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US Crude Oil Inventories Continue To Falter, SPR Struggling To Pick Up the Slack
The American Petroleum Institute (API) estimated that crude oil inventories in the United States fel...
Tech drags down world stocks, oil dips on supply hopes
A slump in high-flying technology stocks dragged down global markets Tuesday, with Wall Street tumbl...
The ‘Magnificent Seven’ correction may actually be a sign of a healthy stock market
The Big Tech grouping officially fell into correction territory on Tuesday as mounting concerns abou...
Explosion at Qatar’s Ras Laffan LNG Injures Dozens
More than fifty people were injured, and 18 were still unaccounted for as of early Monday following an explosion and a fire at Qatar’s key LNG site, Ras Laffan, due to a technical malfunction. Stat ...
Analysts Warn China’s Oil Demand May Never Fully Recover
China’s crude oil imports could remain permanently depressed, energy analysts have predicted, citing demand destruction resulting from the electrification of transport in the world’s largest oil impor ...
Big Business Urges Faster Electrification
A group of major international corporations has urged governments to speed up the electrification of business to reduce reliance on “volatile fuel markets”, Reuters reported today, citing a letter pen ...
Qatar Races to Restore LNG Exports Despite Ras Laffan Setback
Qatar is calling back empty LNG carriers in preparation for the restart of exports despite ongoing repairs at the Ras Laffan complex, and an explosion that rocked the facility on Sunday. Three carrier ...
The AI Arms Race Isn’t About Technology – It’s About Electricity
Two and a half years ago, NVIDIA was a $300 billion gaming chip company. Today it's the most valuable company in history at over $4 trillion. Investors who saw what was coming and got positioned early ...
Britain’s Energy Crisis Is Driving Manufacturing Offshore
The UK risks a major wave of deindustrialization and widespread factory closures unless the government expands emergency relief measures for manufacturers battling soaring energy costs, a prominent ma ...
Equinor Expands Giant Troll Field as Europe Hunts for More Gas
Equinor and its partners are investing more than NOK 4 billion ($390 million) to expand the Troll field, a giant North Sea asset that supplies around 10% of Europe's natural gas and contains 40% of No ...
G7 Takes Aim at China’s Grip on Critical Minerals
The leaders of the G7 have created a strategic alliance on critical minerals in a coordinated effort to break China’s oversized control of the metals and minerals and rare earth elements crucial to th ...
Energy Security, Not Climate Goals, Is Now Driving the Clean Power Boom
While ships are beginning to trickle through the Strait of Hormuz after months of near-total closure, it will be a very long time before the effects of this year’s energy crisis fade from the global e ...
Iraq Is Keeping Its Syria Oil Route—Even If Hormuz Reopens
Nobody, especially not Iraq, wants to be caught relying on Hormuz ever again. Iraq is preparing to export crude oil and naphtha through Syria's Mediterranean port of Baniyas, expanding an emergency wo ...
China Is Taking Its AI Boom Under the Sea
The data centre industry has taken off in the last few years, as tech companies look to develop the massive computing power needed to run complex operations, such as artificial intelligence. Thousands ...
Why Small Modular Reactors Are Becoming a National Security Priority
For decades, energy policy in Washington was debated on the basis of economics, climate change, and domestic politics. That era is over. The United States is entering a period where energy security mu ...