While the leaders of the world’s richest countries agree in theory on the need to reach net zero emissions by 2050 at the latest, they remain faithful to a fossil fuel industry reluctant to substantively […]
Energy News Beat Publishers Note (ENB): What does this mean to the price of oil, absolutely nothing. The Iran oil machine is pushing out as much as it can sell or store abroad. The OPEC […]
Soaring temperatures in one of the world’s top energy-producing regions could drive fuel prices higher as countries there burn more oil and natural gas to keep homes cool. Saudi Arabia, the United Arab Emirates and […]
Norway, Western Europe’s biggest oil producing nation, plans to expand its green energy industry and strengthen its power grid, but isn’t willing to budge when it comes to exploiting its oil and gas resources. Petroleum […]
For the past year, Saudi Energy Minister Prince Abdulaziz bin Salman has fought a war of words with oil speculators. Now, he’s taking his message to the heart of Wall Street. Prince Abdulaziz is scheduled […]
Americans are going to drive this summer like the pandemic never happened, if U.S. ethanol production is any gauge. Output rose last week to the highest level since February 2020, which was shortly before U.S. shelter-in-place orders […]
U.S. investment bank Goldman Sachs expects Brent crude prices to reach $80 per barrel this summer, betting that a recent oil market rally will continue as vaccination rollouts boost global economic activity and demand for […]
(Bloomberg) –OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, according to a senior executive at the world’s biggest independent oil trader, Vitol Group. The decline in U.S. drilling and […]
Today, the Canada Energy Regulator (CER) released a report explaining the economics and market dynamics for the more than 73,000 kilometres of pipelines it regulates. The report, Canada’s Pipeline System 2021: Economics of CER-Regulated Infrastructure, provides […]
TC Energy on Wednesday confirmed that it is nixing the Keystone XL Pipeline following President Biden’s move to revoke a permit for the project during his first day in office. “Construction activities to advance the […]
Copyright © 2025 | Sandstone Group