The Taliban government of Afghanistan is seeking to break loose from its isolation on the world stage, with a little help from Communist China, of all countries. For the first time since the Taliban seized […]
The world’s demand for oil, gas and coal will begin to decline this decade in “the beginning of the end” of the fossil fuel era, according to the global energy watchdog. The International Energy Agency (IEA) has […]
World oil demand remains on track to grow by 2.2 mb/d in 2023 to 101.8 mb/d, led by resurgent Chinese consumption, jet fuel and petrochemical feedstocks. In 2024, naphtha and LPG/ethane, especially in China, will […]
A former top state oil regulator filed a lawsuit this week alleging he was effectively fired by the Newsom administration for objecting to orders in January that he implement a law that was about to […]
The U.S. and Saudi Arabia are in talks to secure metals in Africa needed for both countries’ energy transitions, as the White House tries to curb China’s dominance in the electric-vehicle supply chain and the kingdom looks […]
Last week, Brent crude topped $90 per barrel for the first time since last November, and WTI climbed to an 11-month high, too. The reason: Saudi Arabia and Russia said they would extend their oil […]
September 13, 2023 Data source: U.S. Energy Information Administration, Petroleum Supply Monthly U.S. ethane production reached a new monthly record of 2.7 million barrels per day (b/d) in April 2023, continuing the upward trend that […]
EconomyBusiness and Economy BP chief executive Bernard Looney has resigned after admitting to not being “fully transparent” about past relationships with colleagues, the British energy giant has said. Looney’s resignation follows recent allegations of personal […]
Authored by David Craig via The Daily Sceptic, The Government’s plans to force Britain to achieve ‘Net Zero’ CO2 emissions by 2050 seem to be falling apart. Few people seem interested in buying expensive, range-limited […]
Authored by Mark Gilman via The Epoch Times (emphasis ours), With the average 30-year fixed mortgage interest rate now over 7 percent and a shockingly low inventory of homes available, Americans are looking for second […]
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