G7 agrees to explore cap on Russian oil price Macron tells Biden that UAE, Saudi can barely raise oil output Political unrest in Ecuador, Libya could further tighten supply Delayed U.S. weekly oil data to […]
One benefit of hosting a podcast is visiting with industry experts in all facets of the energy space. Today is no exception as I sit down with Chris Atherton, CEO, EnergyNet the oil and gas […]
Crude oil futures were higher in mid-morning trade in Asia June 28, extending gains for a third day as supply disruptions overshadowed fears of a global recession, while OPEC spare capacity was reported to be […]
The U.K.’s largest capture carbon plant is now operational in Cheshire in Northwest England, the facility’s operator, Tata Chemicals Europe (TCE), announced in a press release. The first industrial-scale carbon capture facility in the U.K. was […]
The Fed’s decision to do a 75-point increase was like placing a bet in Vegas. The house always wins; in this case, the house is inflation. The Fed’s policies have been way behind the inflation […]
As investors are increasingly concerned about recessionary risks, Brent oil prices have bucked this trend, reflecting significant supply destruction in the wake of Russia’s invasion of Ukraine, BofA Global Research outlined in a new report […]
Major oil companies have taken different approaches to the 21st-century vision of searching for Carbon Net-Zero. Exxon, Chevron, Shell, BP, and TotalEnergies have all expressed that they are now “energy” companies and using their profits […]
Oil exports from the US Gulf Coast are set to hit an all-time high of 3.3 million barrels per day (bpd) in the second quarter of 2022, as refining capacity outages limit operators’ ability to […]
Exxon CEO Woods: consumers foot the bill of rushed energy transition. Exxon CEO: All new cars sold in the U.S. will be electric in 2040. Several years of low investment in supply have made energy […]
Saudi Arabia and Italy underscored on Monday their strategic relations and determination to further expand their economic partnership. Addressing the Saudi-Italian Investment Forum being in Riyadh, Saudi Finance Minister Mohammad al-Jadaan discussed the national economy […]
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