After initial success, Western energy sanctions are stalling out. Almost two and half years into Russia’s full-scale invasion of Ukraine, Moscow’s war machine still runs on energy revenues—despite unprecedented Western sanctions that took a bite […]
WASHINGTON, July 17 (Reuters) – A federal court in Alaska overturned on Tuesday night an oil and gas lease sale that had been mandated by the Biden administration’s signature climate law as part of a […]
It’s no secret that administrative agencies have significantly overstepped their statutory authority in recent decades. The Supreme Court’s recent Loper Bright ruling—marking the official demise of Chevron deference—is a necessary course correction that offers hope for a return to […]
New data from Vortexa shows VLCC utilisation for OPEC+ – excluding Iran and Venezuela – fell sharply during June and reached a record low earlier this month, as exports from the group, especially Saudi Arabia, […]
Daily Standup Top Stories Ex-Biden Lackey Tells CNBC: To Fix Inflation, Ditch Fossil Fuels And Boost Green Spending July 17, 2024 Andy Del Prado A former Biden official promoted spending billions more dollars on green energy […]
Crude oil prices went higher today, after the U.S. Energy Information Administration reported an inventory draw of 4.9 million barrels for the week to July 12. This was on top of the draw of 3.4 million barrels for the previous […]
Alongside surging production, Canada’s oil and gas exports jumped in the period 2002 to 2022. Canada saw a record-high oil production in 2023 amid expanding oil sands output. Combined, crude oil, NGLs, and natural gas […]
Sixteen crew are feared to have perished after a small tanker capsized off Oman on Monday. Search and rescue operations to find the 13 Indians and three Sri Lankans who were onboard the 7,056 dwt, […]
(WO) – Reuters has reported that ExxonMobil is planning a potential 30-well drilling campaign for its seventh oil and gas project offshore Guyana, named Hammerhead. Hammerhead aims to start production in 2029, boosting Guyana’s oil […]
Weekly Daily Standup Top Stories Labour Wins Landslide Victory in U.K. Snap Elections July 6, 2024 Mariel Alumit Keir Starmer promises to focus on public service as Britain’s new prime minister. Labour Takes Control The […]
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