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Article Archive | Page 5

Will China’s Oil Demand Disappoint This Year? 

Jun 05, 2023 at 11:23

China’s economic recovery is sputtering, prompting renewed concerns about crude oil and other commodities demand that could result in slower-than-expected global oil demand growth this year and weigh on oil…

Saudi Surprise Cut Signals OPEC+ Crisis

Jun 05, 2023 at 09:42

Following a suspense-filled weekend in Vienna, where OPEC oil ministers attempted to downplay media attention, global oil markets remain uncertain about the direction of oil prices. The recent "surprise" oil…

Aramco Eyes Major Opportunity In Iraq

Jun 05, 2023 at 10:09

Following the recent China-brokered resumption of relationship deal between historical enemies Saudi Arabia and Iran, a deal for the Kingdom to develop two key projects in Iran’s close…

Understanding The Economic Realities Behind Wind And Solar Energy

Jun 05, 2023 at 09:24

A major reason for the growth in the use of renewable energy is the fact that if a person looks at them narrowly enough–such as by using a model–wind and…

Oil Majors Keen On Libya’s Untapped Potential

Jun 05, 2023 at 09:20

Following the failed Presidential elections of December 2021 and its negative impact on the oil and gas industry, Libya’s oil production started to get back on track in the second…

China's Investment Boom Is Fueling Growth In Central Asia

Jun 05, 2023 at 09:17

China and Kazakhstan are planning a new rail connection and border crossing in the Bakhty-Ayagoz area, expressing hope that the new route can cut freight transit times. Kazakh President Kassym-Jomart…

Mexico’s Energy Conundrum: AMLO’s Nationalization Plans Face Scrutiny

Jun 05, 2023 at 09:10

Mexico’s state-owned oil company Pemex has faced challenge after challenge, following scrutiny over its poor safety standards and low production levels and now it’s likely to miss the scheduled launch…

Blurred Battle Lines: Drone Strikes Stoke Russia-Ukraine Conflict

Jun 05, 2023 at 09:06

An apparent drone attack on Moscow fits President Vladimir Putin's narrative about Russia's war on Ukraine. But more than 15 months into what was meant to be a "special operation"…

China’s Economic Rebound Reshapes Emerging Markets

Jun 05, 2023 at 09:04

After three years of rolling Covid-19 lockdowns and trade disruptions, China posted faster-than-expected GDP growth in the first quarter of 2023, at 4.5% year-on-year (y-o-y), but the uneven nature of…

Ukraine's Energy Sector Surges Despite Adversities

Jun 05, 2023 at 09:00

After worries about surviving the harsh winter months, Ukraine’s energy industry has made it through to the other side. And, contrary to expectations, there is some optimism around the future…

IEA Warns Of Higher Oil Prices After OPEC+ Announcement

Jun 05, 2023 at 08:59

Oil prices are now a lot more likely to rise after OPEC+ extended the cuts into 2024 and Saudi Arabia announced an additional reduction of 1 million bpd for July,…

Oil Prices Climb As Saudi Arabia Goes It Alone With Additional Cut

Jun 05, 2023 at 00:40

Crude oil prices rose by more than 1% in early trade today following the OPEC+ meeting that took place Sunday. At that meeting, Saudi Arabia said it would voluntarily cut…

ExxonMobil: New Fracking Technology Can Double Oil Output

Jun 02, 2023 at 12:56

The U.S. shale revolution dramatically reshaped the world energy markets. The shale boom was one of the most impressive growth stories, from take off in 2008 to the…

Insurers Signal Fallout From Sanctions On Russia

Jun 02, 2023 at 12:48

A year ago, the Financial Times reported how maritime insurers were concerned that sanctions targeting Russian oil exports would disrupt global supply chains, lead to higher prices,…

Making Energy From Miniscule Man-Made Clouds

Jun 02, 2023 at 15:29

A team of scientists at the University of Massachusetts at Amherst has discovered how to generate energy from thin air by creating man-made clouds. Most importantly, the method can be…

New Type Of Solar Cell Creates Hydrogen, Oxygen And Heat

Jun 02, 2023 at 14:23

Ecole Polytechnique Fédérale de Lausanne (EPFL) researchers have built a pilot-scale solar reactor that produces usable heat and oxygen, in addition to generating hydrogen with unprecedented efficiency…

IEA: Renewables Installations In 2023 Soar To Levels We’ve Never Seen

Jun 02, 2023 at 11:34

The energy crisis in Europe, the Inflation Reduction Act in the United States, and the continued strong expansion of green energy installations in China are all expected to contribute to…

The Rise Of China's Clean Energy Sector And Its Global Dominance

Jun 02, 2023 at 10:52

China is racing toward decarbonization at a rate that few could have predicted. The nation is crushing its competition in terms of clean energy spending, and Bloomberg

Who Will Compete With China In Central Asia?

Jun 02, 2023 at 10:34

Instead of being “Being Fustest with the Mostest” in Central Asia, an area of intense interest to China and Russia, the U.S. and Europe may be “too little,…

The Battle To Decarbonize The Aviation Industry

Jun 02, 2023 at 10:45

With news that France is banning short-haul flights, many will be wondering how other countries plan to decarbonize their aviation sectors. France has taken the first steps to changing commercial…

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