Startup EnerVenue Wins First Major Battery Storage Deal in China
(Bloomberg) — Battery-storage startup EnerVenue Holdings has signed its first major commercial contract with a Chinese oil and…
How China’s green tech is undercutting Trump’s ‘drill, baby, drill’ oil strategy in Africa
In the US, the push is on to “drill, baby, drill”. In China, the national strategy is to…
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s…
Opec producers agree to raise output from June in first move since UAE exit
Seven Opec nations agreed on Sunday to raise collective production by 188,000 barrels per day in June, pressing…
Opec exit to unlock new energy and economic playbook for UAE
Leaving Opec is part of the UAE’s greater plan for its future, where higher hydrocarbon revenues will allow…
‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
uae quits opec opec+ may 1 impact on india oil imports uae opec oil prices
The United Arab Emirates will leave OPEC and OPEC+ – the world’s largest oil-producing blocs, which control roughly…
IEA Chief: Current Energy Crisis Worse Than 1973, 1979, and 2022 Combined
The current energy crisis is worse than the oil and gas crises of 1973, 1979, and 2022 taken…
New Zealand Shortlists Proposals to Build First LNG Import
(Bloomberg) — The New Zealand government has shortlisted proposals to build the nation’s first liquefied natural gas import…
US Oil Drilling Continues to Flounder
By Julianne Geiger – Jan 30, 2026, 12:18 PM CST The total number of active drilling rigs for…
Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
Should Opec worry? China joins US shale oil revolution with deep fracking breakthrough
China’s recent breakthroughs in fracking technology have the potential to usher in a new shale revolution that could…