Energy News Beat Publishers Note (ENB): The current path is a long-term energy mix that will impact the less fortunate hardest. The current events of western oil companies not able to produce more, and with […]
For oil traders, the biggest question in the market is how fast OPEC and its allies will revive production later this year. Next week they may get some clues. When it meets on Tuesday, delegates […]
It was a stunning moment for Exxon Mobil Corp. and the wider corporate world: a tiny activist fund had succeeded in changing the company’s board. But in the hours leading up to this week’s annual shareholders meeting, Exxon went […]
Indonesia released on Friday an Iranian-flagged vessel it had seized four months ago over suspected illegal transfer of crude oil, the state-run Islamic Republic News Agency reported. MT Horse “was released after 125 days…and will return to […]
An Egypt court on Saturday adjourned a case on the container ship that blocked the Suez Canal to allow for more time to negotiate for a compensation. The court in Ismailia town postponed the hearing […]
The western United States, from Washington down and around to New Mexico, is facing the largest risks of blackouts in history. California was bad enough last year. As Malik, Baker and Chediak discuss in Bloomberg Green, “The specter of blackouts […]
After over a year of pandemic-driven volatility and weak oil demand, Saudi Arabia is now experiencing an oil export boom. Saudi Arabia’s oil exports increased in March by 75 percent year-on-year, at a value of […]
By taking unprecedented action that transforms how energy is produced, transported, and used, the world can eliminate net emissions of carbon dioxide by 2050, according to a report released today by the International Energy Agency (IEA). The […]
The economies are now reopening, thereby calling for more oil production since the commodity is a prime source of fossil fuel that is used for transportation and power. The rising demand for crude is reflected […]
The International Energy Agency, which has stepped up its efforts to become a major green energy supporter, appears to have forgotten the reason it was set up as an agency in the first place. In its […]
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