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HomeUncategorized

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OPEC
Uncategorized

Iraq oil minister says OPEC committed to production quotas through end-2023

December 5, 2022 Clark Savage

OPEC will maintain its production quotas, as planned, through the end of 2023, Iraq oil minister Hayan Abdul-Ghani said Dec. 3, a day ahead of the bloc’s much anticipated meeting, with its allies to review […]

Russia
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Russia will not export oil subject to Western cap, says Putin energy point man

December 5, 2022 Clark Savage

Russia, the world’s second largest oil exporter, will not sell oil that is subject to a Western price cap even if it has to cut production, President Vladimir Putin’s point man on energy said. The […]

Amazon
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Amazon announces 300 MW wind-solar hybrid projects in India

December 1, 2022 Clark Savage

The two projects will be located in Madhya Pradesh and Karnataka New Delhi:Amazonon Thursday announced its first wind-solar hybrid projects in India withVibrant Energy, a subsidiary of Macquarie’s Green Investment Group. According to the official […]

Elon Musk
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Elon Musk says the Fed must cut rates ‘immediately’ to stop a severe recession

November 30, 2022 Clark Savage

Elon Musk thinks a recession is coming and worries the Federal Reserve’s attempts to bring down inflation could make it worse. In a tweet early Wednesday, the Tesla CEO and Twitter owner called on the […]

Europe
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Europe Still Can’t Quit Russian LNG

November 22, 2022 Clark Savage

As Europe edges nearer to its 5th December cut-off date for Russian oil imports, it is still finding it hard to wean itself off all Russian energy. Reliance on Russia’s gas is proving more of an […]

Asia
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Asia’s appetite for African crude slows as Ukraine conflict redraws trade flows

November 8, 2022 Clark Savage

Asia may end the year 2022 with a sharp drop in crude inflows from Africa as relatively higher freight rates, a wider Brent-Dubai spread and increased competition from European refiners looking for alternatives to Russian […]

Windfall Taxes
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Another Country Burdens Oil And Gas Companies With Windfall Taxes

November 7, 2022 Clark Savage

The Czech Republic is the latest country to levy windfall taxes on energy companies to scrape together funds to continue subsidizing high energy costs, Bloomberg reported on Friday. Czech lawmakers approved Finance Minister Zbynek Stanjura’s […]

No Picture
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Drive Optimal Returns and Increase Confidence in Critical Investment Decisions

September 28, 2022 Stu Turley

Fast, easy proprietary and Enverus data integration in PRISM now available If you’re relying solely on internal proprietary data to make critical decisions, you’re missing out on the opportunity to drive better business outcomes. Comparing proprietary […]

Ukraine
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Ukraine Advance — Turning Point or False Dawn?

September 28, 2022 Stu Turley

Ukraine’s extraordinary military success in rolling back the Russian occupation around Kharkiv in early September has raised hopes that Kiev may be on the cusp of a broader victory that would see Russian troops ejected […]

mobile gas turbines
Energy Crisis

Switzerland buys mobile gas turbines as energy backup for winter – But do they have the gas?

September 4, 2022 Stu Turley

The procurement is the first contract signed under the governing Federal Council’s recent agreement to provide for back-up power plants. This measure will supplement the country’s hydropower reserves, which can be used in a targeted […]

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