Commodities
Iraq's campaign for a larger OPEC production allocation has taken a complicated turn after Oil Minister Basim Mohammed Khudair said the country is already producing more than 5 million barrels per day, more than half a million barrels above its current OPEC+ requirement. Khudair’s statement raises a
Commodities
The blue wave in the midterm elections that will put Democrats in charge of the House and Senate could reshape U.S. energy policies. Democrats in charge of both chambers of Congress and its key committees, Democratic governors in key data-center development states such as Ohio, Georgia, and Texas, a
Several countries around the globe are racing to develop space-based solar power (SBSP) systems to harness solar power from space. On Earth, solar power has become a popular form of renewable energy production. However, tapping solar power is limited by night, cloud cover, atmospheric conditions, an
Artificial intelligence companies are deepening their ties with the fossil fuel industries as some of the biggest names in the tech world make massive deals with energy companies, both to power their energy-hungry data centers and to embed machine learning into the energy sector itself. Already, the
District heating has been around for almost 150 years, with the first commercial system established in New York in 1877, yet it is still not widely used. The original systems used steam produced by a central fossil-fuel boiler. However, systems have evolved over time, and modern heating networks hav
The wars in Ukraine and the Middle East have prompted an increase in EV sales to avoid retail fuel inflation and gas demand destruction in favor of other power generation sources. With COP31 starting next week, some participants have signaled that faster electrification could become the focus of the
Finland and the United States are exemplifying two opposing approaches to managing the mounting problem of spent nuclear fuel. Finland is about to open the world’s first permanent nuclear waste disposal facility. The United States is stuck in a cycle of endless political turnover and resultant gridl
The Egyptian government is doubling down on its plans to accelerate the development of its oil and gas resources. Egypt now aims to achieve a production capacity of 6.6 billion cubic feet per day by 2027, supported by increased drilling, new exploration incentives, and greater investment from intern
Armenian officials have commenced design work for the TRIPP trade corridor, even though an operating agreement with the United States remains to be finalized. US and Armenian officials announced in January a preliminary agreement outlining the establishment of an entity, TRIPP Development, that woul
Just a few years ago, the United States was developing new hydrogen hubs to support energy diversification and help achieve a green transition. However, the development of these fuel hubs has not proceeded as expected, with several major projects stalling and political support faltering. The Biden a
As we head into the United Nations’ 31st annual flagship climate conference (COP31), to be held next week in Antalya, Türkiye, greenwashing presents a large and growing problem in the private sector. As the tech sector’s greenhouse gas emissions explode against the backdrop of the artificial intelli
Commodities
The United States boasts the largest nuclear power production capacity in the world, but decades of insufficient funding and policy support is now posing an existential threat to the ageing sector. In the past decade, the United States has added just one new nuclear power plant to its fleet, while m
Commodities
Some of the world's biggest oil traders are asking Washington for permission to put sanctioned tankers back to work, as a global vessel shortage pushes oil transportation costs to extraordinary levels. Trafigura, Vitol, Mercuria and Abu Dhabi National Oil Co. are negotiating with U.S. officials for
For much of the past decade, energy debates often pitted fossil fuels against clean energy. Governments announced dates for phasing out technologies, investors tried to anticipate which industries would lose favor, and energy policy increasingly became entangled with political identity. The war wit
The total number of active drilling rigs for oil and gas in the United States rose slightly this week, according to new data that Baker Hughes published on Friday, with the total rig count in the US rising to 604, up 56 from this same time last year. The number of active oil rigs rose by 1, to 463 d
Commodities