Is A Major Oil Price Breakout On The Horizon?
U.S. West Texas Intermediate crude oil futures are trading slightly better on Friday as Hurricane Laura moved beyond the heart of the U.S. oil industry in Louisiana and Texas without Continue Reading
The Collapse Of Oil Price Volatility
1. Oil volatility collapses – For two months, the oil market has been incredibly boring. Brent futures have not moved more than $1 per barrel in either direction over a Continue Reading
A Major Hurricane Capped Oil Output and Prices Barely Budged
Looking at the oil market over the past week, it would be hard to tell that the strongest hurricane in more than a century tore through the Gulf of Mexico Continue Reading
Which Is The Better Investment: Big Oil Or Renewables?
The COVID-19 pandemic has shot holes in every industry on the planet, but in particular, the energy industry. It has highlighted our shortcomings and our failures to move beyond fossil Continue Reading
Saudi Troops Join U.S. Base In Oil-Rich Northern Syria
Twenty Saudi soldiers arrived this week at a U.S. military base close to an oilfield in northeastern Syria, according to Iranian media , which cite a report from a Lebanon-based Continue Reading
ISIS Blamed For Syria Pipeline Attack
ISIS is believed to have been behind a major attack on Syria’s energy infrastructure earlier this week that caused a nationwide blackout following an explosion at the Arab Gas Pipeline. Continue Reading
How Natural Gas Changed Everything For Israel
Gas Gave Israel Geopolitical Leverage. That Changes Everything The Mediterranean is about to become an even bigger fossil fuels minefield in the coming weeks as Israel has ratified the underwater Continue Reading
Nigeria’s Aliko Dangote, Africa’s Richest Man, Bets on a Vast Oil Refinery
On a peninsula east of Lagos, 30,000 workers are employed on a project that holds out the promise of transforming Nigeria’s economic fortunes. It’s here that Aliko Dangote, Africa’s richest man, Continue Reading
Nigeria Prepares For An Extended Period Of Low Oil Prices
Nigeria is preparing for an extended period of low oil prices, Muhammadu Buhari, the president of the biggest oil producer in Africa, said at an energy event on Friday. Nigeria Continue Reading
India Must Give Up Coal to Aid Climate Efforts, UN Chief Says
ndia must stop building coal infrastructure and focus on renewable power generation to aid the global fight against climate change and lift its citizens out of poverty, United Nations Secretary-General Continue Reading