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HomeOPEC

OPEC

Climate Crisis

Daily Energy Standup Episode #227 – ENB 227 – Offshore Wind Challenges, Green Energy Myths, and Geopolitical Tensions

October 11, 2023 Andy Del Prado

Daily Standup Top Stories Major headwinds threaten off-shore wind targets October 10, 2023 Mariel Alumit The pervasive narratives about off-shore wind in recent years have been that costs are falling, and that wind power is cheap. […]

Oil
Climate Crisis

The Oil Industry And OPEC Will Attend COP28 Climate Summit

October 10, 2023 Mariel Alumit

Representatives from the oil industry and from OPEC will attend the COP28 climate summit in Dubai next month, OPEC Secretary General Haitham Al Ghais said on Tuesday. “The oil industry will be at COP and […]

Crude Oil News

The New Global Oil Market Order Hangs In The Balance After Hamas Attacks Israel

October 10, 2023 Mariel Alumit

By Simon Watkins of Oilprice.com In what turned out to be extraordinary timing, October 3 saw a Western coalition of France’s TotalEnergies and Italy’s Eni, plus Qatar Energy, apply for the second licensing round on […]

Alternative Investments

Daily Energy Standup Episode #226 – Energy Turbulence: Oil Prices Surge, Gulf of Mexico Impact, and OPEC’s Forecast

October 10, 2023 Andy Del Prado

Daily Standup Top Stories Oil Prices, Energy Stocks Surge After Attack on Israel. Here’s What Comes Next. October 9, 2023 Mariel Alumit Oil prices were climbing sharply on Monday in reaction to the attack on Israel by […]

OPEC
Crude Oil News

OPEC Boosts Oil Demand Forecast to 2045

October 9, 2023 Mariel Alumit

OPEC raised forecasts for global oil demand through to the middle of the century, even as the world shifts away from fossil fuels to avert catastrophic climate change. Oil consumption will climb 16% over the […]

Oil
Crude Oil News

Oil could hit $100/bbl as OPEC+ sticks with supply cuts -Equinor executive

October 6, 2023 Mariel Alumit

HOUSTON, Oct 4 (Reuters) – Global crude oil prices could rise to $100 a barrel based on the OPEC+ decision on Wednesday to maintain supply cuts, the chief economist of Norwegian oil and gas company […]

Saudi
Crude Oil News

Saudi Arabia And Russia Will Not Alter Voluntary Oil Supply Cuts

October 4, 2023 Mariel Alumit

Saudi Arabia and Russia have both confirmed that they will be keeping their supply cuts in November despite the recent oil price rally. The announcements came just hours before the Joint Ministerial Monitoring Committee and […]

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 […]

Oil
Crude Oil News

Oil Closes In On $95 Per Barrel, Hitting $100 In Some Markets

September 19, 2023 Mariel Alumit

The oil-price rally continued in full force on Monday, with Brent crude closing in on $95 per barrel in early afternoon trading, and some crude grades around the world topping $100. At 12:23 p.m. ET […]

OPEC
Crude Oil News

OPEC Statement on peak fossil fuel demand

September 14, 2023 Mariel Alumit

On the International Energy Agency’s recent Op-Ed published on 12 September 2023, asserting that fossil fuel demand would peak before 2030, OPEC notes that consistent and data-based forecasts do not support this assertion. It is […]

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