The Start Of A New Oil Market Supercycle
It is over-simplification to say the world has been overwhelmed with too much oil and gas and inadequate drivers of demand for them over the last few years. Price movements Continue Reading
In the Battle Over the Senate, Both Parties’ Candidates Are Playing to the Middle on Climate Change
People march from the U.S. Capitol to the White House for the People’s Climate Movement on April 29, 2017 in Washington, D.C. Credit: Astrid Riecken/Getty Images This piece introduces a Continue Reading
Climate Change Report: Coronavirus Will Not Slow Global Warming
Carbon emissions are on the rise again after a short blip when the pandemic brought entire industries and international travel to a halt. Emissions from burning fossil fuel dropped by Continue Reading
OPEC+ Output Cuts Increasingly Important For Oil Market Recovery
Despite a moderate price rebound on Wednesday, oil markets have been under significant pressure since last week. Brent prices closed the week at $42.66, down by 6.88% w/w , while Continue Reading
ICCT analysis finds UN’s aircraft CO2 standard lags current technology by more than a decade
A new analysis of commercial aircraft fuel efficiency from the International Council on Clean Transportation (ICCT) finds that the UN’s aircraft CO 2 standard lags current technology by more than Continue Reading
Wild weather this year shows growing impact of climate change, scientists say
The planet is showing signs it’s in peril. In recent weeks, the world has seen ferocious wildfires in the U.S. West, torrential rains in Africa, weirdly warm temperatures on the Continue Reading
OPEC+ crude oil output rises in August as record cuts ease: Platts survey
Highlights OPEC pumps 24.37 mil b/d, non-OPEC adds 12.67 mil b/d Saudi Arabia slightly below quota, while Russia just over UAE crude production surges to 2.74 mil b/d Iraq under Continue Reading
U.S. to Cut Its Force in Iraq to About 3,000 Troops, Commander Says
The Trump administration will cut the number of U.S. troops in Iraq to about 3,000 this month, a top military commander said in the country on Wednesday, a reduction from Continue Reading
Saudi Arabia to keep pumping despite fall in crude prices
Saudi Arabia plans to keep oil production steady despite a recent slump in prices, fearing any bigger output cuts would lead rivals in Opec to increase supply. Five people briefed on Continue Reading
UAE’s Nuclear Power Pivot Comes At A High Cost
The United Arab Emirates have just become the first Arab nation to operate a nuclear plant as its 5.6GW Barakah nuclear plant achieved criticality on its Unit 1 in the Continue Reading