Energy
Emergency Oil Releases Risk Draining the World’s Last Supply Cushion
Earlier this week, the International Energy Agency, after consulting with G7, said it would release another 100 million barrels of…
Category: Energy
Energy
Energy
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade routes and…
Energy
Pemex Needs Nearly $110 Billion to Hit Mexico’s Output Targets
Mexico is dependent on oil and gas imports for two-thirds of its energy consumption, despite the fact that the country…
Energy
Southeast Asia Needs More Power, But Its Weak Grid Could Be a Problem
The war in Iran has exposed a critical vulnerability in Southeast Asia’s energy markets. The region is heavily dependent on…
Energy
The Iran War Is Fueling a Boom in Clean Energy
The Iran war might have done exactly what President Trump was trying to avoid: turning the world away from fossil…
Energy
U.S. Oil Drilling Continues to Inch Upward
The total number of active drilling rigs for oil and gas in the United States rose this week, according to…
Energy
States Bet on Virtual Power Plants to Cut Grid Costs
The United States has shown greater support for virtual power plants (VPPs) in recent years, as these systems are expanding…
Energy
Trump Puts Iran Strikes on Hold as Hurricane Threatens Oil Supply
Oil retreats from $110 as Trump rules out Iran strikes before the midterms, but tanker attacks and a Gulf hurricane…
Energy
Why Record Crude Output Can’t Solve America’s Diesel Crisis
The United States is producing more crude oil than ever. According to the Energy Information Administration, U.S. crude production is…