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Article Archive | Page 7

Are Armenia and Azerbaijan Finally Near a Peace Agreement?

Jul 15, 2024 at 08:52

NATO’s 75th anniversary summit in Washington in some ways mimicked the very first gathering of the Atlantic Alliance back in 1949, especially in the way Western leaders fixated…

Energy Services Employment Rebounds

Jul 15, 2024 at 09:56

U.S. oilfield services jobs saw another month of job gains in June, pointing to continued improvement in the energy sector job market, while overall U.S. jobs growth moderates and the…

Why Taxpayers Are Footing the Bill for Risky Coastal Development?

Jul 15, 2024 at 09:16

A reader of mine asked the following question in a recent email: If climate change is such a threat, how come U.S. coastal properties continue to rise in…

Oil Prices Muted After Shooting at Trump Rally

Jul 15, 2024 at 08:29

The oil market and the U.S. stock futures were calm early on Monday morning after the U.S. was rattled by the assassination attempt on former president Donald Trump during a…

Novatek's LNG Ambitions Hindered by Geopolitical Tensions

Jul 15, 2024 at 06:37

Natural gas sales of Russian gas producer and LNG exporter Novatek dropped in the second quarter and first half of this year compared to the year-ago periods, the company said…

Argentina's Shale Patch to Boost Oil Exports with Supertankers

Jul 15, 2024 at 04:58

Supertankers could begin docking in Argentina to load oil from the country’s shale patch after a pipeline is set to connect the Vaca Muerta shale play with a terminal at…

Kuwait Announces Massive Offshore Oil and Gas Discovery

Jul 15, 2024 at 01:31

One of the Middle East’s largest oil producers, Kuwait, announced on Sunday a “huge” discovery of oil and associated gas in an offshore field east of Failaka Island.  Preliminary…

Oil and Gas Are Here To Stay

Jul 12, 2024 at 08:57

The energy transition is showing signs of losing momentum over the past few months. EV sales are slowing, wind and solar capacity additions are not expanding fast enough,…

Middle East Drilling Demand Growth Scaled Back

Jul 12, 2024 at 14:52

Maritime Strategies International (MSI) has scaled back its Middle East Gulf region jackup drilling demand growth after Saudi Aramco suspended contracts for over 20 jackups. Saudi Aramco's surprise move came…

AI's Rapid Growth Threatens Energy Industry, Economy, and Climate

Jul 12, 2024 at 06:21

The growth of Artificial Intelligence has come on so strong and so fast that it threatens to destabilize the energy industry, the economy, and the climate.  Last week, Google stated…

Could China Help Mexico Become A Green Energy Powerhouse?

Jul 12, 2024 at 06:05

Mexico and China are quickly establishing one of the largest trade routes in the world. Trade between the two counties shot up by 60 percent compared to last year, making…

Southeast Asia Poised for $100 Billion Offshore Gas Boom

Jul 12, 2024 at 06:17

Offshore gas production in Southeast Asia is poised to unlock a $100 billion potential, driven by a flurry of planned final investment decisions (FIDs) expected to materialize by…

International Oil Companies Caught in Kurdish Smuggling Web

Jul 12, 2024 at 06:14

Kurdistan hasn’t been able to export its oil via a pipeline for more than a year now, but crude continues to flow out of the semi-autonomous Iraqi region—on tank trucks…

Banks Still Play a Major Role in Oil and Gas Funding

Jul 12, 2024 at 06:11

Despite increasing pressure to defund oil and gas firms in support of international decarbonisation efforts, many major banks are continuing to provide financing to fossil fuel companies. A recent

Azerbaijan Envisions Turkic States as 'Prominent International Force'

Jul 12, 2024 at 06:09

As they eagerly pursue an expansion of trade relations with the West, the leaders of Turkic states in Eurasia are clearly wary of importing Western values. This dichotomy…

Automakers Hit the Brakes on Electric Vehicle Investments

Jul 12, 2024 at 06:07

Via Metal Miner Month over month, the Automotive MMI (Monthly Metals Index) failed to break very far outside…

Houston we Have a Problem

Jul 13, 2024 at 10:31

Hurricane Beryl barreled through Houston last Monday leaving over three million electric utility customers without power in the sweltering summer heat. Hurricanes, despite appearing with increasing frequency and greater force,…

India Looks to Russia for Reliable Uranium Supply

Jul 12, 2024 at 05:55

For the first time in five years, Indian Prime Minister Narendra Modi landed in Russia for a state visit on Monday, where he is holding talks with President Vladimir Putin…

Zimbabwe's Steel Industry Revitalized with New $1.5 Billion Plant

Jul 12, 2024 at 05:51

Via Metal Miner Zimbabwe’s got itself a brand new iron and steel manufacturing plant, courtesy of the Chinese.…

China's Role in Russia-Ukraine War Draws Scrutiny at NATO Summit

Jul 12, 2024 at 05:47

As NATO leaders gathered in Washington for a landmark summit and issued "irreversible" support for Ukraine and deep criticism of Beijing for…

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