The Strait Of Malacca Faces Growing Fears Of Copycat Shipping Fees
Oil prices spiked again on Wednesday after U.S. President Donald Trump declared that the ceasefire deal with Iran is over and vowed to strike Iran again, effectively ending the tentative peace deal barely a month after signing. Iran struck three comme…
Gulf Oil Producers Relaunch Fight for Market Share in Asia
Saudi Arabia has slashed the price of its crude oil loading for Asia next month by the most in two decades as the world’s top crude exporter and the other major exporters in the Persian Gulf restarted the competition to sell into their biggest market…
Carbon Markets Just Had Their Most Important Moment in Years
For much of the past decade, carbon credits have suffered from a credibility problem. Critics called them greenwashing, environmental groups questioned their effectiveness, and a series of poorly designed projects damaged confidence in the entire mark…
The Era of Cheap U.S. Natural Gas May Be Coming to an End
U.S. natural gas prices are set to rise through 2035, following a decade of low Henry Hub prices, as the AI data center boom and the expansion of U.S. LNG export infrastructure will underpin strong demand, analysts at Wood Mackenzie say. During the de…
Trump Targets California Again In SpaceX Feud
For years, U.S. President Donald Trump has loomed large over Californias energy and environmental sectors as he tries to promote fossil fuels and roll back the state’s climate initiatives, with varying degrees of success. Back in 2019, the Trump admi…
Europe’s Nuclear Ambitions Drive New Interest in Italian Uranium Exploration
A firm planning to mine uranium in northern Italy has drawn up plans for a London float as it seeks to capitalise on renewed interest in nuclear technology.Reveille Resources, which will be operated by Ippolito Ingo Cattaneo alongside his father, Andr…
The Next Oil Rally Could Be Driven by Stockpile Buying
The war in the Middle East has cost the world over a billion barrels in cumulative supply losses. Yet luckily, China had built a reserve of about the same size before the closure of Hormuz, so it stopped buying so much oil, arresting the inevitable pr…
US Drillers Add Oil, Gas Rigs As Hormuz Transit Resumes
The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 573, up 26 from this same time last year.The number of…
State of Global Oil Inventories Ruins Iran Peace Optimism
As oil benchmarks crash and Brent slips below $80 per barrel, a growing number of analysts are sounding an alarm: Hormuz may reopen, but oil production in the region would not rebound immediately—and the world’s oil inventories are depleting.Back in…
Norway Moves to Extend the Life of Europe’s Most Important Oil Field
Norway is moving ahead with the next phase of development at Johan Sverdrup, a project designed to help maintain production from the oil field that has become one of Europes most important sources of crude supply.According to Equinor, new discoveries …
From Hormuz to Houston: The U.S. Takeover of Global Energy Flows Ramps Up
Oil exports from the U.S. and its ‘Americas’ sphere of influence continue to be the prime beneficiary from the drop in crude output leaving the Middle East. Industry figures showed dirty tanker shipments from the Americas hit an all-time high of 14.…
U.S. and Uzbekistan Deepen Economic Ties With New Investment Pact
The United States and Uzbekistan are working to expand business-to-business contacts with the aim of expanding US trade and investment in some key economic sectors, including mining, energy, IT, agriculture, and artificial intelligence.US Assistant Se…
How a Regional Gulf Coast Port Became America's Crude Oil Export Capital
Three decades ago, I had just graduated from Texas A&M University and taken my first job as a chemical engineer in Corpus Christi, Texas. At the time, few people would have expected that this Gulf Coast city would one day sit at the center of the …
Alaska’s Oil Revival Gains Momentum
Oil majors are rediscovering Alaska amid the unprecedented oil and gas crunch caused by the war in the Middle East. Previously considered a sort of toxic drilling destination, the northernmost state is now returning to the spotlight as a source of sec…
Oil Could Stay Above $100 for Years, Analysts Warn
Oil prices opened trade this week with a decline on reports that a deal between the U.S. and Iran was imminent. Brent crude slipped below $100 for the first time in days. But then President Trump said there was no rush on a deal and the U.S blockade i…
Coal Is Fueling China’s Next Energy Power Play
Coal is inarguably one of the big winners from the energy flow disruption in the Middle East. Consumption is up strongly as gas becomes hard to come by and expensive to buy. Power supply security has overtaken any emission concerns. Yet it is not only…