Crude oil futures were mostly steady in mid-morning Asian trade July 5, consolidating strong gains from the previous day, as supply disruptions from Norway further added to existing supply woes. At 10:52 am Singapore time […]
Russia is expected to meet just 25% of EU gas demand this year, its lowest level in more than two decades, the International Energy Agency said July 5. In its latest quarterly gas market report, […]
President Joe Biden is heading to Saudi Arabia to talk about the global energy crisis. Despite saying that his upcoming visit is not about oil, Biden does acknowledge that he would like for the Gulf […]
The North Field East LNG project will expand Qatar’s LNG export capacity from the current 77 million tons per annum (mtpa) to 110 mtpa. A $28.75 billion investment, NFE is to start production before the end of […]
As the world watched, French President Emmanuel Macron explained the basics of supply and demand in oil markets to President Biden this week. Video of the encounter made it obvious: Energy experts need to begin loudly restating the basic truth […]
Graham Harle is chief executive of Gleeds The construction sector is in the midst of a perfect storm, with uncertainty in the wake of the pandemic compounded by the ongoing conflict in Ukraine. As inflation […]
The number of total active drilling rigs in the United States fell by 3 this week, according to new data from Baker Hughes published on Friday. The total rig count slid to 750 this week—275 […]
There is a glaring problem in the energy transition that not many people are acknowledging. It is being built on the back of finite resources, and the mining industry is already warning that there aren’t […]
The United States is calling on Saudi Arabia to increase oil production. Saudi Arabia has maintained its OPEC+ output agreement, refusing to ramp up production. The Kingdom is still maintaining close ties with Russia despite […]
China’s rare-earth conglomerate recently set up an international trade branch, in a move that experts say will promote industrial integration and protect strategic resource amid fierce competition among countries in the digital era. The newly-established […]
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