India now depends on Russia for 40% of its crude oil imports, according to new analysis from shipping organisation BIMCO, something that has had a notable impact on the aframax and suezmax trades in particular. […]
DENVER, Aug 7 (Reuters) – U.S. crude oil stockpiles fell more than expected last week, while gasoline and distillate inventories rose as refining activity picked up and demand dropped, the Energy Information Administration (EIA) said […]
The U.S. crude oil benchmark rallied nearly 2.5% on Wednesday, with Brent crude not far behind, as Wall Street held its breath over an anticipated response by Iran to Israel’s assassination of the Hamas leader […]
Qatar will invest $180 million in a Europe-based critical minerals investment company, joining the U.S. development bank in supporting the firm that invests in key metals for the energy transition outside China. Qatar Investment Authority […]
Oil prices climbed after the EIA reported a surprise crude oil inventory draw, reversing an earlier decline caused by concerns about a recession. Gasoline and distillate inventories saw builds, following earlier estimates of larger increases. […]
“You can’t come back to something that is gone.” – Richard Powers, The Overstory In the late 1990s, the mountain pine beetle began its relentless assault on the majestic forests of Western Canada. Using the plentiful host […]
The Biden-Harris Department of Energy, led by Energy Secretary Jennifer Granholm, announced Tuesday the awarding of debt-funded grants totaling $2.2 billion to help fund 8 power transmission projects impacting more than 1,000 miles of lines across 18 […]
We interrupt our regularly scheduled Saturday Substack post to bring you this important bulletin: On August 6, 2024th, Democratic Presidential nominee Kamala Harris selected Minnesota Governor Tim Walz as the Vice Presidential candidate. No one […]
“LNG is on our radar screen. We are making big investments globally in LNG,” Nasser said on Tuesday during Aramco’s H1 results call. Saudi Arabia’s Aramco made its first international investment in LNG last year […]
Biden’s federal agencies are giving billions in taxpayer-funded grants for an assortment of climate boondoggles around the country. With its July 22 announcement that it is disbursing $4.3 billion in taxpayer-funded grants for an assortment […]
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