no offshore oil and gas lease sales. This year will be the first year since 1958 that the Bureau […]
Gov. Newsom signed laws further restricting oil and gas facilities in Calif., aiming to close wells, penalize idle sites, and push California toward ‘green’ energy. Gov. Gavin Newsom (D) traveled to Baldwin Hills to sign […]
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