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Crude Oil News

Reuters claims OPEC facing significant market share loss

December 30, 2023 Stu Turley

Oil Price OPEC could potentially face further loss of market share in early 2024 following the recent departure of  Angola, weakening demand and rising output by non-OPEC producers, Reuters claims, based on its own calculations. […]

Enron
Bankruptcy

Climate ‘Enron’ May Be Heading For A Crash

November 20, 2023 Mariel Alumit

Authored by Duggan Flanakin via RealClear Wire, The modern American version of “the environmental emperor has no clothes” until now has been the rise and fall of Enron. As former Ken Lay speechwriter Robert Bradley, […]

Climate Crisis

EV Battery Factory Will Require So Much Energy It Needs A Coal Plant To Power It – Cowboystatedaily.com

September 23, 2023 Mariel Alumit

ENB Pub Note: A shout-out to the Cowboy State Daily website and staff. They do a great job, and please support them.  A $4 billion Panasonic electric vehicle battery factory in De Soto, Kansas, will […]

Aljazeera International

Ukraine says Black Sea gas, oil platforms recaptured from Russian control

September 12, 2023 Mariel Alumit

The Ukrainian military said it has recaptured several strategic gas and oil drilling platforms from Russia in the Black Sea close to Crimea, which Moscow’s forces had occupied since 2015. The recapture of the so-called […]

Crude Oil News

Saudi Arabia to cut oil output by 1 million barrels a day in July

June 4, 2023 Mariel Alumit

Saudi Arabia has said it will reduce how much oil it sends to the global economy by one million barrels per day (bpd), as the OPEC+ alliance of major oil-producing countries faces flagging oil prices […]

Energy
Finance

Windfall Taxes Sweep Through The Global Energy Sector

January 31, 2023 Mariel Alumit

Authored by Alex Kimani via OilPrice.com, Over the past two years, global energy companies have enjoyed record profits amid high commodity prices, with the International Energy Agency estimating that net income by oil and gas […]

Pipeline
Geopolitical

The Nord Stream Pipeline Could Be Repaired Within A Year

January 22, 2023 Mariel Alumit

Authored by Tsvetana Paraskova via OilPrice.com, The Nord Stream pipeline can be repaired within a year, but it’s unclear whether Germany would want to receive Russian natural gas at all, said Klaus-Dieter Maubach, the outgoing […]

Recession
Finance

How We’ll Know When A Recession Is About To Hit

December 19, 2022 Mariel Alumit

Watch the 3m30y and the 5y30y segments of the yield curve for early signs that a recession is coming into view. Extra caution will be required at this point as equities and equity earnings have […]

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