The Sounion suezmax, the ship that risks becoming the worst tanker spill this century, remains on fire and may be leaking oil, according to the US Department of Defense. The ship was attacked multiple times […]
Daily Standup Top Stories Renewables Accounted for 14.6% of Global Energy Consumption in 2023 August 27, 2024 Mariel Alumit ENB Pub Note: The term “Renewable Energy” is a marketing term. Wind and solar cannot be even […]
In a bid to bolster energy security, New Zealand intends to pass legislation by the end of 2024 to reverse a ban on offshore oil and gas exploration that has been in place since 2018, […]
About 100 miles east of UFO-capital Roswell, a dusty corner of New Mexico with more cattle than people is quietly buttressing the US’s world oil dominance. After pumping less crude in the years leading up to the […]
Weaker Chinese demand, high inventories, and rising US shale production are leading to downward revisions in oil price forecasts. Goldman Sachs predicts Brent crude prices to average below $80 per barrel next year, with the […]
Daily Standup Top Stories State Rankings: Electric Vehicles per Capita in the United States August 25, 2024 Stu Turley California leads the nation in electric vehicle adoption, with over 1.1 million EVs and the highest per […]
Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya’s eastern government had halted crude […]
Oil prices are rising rapidly on Monday morning as global supply is threatened by geopolitical uncertainty. Israel and Hezbollah traded strikes on Sunday in the biggest military exchange between the two since 2006. Meanwhile, Russia […]
Oil demand seen plateauing at 100 million barrels a day ‘Catastrophic’ risk of failing to invest in new oil projects Exxon Mobil Corp. forecasts global oil demand in 2050 will be the same — or even […]
Nigerian regulators said they expect to formally consent to Exxon Mobil Corp.’s sale of its oil and gas assets to Seplat Energy Plc within four months, ending a hiatus that has stalled the conclusion of a transaction that […]
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