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The Automation Of Public Transport Is Underway

The Automation Of Public Transport Is Underway

The autonomous vehicle industry has…

Returns vs Emissions: The Big Oil Shareholder Fight

Returns vs Emissions: The Big Oil Shareholder Fight

A minority of shareholders with…

Energy / Energy-General

Oil Prices Sink As Fears Of A U.S. Default Continue To Weigh On Markets

May 22, 2023 at 03:00 | Irina Slav

Crude oil prices started the week sluggishly, with the benchmarks declining slightly at the time of writing, after posting a modest gain for the previous week. Brent crude was…

Alberta Wildfires Still Sapping Crude Oil Production

May 19, 2023 at 14:09 | Julianne Geiger

Raging wildfires in Canada could shave off 0.1%-0.3% of the country’s real gross domestic production this month, according to an estimate from ATB Financial. The number of wildfires grew on…

Guyana's Oil Boom To Gain Momentum In Second Half Of 2023

May 19, 2023 at 12:02 | Matthew Smith

The impoverished South American micro-state Guyana is in the midst of an epic oil boom which has seen the former British colony emerge as the hottest frontier offshore drilling region.…

U.S. At Risk Of Blackouts This Summer

May 19, 2023 at 10:20 | Tsvetana Paraskova

Extreme weather this summer will strain the U.S. power grids, putting two-thirds of North America at risk of electricity shortfalls this summer during periods of peak demand on the hottest…

The Automation Of Public Transport Is Underway

May 19, 2023 at 09:39 | Felicity Bradstock

There has been a lot of hype around autonomous driving in recent years, with several autonomous passenger vehicles being tested across cities worldwide. But when it comes to public transport,…

Is It Time To Take Green Methanol Seriously?

May 19, 2023 at 09:34 | Felicity Bradstock

Methanol is widely used around the globe, with industrial applications for plastics, paints, car parts, and construction materials. It can also be used to fuel cars, trucks, buses, ships, fuel…

The Race To Secure Long-Term LNG Contracts

May 19, 2023 at 08:53 | Irina Slav

Global LNG inventories may be at a record high amid weak demand but serious buyers are looking forward and sealing long-term supply deals to secure enough LNG for…

Oil Prices Climb As Bullish Sentiment Builds

May 19, 2023 at 08:29 | Michael Kern

While it may still be too early to say if sentiment in oil markets has completely shifted, signs that the U.S. will avoid a default and that oil markets are beginning…

Bank Of America Sees Oil Prices Heading Toward $90 This Year

May 19, 2023 at 08:13 | Tsvetana Paraskova

Oil prices will return to above $80 per barrel in the second half of this year and could continue rising toward $90 due to a deepening supply deficit, Francisco Blanch,…

Bearish Sentiment Keeps Traders From Going Long On Crude

May 19, 2023 at 05:33 | Editorial Dept

The June WTI crude oil futures contract witnessed fluctuations throughout the week, responding to various factors. Despite solid U.S. economic data that fueled a stronger dollar and raised expectations of…

Oil Majors Face Tough Choices Ahead Of Shareholder Meetings

May 19, 2023 at 05:31 | Editorial Dept

1. OPEC Lambasts Anti-Oil Sentiment, Warns of Underinvestment- OPEC+ compliance with its collective targets keeps…

Russia And Iran Plan To Challenge The Suez Canal With New Trade Corridor

May 19, 2023 at 05:28 | Editorial Dept

Politics, Geopolitics & Conflict While the battle rages on in Sudan between the military and a paramilitary group called the Rapid Support Forces (RSF), the big question for oil market…

Why The Market Didn't React To The Latest SPR News

May 19, 2023 at 05:25 | Editorial Dept

On Monday, the US Department of Energy announced that it will begin buying crude oil to restock the Strategic Petroleum Reserve (SPR), the level of which hit a multi-decade low…

Why Erdogan Is Expected To Win Turkey's Presidential Runoff

May 19, 2023 at 05:23 | Editorial Dept

With Turkey’s presidential and parliamentary elections heading into a run-off vote on May 28th, Erdogan has the new god of selective censorship (Elon Musk on his Twitter throne)…

Oil Prices Set For Their First Weekly Gain In A Month

May 19, 2023 at 02:15 | Irina Slav

Crude oil prices look set to record their first weekly gain since mid-April as sentiment about future demand improves amid signs there may be progress on the debt ceiling negotiations…

Alberta Wildfires Threaten Canada’s Oil Sands Production

May 18, 2023 at 11:06 | Charles Kennedy

Following a brief respite at the end of last week, the wildfires in Alberta began raging again this week as temperatures rose, threatening the oil sands operations in the province…

Wil Government Intervention End Brazil’s Oil Boom?

May 18, 2023 at 09:01 | Matthew Smith

Latin America’s largest economy Brazil has experienced a massive oil boom over the last decade and a half that saw the country become the top regional and leading…

U.S. And Allies Want More Surveillance To Curb Illicit Oil Transfers

May 18, 2023 at 07:00 | Tsvetana Paraskova

The United States and several other Western countries plus Ukraine are calling for increased surveillance for cracking down illicit ship-to-ship transfers of oil, which have soared since the embargoes on…

Shale Drillers Are Auctioning Off Rigs at Bargain Basement Prices

May 17, 2023 at 13:00 | Alex Kimani

The much-touted second shale boom has lately been getting a reality check as equipment demand declines sharply, a worrying sign that drilling in U.S. shale energy regions is leveling off. …

Erdogan Confirms Extension Of Black Sea Ukraine Grain Deal

May 17, 2023 at 11:52 | RFE/RL staff

Turkish President Recep Tayyip Erdogan has announced that the Black Sea Grain Initiative allowing for the export of Ukrainian grain through the country's Black Sea ports, has been extended…

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