Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year. The change estimated by the EIA compared with a modest draw of […]
In-brief analysis January 15, 2025 EIA extends five key energy forecasts through December 2026 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), January 2025 In our January 2024 Short-Term Energy Outlook, which includes data and forecasts through […]
BRUSSELS – Relations between China and the EU are worsening – and could rapidly deteriorate when Donald Trump returns to the White House on Monday. The pledge by the self-proclaimed “Tariff Man” to impose […]
SOFIA – The Bulgarian parliament rejected a proposal to reintroduce an additional tax on the transit of Russian gas to central Europe, which could have angered Serbia and Hungary. In October 2023, Bulgaria introduced […]
This is $6.4 percent higher than $2.95/MMBtu in the December 2024 STEO. EIA said in the new outlook that the Henry Hub spot price “generally rises over the next two years.” “We expect the spot […]
TGS Oslo-listed seismic data specialist TGS has won four 4D streamer acquisition projects off Norway. According to the company, three projects will be in the North Sea while one will be done in the Barents […]
President-elect’s bullying tactics as leader of the world’s foremost power inevitably send worrying signals across the globe Even before he becomes president, Donald Trump is causing dismay with his idiosyncratic diplomacy. He has more-than-once questioned […]
Supreme Court declines to review climate lawsuits critics say push anti-fossil fuel agenda, leaving oil firms vulnerable to costly state-led cases. The Supreme Court declined Monday to review challenges to state and local lawsuits against […]
The loss of Russian energy is only harming smaller bloc members like Slovakia, the country’s officials told RT The turning off of Russian gas transit by pipeline through Ukraine was a politically-motivated decision made by […]
Developing and industrialising regions and economies require reliable and low-cost electricity from dependable sources. Global economic growth is increasing the demand for efficient cost-effective supply chain for the fuels, thousands of products, and for electricity […]
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