The EV Boom Is Coming Much Earlier Than Expected
The electric vehicle (EV) boom is now expected to come five years earlier than originally anticipated, in 2033, according to new research. Based on new Ernst & Young AI analysis Continue Reading
Annual Reserve Revisions Part IV: Shale Producers
This follows on from Part I, which looked at EIA reserves and revision estimates for US as a whole and the GoM, and concentrates on the on-shore tight oil and Continue Reading
U.S. shale industry tempers output even as oil price jumps
Oil price gains raise the ante but shale producers sit pat Restraint gives OPEC room to add more oil to global market Biggest shale firms focus on improving returns, not Continue Reading
Americans Are Leaving Unemployment Rolls More Quickly in States Cutting Off Benefits
The number of unemployment-benefit recipients is falling at a faster rate in Missouri and 21 other states canceling enhanced and extended payments this month, suggesting that ending the aid could Continue Reading
Wastewater Problem Could Cap U.S. Shale Growth
Hydraulic fracturing, the technology that made the United States the world’s top oil and gas producer, has earned a really bad rap. Much of this ill reputation has had to Continue Reading
Reports blame regulators, gas generation for Texas’ mid-February storm blackouts
New reports blame Texas’ mid-February energy emergency on the state’s energy regulatory structure and gas-fired generation, and less than a third of Texans think state government “will adequately tackle issues” Continue Reading
Mayor of London launches England’s first hydrogen double-decker buses
The Mayor of London, Sadiq Khan, launched England’s first hydrogen double-decker buses. The 20 new buses are the first of their kind to be launched in England; the new hydrogen Continue Reading
Gazprom plans July 6-10 maintenance on Yamal-Europe gas pipeline
Russian gas giant Gazprom (GAZP.MM) said on Monday that gas transportation via the Yamal-Europe pipeline would be suspended from July 6-10 as it undergoes planned maintenance work. Maintenance work on Continue Reading
Russia on the back foot as third Covid wave surges
Russia has introduced tough new restrictions including regional lockdowns and compulsory vaccinations in a belated response to a third coronavirus wave sweeping the country. President Vladimir Putin has rowed back from Continue Reading
Next 2 Weeks Will Be Extraordinarily Tight for Oil
The next two weeks ahead of the OPEC+ policy meeting on July 1 will be extraordinarily tight for the oil market, according to Rystad Energy. The next two weeks ahead Continue Reading