The ‘energy crisis’ and its global implications
A particular news caught my attention this morning regarding energy crises. Before going into the depth of the news, I would like to introduce you to the concept of energy Continue Reading
World’s Top Oil Trader Vitol Sees OPEC+ Controlling Crude Market
A Vitol Group oil storage site in Cyprus. OPEC+ appears in control of crude prices as U.S. production is lagging pre-pandemic levels, according to a senior executive at the world’s Continue Reading
Steel-Plant Fire in Iran Is Latest in Spate of Incidents
Blaze at the state-owned Tondgooyan Petrochemical Co. south of Tehran, Iran, on June 3. Sign up for our Middle East newsletter and follow us @middleeast for news on the region. Continue Reading
Saudi Arabia Says It is No Longer An Oil Producing Country
When Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman announced that Saudi Arabia was no longer an oil-producing country, he likely didn’t mean literally. “Saudi Arabia is no longer an Continue Reading
Qayarah field resumes production
production has resumed at the Qayarah heavy oil field in Ninewa province after a 14-month shut-in due to protests at export terminals, OPEC-plus output restrictions, and disputes over crude transport, Continue Reading
Scientists develop ‘cheap and easy’ method to extract lithium from seawater
(Reference image by Benjamín Núñez González, Wikimedia Commons). To address this issue, the team led by Zhiping Lai tried a method that had never been used before to extract lithium Continue Reading
If Covid Did Escape From a Wuhan Lab, Brace Yourself
Did it all start right here? Ever since President Joe Biden ordered U.S. intelligence agencies to investigate reports that the Covid-19 virus might have escaped from a laboratory in Wuhan, Continue Reading
Pipeline foes gear up for large northern Minnesota protest
Environmental and tribal groups opposed to Enbridge Energy’s ongoing effort to replace its aging Line 3 crude oil pipeline are planning large protests in northern Minnesota as the Canadian-based company Continue Reading
China’s imports grow at fastest pace in decade as materials prices surge
China’s imports grew at their fastest pace in 10 years in May, fuelled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by Continue Reading
Who Will Control Canada’s Most Important Pipeline?
An under-the-radar hearing on the way shippers will contract volumes on Canada’s key crude oil export pipeline began last month in what could turn out to be the most important Continue Reading