The Dow Jones Industrial Average eked out a modest 0.1% increase, while the Nasdaq Composite rose 0.5%, reflecting optimism about lower rates fueling innovation and spending. The U.S. dollar, which had been battered in recent […]
Russia’s oil export machine, a cornerstone of its economy amid ongoing sanctions and geopolitical tensions, is showing signs of strain. Weekly crude exports plummeted to an average of 3.18 million barrels per day (bpd) in […]
The U.S. is exploring a $5 billion mining investment fund, which would represent its largest direct involvement in securing critical minerals. This initiative aims to address concerns about mineral supply chains, given China’s dominance in […]
As the world grapples with the dual imperatives of energy security and decarbonization, natural gas is emerging as the linchpin of the global energy transition. According to a recent report from S&P Global Commodity Insights, […]
Plains All American Pipeline is grappling with a crude quality scare on its Permian-to-Corpus Christi system, raising questions for both refiners and exporters at the Gulf Coast’s busiest hub. A notice seen by Reuters and […]
In a stark admission that underscores the fragility of global energy supply, the International Energy Agency (IEA) has revealed that decline rates in mature oil and gas fields are accelerating, putting unprecedented pressure on the […]
Data source: U.S. Energy Information Administration, State Energy Data System Data values: Per capita CO2 emissions from energy consumption Per capita CO2 emissions from primary energy consumption decreased in every state from 2005 to 2023, according to recently released data […]
U.S. oil hit a record in June (13.58 mb/d), but momentum is fading. Smaller operators are pulling back, and only the majors are still adding barrels. The EIA sees output easing from about 13.6 mb/d […]
In a bold move signaling the oil giant’s pivot toward the electric vehicle (EV) ecosystem, Exxon Mobil Corp. CEO Darren Woods revealed a groundbreaking invention: a new form of synthetic graphite designed to supercharge EV […]
In a move that could exacerbate California’s already precarious energy landscape, the state’s largest inland oil pipeline is barreling toward a potential shutdown, threatening critical crude supplies to Bay Area refiners and underscoring the deepening […]
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