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Heatwave, Hormuz Threats and Qatar Blast Push European Gas Prices Higher
Europe’s benchmark natural gas prices rose by nearly 2% on Monday morning in Amsterdam as a heatwave...
Fed hawkishness and stretched valuations offset Iran deal relief, Deutsche Bank says
Despite the interim US-Iran deal and a considerable fall in oil prices, risk assets have barely move...
ECB’s Lagarde: “No evidence yet” of inflation de-anchoring that would warrant stronger ECB action
European Central Bank (ECB) President Christine Lagarde said on Monday that policymakers are not yet...
Rotterdam's Growing Oil Storage Fraud Problem Is Costing Traders Millions
The port of Rotterdam has seen, in recent years, increasingly sophisticated attempts by fraudsters to scam millions of dollars out of traders by paper fraud, offering non-existent oil storage at one o ...
Iraq's Energy Sector Faces Its Most Important Test in Decades
Iraq’s oil sector has been discussed over the last few years primarily through the lens of production figures, OPEC quotas and reserve estimates. The latter, however, is no longer sufficient or even a ...
Big Tech's Private Power Plants Will Drive Up Your Energy Bill, Experts Warn
As urged by President Donald Trump, tech companies are starting to build power plants alongside their new data center campuses to provide their own energy. The Trump administration has promised that t ...
The Reliability Crisis Utilities Don't Want to Talk About
What are the optics? AI centers are gobbling up power production, transmission space, and water. Transmission line expansion at a pitiable pace. A rush to build enough power plants. Forest fires burn ...
9 Billion BOE on the Table as Kazakhstan Opens Biggest Licensing Round in Years
Kazakhstan’s 12th hydrocarbon licensing round puts 30 suboil plots across roughly 53,000 sq km on offer, backed by more than 9 billion preliminary estimated hydrocarbon resource potential. With signat ...
OPEC Sees Oil Demand Growth Outpacing Supply Through 2027
OPEC is sticking to its view that the oil market will remain relatively tight through next year, with demand growth expected to continue outpacing non-OPEC+ supply additions despite months of war-rela ...
Britain’s Electric Vehicle Market Is Booming as Fuel Prices Climb
Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car su ...
Oil Held the Biggest IPO Record. Tonight It Loses the Crown.
For nearly seven years, the largest IPO in history belonged to an oil company. Not just any oil company. Saudi Aramco, the crown jewel of the world's largest crude exporter, raised $29.4 billion in it ...
Why Power Prices Are Rising Faster in Deregulated States
Back in the last century, when neo-liberalism, deregulation, and privatization were all the rage, we, in the USA, decided to restructure and deregulate the electricity industry, on the theory that suc ...
Why Household Batteries Are Becoming Strategic Assets
The Strait of Hormuz has become the pressure point of the global energy system. The war has already deprived global markets of 1 billion barrels of crude oil and petroleum products. Supply from the Mi ...
What's Stopping the Trans-Caspian Pipeline After 27 Years?
With the Iran war disrupting traditional energy supply routes and the West seeking to lessen reliance on Russian transit networks, Trans-Caspian corridors have again emerged as a focus of internationa ...
UK Clean Tech Firms Plan Europe's Biggest Direct Air Capture Project
UK clean energy technology firms have set up a joint venture to build and operate Europe's biggest direct air capture project. Carbon capture technology developers Airhive and Mission Zero Technologie ...