Oil is now holding near its highest level since 2008.
Consumers and industries alike are beginning to feel the sting.
Some analysts are predicting that sustained high oil prices could result in demand destruction.
2022/03/10 09:16
Big Oil’s exodus from Russia is due in part to the workers on the ground refusing to welcome Russian supplies.
In the U.K., dock workers have taken a stand by refusing to unload Russian oil and gas.
Unions and workers in Australia, Canada and the U.S. have also joined the efforts to halt the delivery of Russian oil and gas cargoes.
2022/03/10 09:03
Venezuela -the largest oil reserves in the world was driven by a breakdown in the rule of law and the disintegration of government institutions.
2022/02/25 18:27
Global spending on clean energy climbed 27 percent in 2021, hitting a record high of $755 billion according to a Bloomberg New Energy report.
Oil and gas companies are playing an increasingly important role in this sector, with upstream oil and gas producers completing 81 clean energy deals in 2021.
A larger variety of clean energy sectors are receiving attention from oil and gas majors, with a renewed focus on hydrogen, electric vehicle charging, and biofuel projects.
2022/02/19 16:16
The fallout from the pandemic and civil unrest across Colombia has left its oil industry in a state of crisis.
Colombia’s dire hydrocarbons shortage is weighing heavily on the Andean nation’s petroleum-dependent economy.
Nevertheless, despite those hazards and the risks they pose to Colombia, there are signs that the outlook for the country’s petroleum industry is improving.
2022/02/11 19:23
The Supreme Court Case That Could Transform Energy Markets as below:
2021/12/21 17:35
India is going all-in on renewable energy, with big plans to scale up its solar sector.

As a part of the move, India is looking to cut ties with China as it prioritizes its domestic solar industry.
2021/12/21 17:31
It appears that oil market oversupply may already be upon us, with demand being hit hard by Omicron and by China cracking down on its independent refiners.
2021/12/21 17:28
Oil and gas companies have well and truly recovered from what was a crisis year in 2020, with some companies now posting record cash flow.
2021/12/17 17:44
Prior to the pandemic, the utilization rate of U.S. oil pipelines stood at 60 to 70 percent.Half Of U.S. Oil Pipelines Sit Empty NOW.
2021/12/17 17:40
Extreme weather events resulting from the changing climate are threatening some 40 percent of the world’s recoverable oil and gas reserves, risk consultancy Verisk Maplecroft has said in a new report.
2021/12/17 17:36
Driven by high refinery throughput, China likely drew crude oil from its commercial and strategic inventories in November, according to estimates from Reuters columnist Clyde Russell.
2021/12/17 17:33
Oil is now holding near its highest level since 2008.
Consumers and industries alike are beginning to feel the sting.
Some analysts are predicting that sustained high oil prices could result in demand destruction.
Big Oil’s exodus from Russia is due in part to the workers on the ground refusing to welcome Russian supplies.
In the U.K., dock workers have taken a stand by refusing to unload Russian oil and gas.
Unions and workers in Australia, Canada and the U.S. have also joined the efforts to halt the delivery of Russian oil and gas cargoes.
Venezuela -the largest oil reserves in the world was driven by a breakdown in the rule of law and the disintegration of government institutions.
Global spending on clean energy climbed 27 percent in 2021, hitting a record high of $755 billion according to a Bloomberg New Energy report.
Oil and gas companies are playing an increasingly important role in this sector, with upstream oil and gas producers completing 81 clean energy deals in 2021.
A larger variety of clean energy sectors are receiving attention from oil and gas majors, with a renewed focus on hydrogen, electric vehicle charging, and biofuel projects.
The fallout from the pandemic and civil unrest across Colombia has left its oil industry in a state of crisis.
Colombia’s dire hydrocarbons shortage is weighing heavily on the Andean nation’s petroleum-dependent economy.
Nevertheless, despite those hazards and the risks they pose to Colombia, there are signs that the outlook for the country’s petroleum industry is improving.
The Supreme Court Case That Could Transform Energy Markets as below:
India is going all-in on renewable energy, with big plans to scale up its solar sector.

As a part of the move, India is looking to cut ties with China as it prioritizes its domestic solar industry.
It appears that oil market oversupply may already be upon us, with demand being hit hard by Omicron and by China cracking down on its independent refiners.
Oil and gas companies have well and truly recovered from what was a crisis year in 2020, with some companies now posting record cash flow.
Prior to the pandemic, the utilization rate of U.S. oil pipelines stood at 60 to 70 percent.Half Of U.S. Oil Pipelines Sit Empty NOW.
Extreme weather events resulting from the changing climate are threatening some 40 percent of the world’s recoverable oil and gas reserves, risk consultancy Verisk Maplecroft has said in a new report.
Driven by high refinery throughput, China likely drew crude oil from its commercial and strategic inventories in November, according to estimates from Reuters columnist Clyde Russell.