On hiatus
The Energy Bulletin Daily is on hiatus while our dauntless co-editor, Tom Whipple, is out for health reasons. Future editions will of course depend on how soon Tom can return to this volunteer effort. Thank you for understanding.
The Energy Bulletin Daily is on hiatus while our dauntless co-editor, Tom Whipple, is out for health reasons. Future editions will of course depend on how soon Tom can return to this volunteer effort. Thank you for understanding.
Oil edged higher after a volatile week of trading as concerns over a global economic slowdown continued to dun the market. West Texas Intermediate futures rose 0.6% to settle above Continue Reading
Oil prices settled up on Friday as hopes of stronger Chinese demand and a weakening U.S. dollar outweighed concern about a global economic downturn and the impact of interest rate Continue Reading
From Paris to Mumbai, exchange rates are keeping fuel costly Oil is at record levels in Ghana, while Sri Lanka is shut out Sri Lanka recently shut its only oil Continue Reading
Oil flows from the Forcados terminal in Nigeria has been restarted following a months-long pause. Shell, the operator of the terminal, halted exports in mid-July due to a leak in Continue Reading
Colombian President Gustavo Petro is planning to end contracting for hydrocarbon exploration. The plan could endanger the country’s energy security. Some analysts warn that ending contracting for hydrocarbon exploration could Continue Reading
The Chinese city of Guangdong plans to start the of a massive 43.3 GW offshore wind farm. The location of the wind farm is ideal, with winds strong enough to Continue Reading
Large swaths of Australia’s southeast were under flood evacuation alerts on Saturday as the nation’s weather forecaster warned major flooding could hit parts of New South Wales devastated by floods Continue Reading
Cars are seen at an Exxon gas station in Brooklyn, New York City, U.S., November 23, 2021. REUTERS/Andrew Kelly HOUSTON, Oct 21 (Reuters) – Exxon Mobil Corp (XOM.N) shares passed Continue Reading
The Biden administration’s plan to continue releasing the Strategic Petroleum Reserves (SPR) “as appropriate” to bring down retail rates poses limited downside from current crude price levels, Goldman Sachs said Continue Reading
The top Republican in the US Senate called for the Biden administration to step up assistance for Ukraine, breaking with his counterpart in the House of Representatives who warned earlier Continue Reading
Analysts are becoming increasingly concerned about where oil prices might head following the midterms. The looming EU embargo on Russian oil could send prices significantly higher. The White House’s newly Continue Reading
The number of total active drilling rigs in the United States rose by 2 this week, according to new data from Baker Hughes published on Friday. The total rig count Continue Reading
The electric vehicle market in the United States is on track to grow by 390% by 2028. Major automakers like Ford and GM are joining the race, launching their own Continue Reading
Ukraine may need electricity imports – energy minister Energy system still stable, minister says in interview 30-40% of power infrastructure hit by Russian attacks KYIV, Oct 21 (Reuters) – Russian Continue Reading
The axing of the energy price guarantee from April next year could lead to almost 11m UK households falling into fuel poverty, campaigners have warned, which is about 26m people. Continue Reading
U.S. trade and energy policies have created a “double standard”, with Europe left paying higher prices for its natural gas, French President Emmanuel Macron said on Friday. France, the latest—and Continue Reading
Oil retreated on Friday after a volatile week as concerns over a global economic slowdown continue to hang over the market. Benchmark Brent futures traded near $91 a barrel amid Continue Reading
Oil prices are on course to post a weekly loss for the second week in a row, with economic fears continuing to trump market fundamentals. Comments from the Fed that Continue Reading
The major oil exporters in the Arab Gulf will see their economies grow at a lower rate next year compared to this year’s growth and previous expectations due to weaker-than-projected Continue Reading
Oil held gains as the market shrugged off measures from US President Joe Biden to tame rising energy prices that have fueled inflation. West Texas Intermediate for December traded near Continue Reading
Diesel inventories have fallen to dangerously low levels. U.S. refineries are churning out less diesel and exporting more amidst a period of high demand. An ongoing diesel shortage would lead Continue Reading
Venezuela’s largest refinery center stopped all operations on Tuesday following a fire and a blackout at the site. A small fire erupted at a vacuum tower at the Amuay oil Continue Reading
Iraqi state companies have been quietly prepping the massive Akkas gas field near the Syrian border to begin production, more than a decade after it was awarded to the Korean Continue Reading
Hope for the addition of 500,000 barrels per day (bpd) of crude oil to Nigeria’s daily output by the end of November to earn more revenue to finance the 2023 Continue Reading
CNOOC Limited has announced the first ‘deep-deep’ large gas field. CNOOC Limited has announced the first “deep-deep” large gas field, dubbed Baodao 21-1, which it says has proved gas-in-place of Continue Reading
Oil prices gained around $1 on Thursday as investor sentiment rose on news that China is considering a cut in the duration of quarantine for inbound visitors. Brent crude futures Continue Reading
New England is at risk of natural gas shortages this winter amid surging global demand that’s driving up US exports, according to the top federal energy regulator. Fuel availability “is Continue Reading
A total of 6,563 wells have been finished in Alberta this year with more than two months to go, versus 6,166 in all of last year. Alberta’s oil and gas Continue Reading
A bevy of climate policies championed by Canadian Prime Minister Justin Trudeau have not yet translated into steep pollution cuts in the country. Trudeau speaks during the Ottawa Climate Conference Continue Reading
Rasmussen reports: 83% of U.S. voters are concerned about high gasoline and home heating fuel prices. Many voters give Biden low marks for his energy policy. As of October 20, Continue Reading
The API, AXPC and EWTC have had their say. Several U.S. oil and gas associations have reacted after the Biden administration revealed that it was taking additional energy measures . Continue Reading
U.S. natural gas futures fell to their lowest since March on Thursday, after a federal report showed a larger-than-expected storage build last week and as the market is expected to Continue Reading
The flow of natural gas to liquefaction plants along the Gulf Coast has declined in October, largely due to maintenance and outages. S. LNG exports could start to rise this Continue Reading
U.S. says Iranian drones used to attack Ukraine Drone strikes destroy Ukrainian power, water facilities Ukraine seeks to cut power use by a fifth Battle for southern city of Kherson Continue Reading
Prime ministers of Italy and Belgium were among those to air frustration on Thursday with Germany’s refusal to cap gas prices as the 27 European Union leaders met for a Continue Reading
Spain, Portugal and France said on Thursday they will build a sea-based pipeline to carry hydrogen and gas between Barcelona and Marseille, substituting plans to extend the so-called MidCat pipeline Continue Reading
Hungary will not agree to an EU price cap on imported gas because it would end Russian deliveries, a senior aide to Prime Minister Viktor Orban said, adding that if Continue Reading
The German government may have to pour another up to $39 billion (40 billion euros) in saving the country’s largest natural gas importer, Uniper, on top of a multi-billion euro Continue Reading
For the first time since Russia invaded, Ukraine is facing large-scale nationwide disruptions to electricity and rolling blackouts from extensive damage to the country’s power infrastructure from Russian missile attacks Continue Reading
Germany’s parliament on Friday approved the government’s 200 billion euro ($195 billion) rescue package that aims to protect companies and households from the impact of soaring energy prices. It earlier Continue Reading
European industries are struggling to stay competitive amid soaring energy costs. Surging natural gas and electricity costs have resulted in a jump in operational costs for all industries, from steelmaking Continue Reading
Crude oil exports from the United States to France have fallen to zero for the first time in four years, Bloomberg has reported , citing industrial action at French refineries Continue Reading
Oil advanced as Chinese officials debate easing some Covid rules, a policy that has weighed on its economy and energy demand. Brent rose much as 1.6% to trade above $93 Continue Reading
Oil held gains as the market shrugged off measures from US President Joe Biden to tame rising energy prices that have fueled inflation. West Texas Intermediate for December traded near Continue Reading
Oil prices gained around $1 on Thursday as investor sentiment rose on news that China is considering a cut in the duration of quarantine for inbound visitors. Brent crude futures Continue Reading
Oil prices climbed on Wednesday, paring losses from the previous session, as investors jumped into riskier assets such as commodities amid gains in broader equity markets and on signs of Continue Reading
The OPEC Monthly Oil Market Report (MOMR) for October 2022 was published recently. The last month reported in most of the OPEC charts that follow is September 2022 and output Continue Reading
Flooding across Nigeria has hobbled gas production and decimated thousands of square kilometers of farmland, the country’s government said Wednesday, aggravating fuel and food shortages across Africa’s most populous nation Continue Reading
The Nigerian National Petroleum Corporation says that weeks of an intense crackdown on oil thieves have significantly reduced the scale of oil theft in the oil-rich Niger Delta and that Continue Reading