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Moscow Refinery May Stay Offline Until 2027
The Moscow Oil Refinery is highly unlikely to resume production before 2027 after suffering extensiv...
Leading investment bank tells investors to prepare for every scenario as policy uncertainty lingers
UBS is urging investors to build portfolios that can withstand a range of outcomes, arguing that pre...
United States EIA Crude Oil Stocks Change came in at -6.088M, below expectations (-5.1M) in June 19
United States EIA Crude Oil Stocks Change came in at -6.088M, below expectations (-5.1M) in June 19...
Indian Refiners Freeze Domestic Jet Fuel Prices
Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes, Bloomberg has reported, adding that in April, jet fuel prices jumped by ...
Goldman Sachs Sees Oil Demand Destruction Offsetting Supply Shock Risks
Demand destruction resulting from higher prices will somewhat soften the blow from physically tighter oil markets, Goldman Sachs commodity analysts said in a note. “We see significant upside price ris ...
Oil Prices Rise as Israel Expands Lebanon Offensive
Oil prices climbed in early Asian trading on Monday as Israeli troops moved further into Lebanon over the weekend, adding fuel to fears that the broader Middle East conflict is moving toward escalatio ...
The Iran War’s First 90 Days Upended Energy Markets
The Iran war suddenly turned what had started as a year of oversupply in global oil and LNG markets into the worst oil and gas supply disruption in history. Three months after the U.S.-Israeli strikes ...
Britain’s Nuclear Renaissance Faces Mounting Cost Pressures
The United Kingdom is focused on diversifying its energy mix away from fossil fuels to boost energy security and support decarbonisation aims. This includes expanding its nuclear power capacity with t ...
Spent Nuclear Fuel Could Be America's Answer to Russia's Uranium Grip
Nuclear fuel is becoming a geopolitical battleground as the world increasingly turns to nuclear energy to contend with skyrocketing energy demand projections. The combination of an oil-based energy cr ...
The Race to Build the World’s Largest Solar Farms Is Accelerating
Over the last two decades, solar panels have fallen in price while efficiency has increased. Greater uptake and high levels of investment in research and development have led to vast improvements in s ...
China’s Oil Buying Pause Won’t Last Forever
China has been cited as an example of a country that has managed to insulate itself relatively well against oil crises. With over a billion barrels in estimated inventories before the war in the Middl ...
America’s LNG Boom Is Real — But China Is Planning Beyond It
The Iran war has handed the United States a rare opportunity: a new dawn of energy dominance in an increasingly fractured world. With coordinated US-Israeli strikes disrupting the Strait of Hormuz fro ...
Cuba Bets on Solar Power as Energy Crisis Deepens
Cuba has been experiencing a worsening energy crisis for several years, which previously led it to rely heavily on Venezuela for its fuel. Following the United States’ intervention in Venezuela in Feb ...
Morocco Is Emerging as a Renewable Energy Superpower
Morocco is rapidly becoming a renewable energy powerhouse thanks to its favourable weather conditions and proximity to Europe. The North African country has rapidly developed its solar energy sector a ...
How a Regional Gulf Coast Port Became America's Crude Oil Export Capital
Three decades ago, I had just graduated from Texas A&M University and taken my first job as a chemical engineer in Corpus Christi, Texas. At the time, few people would have expected that this Gulf Coa ...