As the largest oil producer in the world, the health of the U.S. oil industry has a major impact on global oil markets. Despite technological gains and increased production, challenges like economic slowdowns and equipment […]
At its annual meeting overnight, the International Energy Agency (IEA) has declared its support for countries choosing nuclear power. In a communiqué from members attending the 287th Meeting of the IEA governing board at ministerial […]
Daily Standup Weekly Top Stories Orsted’s strategic shake-up has investors worried February 4, 2024 Stu Turley Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting […]
Daily Standup Top Stories Biden Makes Coal Great Again As Exports Soar To India February 6, 2024 Stu Turley US thermal coal exporters recorded more than $5 billion in overseas sales in 2023, shipping upwards of […]
Not long ago, pundits were telling us that gasoline-powered cars would soon vanish from the streets, replaced by sleek, space-age vessels powered by electricity. But consumer demand for electric cars never matched the hype. Fewer […]
Demand is rebounding as a result of expected colder weather and lower prices, IEA’s latest Gas Market Report says, but limited new LNG production means supply will remain tight Growth in global gas demand is […]
Global production of the fuel is also expected rise whereas supply will likely remain tight, according to the energy watchdog Gas production in Russia is expected to rise by 4% this year, according to […]
Daily Standup Top Stories Biden Weighs Banning Natural Gas Exports to Save the Climate January 17, 2024 Mariel Alumit Climate Test for Natural Gas Exports Politco notes Biden’s Aides Weigh Climate Test for Natural Gas Exports. The […]
The International Energy Agency (IEA) turns 50 this year. Doubtless there will be champagne-infused celebrations at its Paris headquarters. But on this side of the Atlantic, it’s past time for the United States, the biggest […]
Daily Standup Top Stories OPEC’s Influence on Oil Prices To Remain Significant In 2024 January 2, 2024 Mariel Alumit Fears of lower demand and rising non-OPEC supply threatens OPEC+ cuts. U.S. oil producers took everyone by […]
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