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Article Archive | Page 7

Can Saudi Arabia Actually Afford Vision 2030?

Sep 06, 2024 at 09:35

Saudi Arabia has long prided itself on being the lowest-cost oil producer in the world—and has taken maximum advantage of this fact. Now, with ambitious spending plans for…

Uzbekistan's Green Energy Revolution

Sep 06, 2024 at 09:33

A green-energy project in Uzbekistan to stabilize the country’s electricity distribution system has taken a major step toward launching before the end of 2024.  The Podrobno.uz…

Solving Nuclear Energy's Biggest Problem

Sep 06, 2024 at 04:40

As we go into a new nuclear energy era, there are renewed concerns about what to do with the waste generated from nuclear plants. Nuclear waste is toxic and…

Zelenskiy's Calculated Cabinet Overhaul, Explained

Sep 06, 2024 at 09:29

With Russia’s full-scale invasion at 30 months and counting, Ukrainian President Volodymyr Zelenskiy is trying to shake things up – on the battlefield and in the halls of…

Oil Majors and Traders Vye for Shell’s South African Assets

Sep 06, 2024 at 09:27

Oil trading giants and the national oil companies of some of the Middle East's biggest oil producers are in the race to buy Shell's South African service stations…

Afghanistan and Central Asia Collaborate to Boost Regional Trade

Sep 06, 2024 at 17:47

Now that the U.S.-led punitive expedition to Afghanistan has ended, regional trade patterns are returning to normal, as in pre-Soviet Union normal, enhanced by China’s Belt and Road Initiative and…

The High Price of “Cheap” Green Energy

Sep 06, 2024 at 09:24

Authored by Jonathan Lesser via RealClearEnergy, Like the Jeopardy! game show, green energy subsidies have been Congress’ answer to every energy policy question.

Hydropower Is on the Rise Around the World

Sep 06, 2024 at 04:20

In addition to the most popular renewable energy sources – solar and wind power - several countries are investing in the development of their hydropower capacity as they look to…

The Oil Industry's Evolution From Bush to Biden

Sep 06, 2024 at 09:19

One of the most popular articles I have ever written is Average Gasoline Prices Under The Past Four Presidents. It has been used…

Armenia Seeks U.S. Partnership for New Nuclear Power Plant

Sep 06, 2024 at 09:16

The future of nuclear energy in Armenia is fast emerging as another flashpoint of acrimony between Armenian and Russian leaders. The country’s aging Metsamor nuclear power…

Saudi Arabia's Economic Growth Defies Regional Instability

Sep 06, 2024 at 09:14

Via Middle East Eye Saudi Arabia’s economy has powered ahead despite Israel’s war in Gaza and Houthi attacks in the Red Sea, suggesting that the…

U.S. Oil, Gas Drillers Ease Up As Prices Crash

Sep 06, 2024 at 12:22

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The…

Why Has the Green Hydrogen Hype Faded?

Sep 06, 2024 at 04:29

Green hydrogen was the buzzword on everyone’s lips a couple of years ago, but the initial hype seems to have faded away as the industry takes time to build…

Toyota Slashes EV Production Goal Amid Global Slowdown

Sep 06, 2024 at 09:36

Japan’s Toyota Motor Corporation has drastically cut its electric vehicle production target by 30% compared to previous plans, on the back of the slower EV uptake globally, Nikkei reported…

Bearish Sentiment Has Taken Over Oil Markets

Sep 06, 2024 at 08:41

Bearish sentiment has well and truly taken over oil markets, with oil prices barely reacting to the OPEC+ decision to postpone its plan to boost production.

What Will It Take for Oil Prices to Rally Back Above $71.02?

Sep 06, 2024 at 04:03

Weekly Recap and Forecast: Light Crude Oil Futures Light Crude Oil futures came under significant selling pressure this week, breaching key support levels and intensifying bearish sentiment. After breaking through…

Libya's Oil Problems Are Far From Over

Sep 06, 2024 at 04:02

Politics, Geopolitics, & Conflict Libya’s exports remain blocked, and while there were some reports that some oil was getting out, it was largely for domestic use and some…

Why Oil Prices Fell Back Below $70

Sep 06, 2024 at 03:59

One of the biggest mistakes I have seen traders make over the years, and to be honest it is also something of which I have been guilty many times in…

Groundhog Day for OPEC

Sep 06, 2024 at 03:58

Both the API and EIA agree: U.S. crude oil inventories shrunk last week - by millions of barrels. U.S. crude oil inventories are down based on five-year averages.…

Bearish Traders Are Ruling the Oil Market Now

Sep 05, 2024 at 19:18

Despite a slight uptick in bullish bets last week, portfolio managers have slashed their long positions in oil futures over the past two months, fearing slowing demand and…

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