Russia’s natural gas reserves will last for more than a century, Alexey Miller, chairman of the board of gas giant Gazprom, said on Friday. “Gas reserves in Russia, Gazprom’s gas reserves are the largest in the world. […]
This was the by-line in the Bloomberg article “Europe Faces Bleak Winter Energy Crisis Years in the Making” posted September 18, 2021. How did Europe get to the power crisis that “Just” appeared? Well, is it […]
Iran’s power market is bucking global trends and in the process revealing a key economic buffer that helps the country withstand international sanctions. While European electricity prices spiked over the last month, shutting down energy-intensive industries and […]
The energy crunch in Europe is sparking panic among Asian fuel buyers, causing importers from Japan to India to pay a hefty price for supplies. Worried the eye-watering price of natural gas in Europe will […]
Oil ended the session unchanged after choppy trading with traders focused on adjusting positions in U.S. crude options ahead of expiration. Futures in New York closed flat on Thursday after earlier declining as much as […]
Americans who rely on propane for heating are facing the most expensive winter in years as prices for the fuel jump to the highest since 2014. Propane prices have risen almost 60% so far this […]
Over the last decade, energy experts repeatedly assured policymakers around the world that increasing the use of renewables, while shutting down nuclear plants, would make energy supplies more secure, while lowering prices. To make their […]
Is US$200 a barrel oil likely if policies to reduce climate change take hold? Yes, says a Middle East oil minister and industry analysts. But not until the mid-century deadline for net-zero emissions. It would […]
Oil prices could hit $100 per barrel over the next six months if we have a colder-than-usual winter, which could be the most important driver of global energy markets in the coming months, Bank of America […]
It has been a shift in commodity matrices like never before, where supply and demand are still critical, but not the only factors. Geopolitical, natural gas hunger, low supplies in Europe and Asia, and no […]
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