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U.S. Airlines Set To Pocket $40 Billion As Jet Fuel Prices Crash
U.S. airlines stand to save billions in dollars on jet fuel costs after the US-Iran peace deal sent ...
Russia Rations Fuel in Crimea as Ukraine Targets Oil Infrastructure
Russian-installed authorities in occupied Crimea have suspended fuel sales to private individuals an...
British Pound rises as US-Iran talks offset UK political shock
The Pound Sterling advances some 0.14% on Monday as the US-Iran negotiations laid a “good foundation...
Political and Economic Shifts Cause Massive 42% Clean Energy Slump
The world’s largest two economies, the United States and China, are both majorly cooling off on investments in clean energy manufacturing, but for very different reasons. In China, the decline in inve ...
Denmark Just Made Carbon Capture History, And Almost Nobody Noticed
For years, carbon capture and storage (CCS) has existed in a strange political limbo. Governments praise it in climate strategies. Heavy industry quietly depends on it in their net-zero roadmaps. Envi ...
Grid Bottlenecks Could Slow Southeast Asia’s Power Demand Surge
Data centers, electric vehicles (EVs), and green industrial clusters are expected to lead to about 100 terawatt-hours (TWh) of incremental power demand in Southeast Asia by 2030, but slower grid infra ...
Who Pays When Utility Managements Screw Up?
Please excuse the infelicitous wording, but that is what this is all about. Not missteps or misjudgments but genuine, massive screw-ups. Policy makers in the United States worked out that problem over ...
The Iran War Could Trigger a Global Fertilizer Shock
The loss of fertilizer shipments coming from the Persian Gulf as a result of the Iran war got me thinking about the chemist Justus von Liebig, a prominent 19th-century proponent of the mineral theory ...
NextEra-Dominion Energy Merger To Create World’s Largest Electric Utility
Leading clean energy utility, NextEra Energy (NYSE:NEE), has agreed to buy Dominion Energy (NYSE:D) in an all-stock transaction valued at $66.8 billion, marking the largest power utility acquisition o ...
Did Trump Trade Taiwan To China To End The Iran And Russia Wars?
As U.S. President Donald Trump landed in Beijing last Wednesday for a two-day summit with his Chinese counterpart Xi Jinping, his aides would have been acutely aware that he had faced extensive critic ...
European Airlines Say Jet Fuel Supply Is Under Control for Summer
European airlines are becoming increasingly confident the continent would avoid a jet fuel shortage this summer as refiners maximize jet fuel output and buyers diversify imports to offset supply losse ...
U.S. LNG Is Becoming the Backbone of Global Gas Supply
For years, global LNG markets operated under a fairly comfortable assumption. Qatar would remain a stable supplier, the Middle East would continue functioning as the center of global LNG trade, and bu ...
Australian Strike Could Worsen World's Already Strained LNG Markets
An Australian trade union is threatening to start a strike at an LNG export facility from May 27, in a two-week-long industrial action that could further tighten the global LNG supply, which is alread ...
Brazil’s Record Oil Production Comes at a Crucial Moment for Global Markets
Recent oil price shocks in response to the closure of the Strait of Hormuz underscore the importance of oil-producing countries outside of the Middle East. One of the most important is Brazil, Latin A ...
New Fed Chair Faces Pressure as Oil Prices Fuel Inflation
The U.S. Federal Reserve is set to begin a new era after former governor Kevin Warsh won a highly polarized 54-45 Senate confirmation vote to replace Jerome Powell as the Fed Chair. A close ally of U. ...