energy
...but total crude stocks rose for the first time in six weeks.
EU countries are making a mockery of energy sanctions against Russia, with Spain the latest example...
Rising oil exports provide vital fiscal support for Iraq, where crude sales generate about 90% of government revenue...
The flurry of activity suggests geopolitical jostling is intensifying over the Central Asian state, apparently catalyzed by the recent Iranian-Israeli conflict...
The future of AI won’t be decided by what’s possible in silicon. It will be determined by what’s deliverable in steel, concrete and kilowatt-hours.
The country's minister for business and mineral resources emphasized a desire for only 5 to 10 active mines at any given time, prioritizing high environmental, social, and governance standards...
The new law pairs mandatory curtailment with a voluntary demand response procurement program...
It comes as little surprise that yet another grandiose techno-utopian vision has ended not with a triumphant march toward Net Zero, but with a flick of the off-switch...
Facing a “tidal wave” of new AI projects, companies are increasingly partnering with natural gas companies to “fuel the new era of demand.”
The probability of a major supply disruption (e.g. a Strait of Hormuz closure) has retreated from a peak of around 15% to its very low early-June level and is now below 4%...
Europe’s refusal to sign long-term LNG deals or develop local hydrocarbon resources is backfiring...
We're doing everything possible now to sweep out the nonsense...
Leviathan, operated by U.S. supermajor Chevron, was shut down on June 13, after the Israeli strike on Iranian nuclear sites that escalated hostilities in the region...
It appears that after we spent years pounding the table on the sector, someone else also figured out that energy stocks are trading at single digit PEs.
...fifth straight week of crude inventory drawdowns.
The two former executives are under investigation for alleged corruption, embezzlement, abuse of office, and kickbacks from contractors.
“Previously, half a billion cubic meters per day went through the gas pipelines to the West, but now it does not, and the question of what to do with this gas is very urgent...”
Hedging activity spiked on June 12-13 to a record high...