Is Iran Preparing To Send Oil Back To $100?
Two of Saudi Arabia’s key oil sites are attacked and its oil production is more than halved but the US$70-75 per barrel of Brent oil barrier holds firm. The U.S. Continue Reading
Could ISIS Take Control Over Iraq’s Largest Oil Field?
As always, it’s the fear of sanctions that provides the leverage Trump seeks in this cat-and-mouse game with Iran. And this time, the leverage is over Iraq, which would like Continue Reading
Oil workers injured in shootout near Halfaya
Two Chinese oil workers and an Iraqi security guard are in stable condition after their work transport bus was caught in the middle of a gun battle between rival tribes Continue Reading
Phase 1 commodity targets likely more than China can chew: analysts
Commodity traders and analysts are struggling to map out how China will reach the eye-popping amounts it is committing to buy from the United States under Phase 1 of their Continue Reading
James Murdoch attacks father’s news empire over bushfires
James Murdoch has criticized his father’s news outlets for promoting false skepticism about climate change as deadly bushfires tear across Australia, the original home of Rupert Murdoch’s news empire. In Continue Reading
Piracy spike in Singapore Strait prompts calls for tighter security
Coastal nations around the Singapore Strait must step up surveillance and patrols of the strategic waterway after a sharp rise in piracy incidents last year, maritime watchdog ReCAAP said on Continue Reading
Kia Motors to offer 11 EVs by 2025, targeting a 6.6% global EV market share; launching dedicated EV model in 2021
Kia Motors Corporation announced details of ‘Plan S’, its mid- to long-term strategy aimed at progressively establishing a leadership position in the future automotive industry, encompassing electrification and mobility services, Continue Reading
Bill aims to convert all diesel school buses to electric in Virginia
The bill will fund replacing schools’ current diesel school buses with electric ones. Legislation was introduced to the Virginia House of Delegates that would create a grant to replace diesel Continue Reading
Smooth Sailing for Ships After Historic Fuel Switch
A major switch in maritime fuel aimed at reducing emissions from ships is proceeding smoothly, shipping executives say, with new blends available in most ports and operators reporting few problems Continue Reading
Short-Term Energy Outlook
This edition of the Short-Term Energy Outlook is the first to include forecasts for 2021. EIA forecasts Brent crude oil spot prices will average $65 per barrel (b) in 2020 and $68/b Continue Reading