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Saudi Arabia Plans Massive Expansion of Oil Pipeline to Bypass Hormuz
Saudi Arabia plans to raise the capacity of its East-West onshore oil pipeline that helps it bypass ...
Fed’s Waller: Trump is a threat to Fed independence
Federal Reserve (Fed) Governor Christopher Waller said in the Bloomberg New Economy Forum 2026 discu...
IMF Warns Middle East War Could Derail Global Economic Growth
The energy crisis sparked by the war in the Middle East remains the biggest risk for the global econ...
China’s Fuel Oil Exports Hit 2026 High as Shipping Demand Rebounds
China exported 577,000 barrels daily of fuel oil last month, which was the most since the start of the year and an 18% increase from June 2025, Reuters reported today, citing official customs data. At ...
LNG Shipments Through Strait of Hormuz Grind to a Halt as Conflict Escalates
Exports of liquefied natural gas via the Strait of Hormuz appear to have ground to a halt over the past three days, data from tanker-tracking firms have suggested, while oil tanker traffic has shrunk ...
Gulf Oil Exports Briefly Recovered to Pre-War Levels Before Latest Escalation
Crude oil and condensate exports from the Persian Gulf rose to pre-war levels in the first half of July, data from Kpler and Vortexa shows, as cited by Reuters, reaching between 12 and 13.6 million ba ...
Europe Was Supposed to Run Out of Jet Fuel by June. It Didn’t
Early warnings surrounding the Strait of Hormuz suggested that European airports and fuel markets could face physical shortages by the beginning of summer. Those shortages largely failed to materialis ...
What Are Mineral Rights? The Complete Guide to Owning, Leasing and Selling Them
Millions of Americans own oil and gas mineral rights and have no real idea what that means. Some inherited a folder of yellowed documents from a grandparent's estate. Some bought a piece of land and a ...
Hormuz Closure Exposes Africa's Energy Dependence on Iran and China
The ongoing restrictions on fuel trade, following the closure of the Strait of Hormuz, have led to widespread energy shortages in several parts of the world, demonstrating the vulnerabilities in many ...
Energy Storage Key To Avoiding The Next Energy Crisis
Europe is working hard to increase the share of renewables in the continental energy mix. European Union nations have been working to add wind and solar capacity as quickly as possible against the bac ...
Europe's Heatwave Is Becoming an Energy Crisis
The intense early summer heatwave in Europe is warming the biggest rivers and drying up their water levels, disrupting energy deliveries, power generation, and key supply chain routes. The heatwaves i ...
What Is a Microgrid? How They Work and Why They're Suddenly Everywhere
When Hurricane Maria flattened Puerto Rico's power grid in 2017, one building in the mountain town of Adjuntas never went dark. Casa Pueblo, a local environmental group, had already wired its headquar ...
Canada Unveils New Pipeline to Cut Reliance on U.S. Oil Routes
A new oil pipeline could connect eastern and western Canada as the oil-rich country seeks to become more self-reliant and reduce its energy dependence on the United States. However, not everyone is in ...
U.S. Scientists Tap Seawater to Break China's Rare Earth Monopoly
Competition for critical minerals used in the energy, manufacturing, and tech sectors is heating up to be a major geopolitical flashpoint around the world. The supply chains for essential ingredients ...
Oil and Gas Employment Hits a 2026 Low Even as Production Sets Records
Chevron is cutting up to 9,000 jobs this year. That's a fifth of its global workforce, gone, while it digests the $53 billion Hess deal. ExxonMobil trimmed 2,000. BP shed more than 5 percent of its st ...