By Gregory Hershman, Head of US Policy As US statehouses begin their 2023 sessions, we see a growing number of proposed bills that address ESG or responsible investment in some way. Most of these bills see considering […]
(Bloomberg) — Germany is still years from substituting Russian pipeline gas imports with liquefied natural gas capacities, according to estimates by the country’s Economy Ministry. Chancellor Olaf Scholz told Bloomberg last week that the country […]
Russian oil shipments plunged by 820,000 bpd last week. Total Russian seaborne crude oil exports stood at 2.98 million bpd. Russian revenues from oil, albeit still massive, have declined in recent weeks, according to various […]
Cradle of oil and gas. UAE (United Arab Emirates) is ranked 7th in oil production in 2021 (Figure 1). In the Middle East, only Saudi Arabia and Iraq rank higher. UAE is a small country by population, […]
By Irina Slav of OilPrice.com The Dutch government plans to close the Groningen gas field this year despite Europe’s precarious supply position. Groningen is the largest gas field in Europe. The field is dangerous, a […]
After 2022-2023’s unusually warm winter, Europe may be winning its energy struggle with Russia, but a lasting solution for energy-hungry Europe has not arrived yet. While Europe’s ad-hoc responses to Russian embargos have succeeded in changing one […]
Copper and silver prices are on the rise in 2023 due to insufficient supply against growing demand. Some analysts see these precious metals enjoying moderate-to-outsize gains this year. Here’s the scoop behind rising prices – […]
The World Economic Forum (WEF) held its annual meeting in Davos, Switzerland last week against a backdrop of global inflation and recessionary risks. However, despite the doom and gloom, there were some interesting takeaways. – […]
DAVOS, Switzerland (Reuters) -Big oil firms came under pressure at the start of the World Economic Forum (WEF) from activists who accused them of hijacking the climate debate, while a Greta Thunberg-sponsored “cease and desist” […]
In response to the Biden administration’s Inflation Reduction Act, which awards $369 billion to green energy technologies, the European Union wants to double down and subsidize its own green industrial base, and in effect manufacture a green […]
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