The World’s Biggest Energy Bet Is No Longer on Fossil FuelsThe World’s Biggest Energy Bet Is No Longer on Fossil Fuels
For years, critics of the energy transition have made essentially the same argument. Renewable energy was supposedly too…
Turkey Pushes Bold Global Plan to Electrify 35% of Energy Use by 2035
Turkey, the host of the UN’s COP31 climate summit, has urged other countries to electrify to support the…
U.S. oil reserves near 40-year low at 365 million barrels
U.S. oil reserves near 40-year low at 365 million barrels U.S. Strategic Petroleum Reserve levels fell by 9.1…
U.S. oil reserves near 40-year low at 365 million barrels
U.S. oil reserves near 40-year low at 365 million barrels U.S. Strategic Petroleum Reserve levels fell by 9.1…
Hormuz Disruptions Threatening Global Economic Stability
The heads of four of the world’s top economic and energy institutions issued a rare joint warning Friday,…
IEA Chief Says Oil, Gas Recovery Could Take Two Years After War Damage
It could take up to two years to restore a meaningful share of oil and gas production lost…
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…
Oil Prices Spike as Iran Denies U.S. Talks and Traders Refocus on Supply Risk
Oil prices were spiking again in early Asian trade on Tuesday, reversing part of the previous session’s steep…
Iran oil crisis is the worst energy shock ever recorded. World leaders aren’t ready, says IEA chief
The oil crises of the 1970s prompted a range of policy changes that still exist today. For one,…
Barclays Warns Grid Constraints Could Strand Renewables Assets
Investors may be underestimating the risk that renewables could become stranded assets, as grid constraints and congestion and…
Retail electricity prices in Ireland three times higher than wholesale cost, report finds – The Journal
Retail electricity prices in Ireland three times higher than wholesale cost, report finds The JournalTaoiseach defends decision not to…
Oil Slumps To Five-Month Low On Market Fears Of Impending Oversupply
A floating production storage and offloading or “FPSO” vessel around 250km off the coast of Angola in the…