It’s no secret that fossil fuels are still going strong, as we discussed last month. But a new United Nations-backed report paints an alarming picture of how dramatically coal, oil and gas production is expected to grow in […]
Aramco maintained its payout to the Saudi government and investors at $29.4 billion, helping state finances amid a widening budget deficit. The world’s biggest crude oil exporter maintained the payout at the preceding quarter’s level despite […]
Yahoo Finance (Bloomberg) — Oil gained after Saudi Arabia and Russia reaffirmed they will stick with oil supply curbs of more than 1 million barrels a day through the end of the year. West Texas Intermediate […]
If you have not heard about the rise of geopolitics over the past year, where have you been hiding? So now I want to complicate your lives further and introduce you to its lesser-known but […]
Daily Standup Top Stories GE Offshore Wind to Post $1 Billion Loss in 2023, Again in 2024 October 29, 2023 Allen Santos General Electric Co. expects its offshore-wind operations to post annual losses of about $1 billion […]
Since the appalling attack on Israel by Hamas terrorists on 7 October, oil prices have been volatile. Historically, conflicts in the Middle East have had a major impact on oil prices, from the price shocks […]
Arab leaders have urged for a ceasefire to halt fighting between Israel and Hamas Saudi Arabia has voiced grave concerns to US officials over Israel’s impending ground assault on Gaza, saying the incursion could be […]
In recent years, inconsistent investment policies within the oil sector led to instability in the energy markets. The OPEC+ group firmly believe in a dual approach of ramping up investments in the oil and gas […]
World Oil (Bloomberg) – Oil is here to stay as U.S. majors strike blockbuster deals while Saudi policies are helping stabilize global crude markets, the kingdom’s energy minister said at the annual investment forum in […]
Oil is here to stay as US majors strike blockbuster deals while Saudi policies are helping stabilize global crude markets, the kingdom’s energy minister said at the annual investment forum in Riyadh. “It’s working,” Energy […]
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