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Energy

Why OPEC+ is Supporting a Potentially Disastrous Rise in Oil Production

Mar 17, 2025 at 17:52 | Simon Watkins

Oil prices have fallen fast since the 3 March announcement from OPEC+ that it will go ahead with a planned rise in its collective oil production. The prospect of increased…

Harold Hamm: ‘Drill, Baby, Drill’ Needs $80 Oil

Mar 17, 2025 at 16:53 | Tsvetana Paraskova

U.S. shale needs much higher oil prices than $50 per barrel, and even higher than the current WTI Crude price in the high $60s, for a “drill, baby, drill” boom,…

Will Washington Really Make Drilling on Federal Lands Easier?

Mar 17, 2025 at 14:11 | Alex Kimani

U.S. Interior Secretary Doug Burgum has been effusive in his praise of the oil and gas industry in remarks delivered at CERAWeek by S&P Global conference, telling energy…

Carlyle's Mediterranean Deal Is in Jeopardy

Mar 17, 2025 at 10:55 | Cyril Widdershoven

The highly anticipated $945 million acquisition deal between Carlyle and Energean is reportedly facing serious obstacles. According to statements from Energean and industry insiders, Carlyle’s offer is encountering…

Qatar to Supply Natural Gas to Syria via Arab Pipeline

Mar 17, 2025 at 09:07 | ZeroHedge

Almost exactly 12 years ago, we explained that the sequence of events that would define the face of the Middle East, and spark one of the bloodiest conflicts…

Milder Winter Leads to Rare Decline in Chinese Power Generation

Mar 17, 2025 at 08:13 | Tsvetana Paraskova

Mild winter temperatures pushed China’s electricity generation to only the third drop in the January - February period since 1990. China’s power generation declined by 1.3% in January and February…

Mexico’s LNG Ambitions Face Reality Check

Mar 16, 2025 at 14:53 | Alex Kimani

Over the past decade, the global energy sector has turned its attention to Latin America thanks to the region’s critical role in the ongoing electrification drive. Latin America…

Oil’s Oversupply Spiral: Can Prices Stay Above $60?

Mar 14, 2025 at 13:42 | Irina Slav

The International Energy Agency just threw a bucket of ice water on oil bulls, reporting that crude supply is outpacing demand by 600,000 bpd and slashing its demand outlook for…

Guyana’s Oil Exports Skyrocket—And Europe’s Refiners Love It

Mar 14, 2025 at 12:59 | Tsvetana Paraskova

Five years after an Exxon-led consortium produced the first oil offshore Guyana, the country is pumping more than 600,000 barrels per day (bpd) of crude and has become South America’s…

U.S. Rig Count Stalls as Oil Prices Keep Drillers in Check

Mar 14, 2025 at 12:18 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States held steady this week, according to new data that Baker Hughes published on Friday, following…

Barclays Slashes Oil Price Forecast on 500,000 Bpd Demand Growth Cut

Mar 14, 2025 at 10:47 | Charles Kennedy

Barclays sees Brent Crude prices at $74 per barrel this year, down by $9 from its previous forecast, as it slashed its global demand growth estimate in mounting economic uncertainties.…

Hedge Funds Cut Bullish Oil Bets Aggressively

Mar 14, 2025 at 10:17 | Editorial Dept

US Steel Tariffs Slap Hard, Until They Don’t - The US has imposed 25% tariffs on imported steel and aluminium, and even…

Wave Energy Poised for Major Breakthrough

Mar 14, 2025 at 10:13 | Felicity Bradstock

Wave energy could be primed for a swell of progress thanks to open data sharing. While advancements in wave energy have been piecemeal to date, an Australian startup…

Oil Prices Set for Weekly Gain Despite Demand Uncertainty

Mar 14, 2025 at 10:00 | Michael Kern

Oil prices are set to end the week with a slight increase despite market uncertainty over demand due to Trump's trade wars.

Russia Sees Global Oil Demand Rising in Summer Driving Season

Mar 14, 2025 at 08:11 | Tsvetana Paraskova

The next few months will see an increase in global oil demand as fuel consumption will rise in the summer driving season, Russian Deputy Prime Minister Alexander Novak told

The Future of Nigeria's Energy Sector Remains Unclear

Mar 14, 2025 at 02:58 | Felicity Bradstock

Nigeria has long been known for being an oil-rich state, as the biggest fossil fuel producer in Africa. In recent years, the government has increasingly focused on expanding the…

Aging Infrastructure Threatens the Future of European Energy

Mar 14, 2025 at 02:54 | Felicity Bradstock

As Europe’s energy demand continues to grow, the region’s transmission infrastructure is in dire need of an upgrade. There have long been concerns about investment in Europe’s grid lagging behind…

Can Oil Prices Overcome Economic Uncertainty?

Mar 14, 2025 at 02:44 | Editorial Dept

Crude oil prices faced another volatile week as traders balanced conflicting fundamentals. While supply-side data offered some bullish support, persistent economic concerns, escalating trade tensions, and OPEC+ production plans kept…

Sectarian Massacre Threatens to Undermine Syria's New Government

Mar 14, 2025 at 02:43 | Editorial Dept

Politics, Geopolitics & Conflict Syria’s interim president has signed a constitutional declaration in a step towards hoped-for stability post-Assad, but that stability still remains elusive. This week, pro-Assad Allawites in…

Tariff Turmoil Creates Opportunity for Strong Utility Firms

Mar 14, 2025 at 02:40 | Editorial Dept

Last week, I warned that the volatility exhibited by the major stock indices indicated that this week would see a big drop and that investors should be preparing for that.…

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