As Europe races to get enough energy for winter, national economies are battling recessions, and energy giants battling bankruptcy. Even if European countries manage to survive winter, as it appears Continue Reading
Earlier this week, the UK government lifted the moratorium on hydraulic fracturing in England, removing what seems the biggest obstacle to greater energy security. According to geologists, however, this is Continue Reading
The UK government has lifted the moratorium on shale gas production in England. The UK department for Business, Energy and Industrial Strategy (BEIS) has announced that, to bolster the UK’s Continue Reading
Oil rose on Thursday after sliding 1% in the previous session on the prospect of higher Chinese demand and geopolitical risks. Brent crude futures were up $1.09, or 1.21%, to Continue Reading
Natural gas has retreated from recent highs as European countries are reaching storage capacity levels. U.S. natural gas prices have hit a fresh six-week low, closing at $7.75/MMBtu on Monday. Continue Reading
Oil jumped more than 2% on Wednesday after Russian President Vladimir Putin announced a partial military mobilization, escalating the war in Ukraine and raising concerns of tighter oil and gas Continue Reading
The recent downturn for copper prices only stands to worsen a coming deficit as the slump discourages new investments for the metal used in EVs and power grids. Molten copper Continue Reading
The United Nations General Assembly meets in New York on Wednesday, Sept. 21, 2022. Photographer: Jeenah Moon/Bloomberg Between floods that ravaged Pakistan and droughts that parched Europe and China, and Continue Reading
Iraq’s highest court has struck down the government order that created the Iraqi National Oil Company (INOC) two years ago, dealing a crippling setback to a nascent effort to restructure Continue Reading
In view of the massive vandalism and rising cases of oil theft in Nigeria’s oil producing region, the Director of Operations, PPC Limited, Dr. Patrick Ede, has advised the federal Continue Reading
