The lack of fungibility of the gas market is set to pose a major challenge for Europe in the near term, the heads of Saudi Aramco and Shell agreed today. Aramco’s Amin Nasser was relatively sanguine on […]
With Africa seeking to maximize the exploitation of its entire resource base including oil, gas, coal and renewable energy for a secure and sustainable energy mix that will support the continent’s efforts to accelerate electrification […]
Three Enel Foundation researchers, Nicolò Sartori, Silvia Burgos Rodríguez and Luca Spinosa, have published an article highlighting the importance of rare earth metals and other critical materials to the energy transition. The piece, published by Ecco, Italian climate think tank, […]
The whodunnit around the greatest act of industrial sabotage since WW II, blowing up the Nord Stream 1 and 2 pipelines on Monday 9/26, continues. While Mainstream Media have already concluded with no evidence that […]
The Federal Reserve’s aggressive rate hikes have the world’s central banks scrambling to keep up. A strong dollar puts others in a lose-lose: fight inflation and slow growth, or allow prices to continue surging. Countries […]
BP’s peak oil demand prediction in 2020 turned out to be wrong. A relatively large number of forecasts don’t see peak oil happening within the next few decades. Advancements in ICE engines and increased fuel […]
Europe has faced substantial energy challenges during the past months, many of which are connected to the war in Ukraine. Sanctions and other measures imposed by the European Union and individual countries have reduced the […]
India, also being the 2nd largest refiner in Asia with 23 refineries, will increase its refining capacity. Favourable geology, open data access, supporting policy regime and ease of doing business were the major drivers to […]
Iraq (Federal Iraq and Kurdistan Regional Government) is the second-largest crude oil producer in OPEC after Saudi Arabia. It holds the world’s fifth-largest proved crude oil reserves, at 145 billion barrels, representing 17% of proved reserves […]
SINGAPORE, Oct 3 (Reuters) – Oil prices jumped more than 3% in early Asian trade on Monday as OPEC+ considers cutting output of up to 1 million barrels per day at a meeting this week […]
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