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HomeEnergy Crisis

Energy Crisis

oil
Big Oil Companies

At least $12 trillion in oil industry investments are needed to prevent a spike in energy prices, OPEC chief says

October 3, 2023 Mariel Alumit

OPEC Secretary-General Haitham Al-Ghais warned that energy prices could spike due to underinvestment. At least $12 trillion needs to be invested in the industry through 2045, he told CNN. “By underinvesting, we are actually endangering […]

Nearly 2.5 Million Barrels a Day of US Refining Capacity to Shut for Fall Maintenance
Commodities

Nearly 2.5 Million Barrels a Day of US Refining Capacity to Shut for Fall Maintenance

October 2, 2023 Mariel Alumit

The fall refinery maintenance season in the US is shaping up to be the heaviest since before the Covid-19 pandemic forced plants to slash rates and delay all but emergency work. Nearly 2.5 million barrels […]

Big Oil Companies

Daily Energy Standup Episode #220 – CEOs, Policy, and Global Markets – A Conversation on Current Developments

October 2, 2023 Andy Del Prado

Daily Standup Top Stories No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock October 1, 2023 Allen Santos There will be no energy transition unless we can find new technologies that bring down the […]

Irina Slav 2023 ENB Podcast It takes a Village to Raise an Idiot
ENB Podcast

ENB #139 Irina Slav, International Energy Author, OPEC’s Response to the IEA, and It Takes A Village To Raise An Idiot

October 1, 2023 Mariel Alumit

Irina Slav, Energy Expert, Author, and podcast host, stopped by the Energy News Beat podcast. I have thoroughly enjoyed getting to know Irina over the last year, and her humor, knowledge, and assessments of the […]

Energy Crisis

German energy giant admits it’s probably still buying Russian gas

October 1, 2023 Mariel Alumit

Participants in global wholesale trading cannot track the origin of fuel they purchase, CEO points out Russian supplies of liquefied natural gas (LNG) may still be shipped to German terminals despite pledges by energy major […]

BlackRock Still Manages $4 Billion of Texas Assets Despite Divestment Vows
Energy Crisis

No Energy Transition Unless Tech Can Make It Cost Competitive: BlackRock

October 1, 2023 Mariel Alumit

There will be no energy transition unless we can find new technologies that bring down the cost of renewables, BlackRock CEO Larry Fink told Bloomberg’s Dani Burger on Friday at the Berlin Global Diague forum. […]

DAVID BLACKMON: How Energy Policy Is Fueling Congress’ Budget Wars
Energy Crisis

DAVID BLACKMON: How Energy Policy Is Fueling Congress’ Budget Wars

September 30, 2023 Mariel Alumit

“We’re fighting for the budget. I believe that we can pass 12 appropriations bills, and that’s what we should do.” Republican Congressman Andy Ogles, who represents Tennessee’s 5th congressional district, is passionate about efforts by a […]

ENB Podcast with Todd Royal
Climate Crisis

ENB #138 Todd Royal, “Clean” Energy Exploitations; Insights on the looming self-inflicted global energy crisis.

September 30, 2023 Mariel Alumit

This interview is one of the most comprehensive discussions about the global energy crisis on the transition to renewable energy. The humanitarian crisis imposed on the children mining critical minerals for energy transition components is […]

Big Oil Companies

Daily Energy Standup Episode #219 – Weekly Recap: From Clean Energy Targets to Oil Auction Expansions: Exploring Crucial Energy

September 30, 2023 Andy Del Prado

Daily Standup Weekly Top Stories Recent grid reforms might not be enough for Virginia to hit future clean energy targets, advocates say September 23, 2023 Allen Santos ​ Note to readers: This article has been updated […]

Oil
Crude Oil News

Oil Is Near $100. Shale Isn’t Coming to the Rescue.

September 29, 2023 Mariel Alumit

U.S. oil prices soared Wednesday to their highest level in more than a year. Most frackers plan to stay on the sidelines. Surging global demand coupled with output cuts by Saudi Arabia and Russia have sent crude […]

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