September 2024

UK North Sea Oil Lobby Warns of Investment Slump Due to Windfall Tax Increase

September 1, 2024 Stu Turley

Capital investment to fall to £2.3 billion in 2025-2029: OEUK Almost half of additional output would be uneconomic: OEUK The UK’s new tax regime for North Sea oil and gas could lead to an investment […]

Why Africa Is Missing Out on The Oil Boom

September 1, 2024 Stu Turley

Africa’s largest oil producers, like Nigeria and Libya, have struggled to capitalize on recent high oil prices. International oil companies have reduced investments in Africa’s traditional oil fields, focusing on offshore opportunities in regions like […]

House GOP Probes If Activist Scientist’s Flawed Study Led To Biden-Harris’ LNG Export Pause

October 5, 2024

The peer-reviewed study contradicts a wide body of scientific literature showing that liquefied natural gas is lower in emissions than coal. A study cited by supporters of the Biden-Harris administration’s pause on liquified natural […]

Week Recap : EV Sales Decline, China’s Oil Moves, and U.S. Port Strike Impact

October 5, 2024

Weekly Daily Standup Top Stories Electric Vehicle Sales Are Stumbling. Here’s Why September 29, 2024 Stu Turley With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its […]

US weekly LNG exports increase to 25 shipments

October 4, 2024

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 25 LNG vessels is 94 Bcf. This compares to 22 shipments and 83 Bcf in the week […]