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Iran’s Pezeshkian says no negotiation on ballistic missiles
Iran’s President Masoud Pezeshkian said that Tehran’s ballistic missile program will not be included...
Euro weakens below 1.1400 as Fed hike bets lift US Dollar
The EUR/USD pair trades on a negative note near 1.1380 during the early Asian trading hours on Wedne...
BoJ Summary of Opinions: Member says suitable to keep hiking as conditions remain accommodative
The Bank of Japan (BoJ) published the Summary of Opinions from the June monetary policy meeting, wit...
JODI: Saudi Arabia Crude Exports Sink To Record Lows
Saudi Arabia's crude oil exports plummeted to 4.974 million barrels per day (bpd) in March, marking the lowest level on record since the Joint Organizations Data Initiative (JODI) began tracking the d ...
A Clean Shipping Crunch Is Looming Amid a Conventional Fuel Shortage
The escalation of conflict across the Middle East and the disruption to energy flows through the Strait of Hormuz have introduced a variable into the maritime energy transition that regulatory framewo ...
US Crude Oil, Gasoline Inventories Sinking Fast
Crude oil inventories in the United States decreased by 7.9 million barrels during the week ending May 15, according to new data from the U.S. Energy Information Administration (EIA) released on Wedne ...
Energean Slashes Dividend After Israel Gas Shutdown Cuts Output
UK-based oil and gas producer Energean plc on Wednesday slashed its first-quarter dividend and full-year production outlook following a 41-day halt to production at a gas field offshore Israel due to ...
How 3D Printing Could Unlock America’s Untapped Hydropower
Hydropower is the quiet workhorse driving the global clean energy transition. Although it gets just a mere fraction of the media and political attention that solar and wind energy do, hydropower is by ...
Utilities Are Betting Billions on a Technology That Could Become Obsolete
If we think of electricity purely as a commodity, then we should apply to it the one financial rule that dominates all commodity markets everywhere: the lowest cost producer always wins. The logic beh ...
Equinor and Eneco Sign New Long-Term Gas Supply Deal
Europe’s post-Russian energy system is increasingly being built around Norwegian gas. As the continent continues adapting to the fallout from Russia’s invasion of Ukraine, Norwegian natural gas has em ...
Venezuela Tries to Convince Big Oil It’s Safe to Come Back
Venezuela is making a fresh pitch to foreign oil companies: this time, if things go sideways, you may not have to fight it out in Caracas. Oil Minister Paula Henao said Tuesday that Venezuela’s new hy ...
India Curtailed 300 GWh of Clean Energy in Q1 as Grid Lags Solar Build
India's electricity grid is expanding at a slower pace than the boom in renewable energy installations, leading to increased share of clean energy curtailments and threatening to slow the solar and wi ...
Oil Prices Fall After Trump Pauses Planned Iran Strike
Oil prices dropped in early Asian trade on Tuesday after President Trump said he had paused a planned military strike on Iran to allow negotiations to continue. At the time of writing, Brent front-mon ...
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 ...
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 ...