
Russia’s oil is in long-term decline – and the war has only added to the problem
Immediately after Russia’s invasion of Ukraine, world oil prices jumped above US$100 per barrel, hitting US$130 for Brent crude on March 8…
Immediately after Russia’s invasion of Ukraine, world oil prices jumped above US$100 per barrel, hitting US$130 for Brent crude on March 8…
The United Kingdom attempts to balance energy and climate security by extending the productive use of its North Sea oil and gas fields…
Russia has long been foreseeing a shift toward Asia when it comes to exporting its fossil fuels, but it was by no means prepared to lose the European market…
Small modular reactors could make nuclear energy accessible to more countries, but their viability still has to be tested on a wider scale.
Many technologies needed for the green transition exist, but there are still significant hurdles before they can be deployed at the scale needed to reach net-zero emissions in the coming decades.
After a brief sluggish period in August 2021, when oil prices reversed the gains made in June and July, by the fall prices regained momentum.
It is hard to imagine that natural gas was once an unwanted fuel. “What is worse than finding a dry hole? A gas discovery!” – early oil explorers reportedly quipped.
Iraq is a textbook example of the problems of high dependence on a single sector – that is, hydrocarbons. In fact, the Iraqi economy is one of the most oil dependent in the world.
Modern history is peppered with energy shocks, shortages, price spikes and panics.
In its latest climate change assessment, the Intergovernmental Panel on Climate Change (IPCC) – the United Nations body for assessing the science related to climate change – concluded that “human influence has warmed the climate at a rate that is unprecedented in at least the last 2000 years.
Hydrogen has become the linchpin of green energy transition strategies in many parts of the world. However, there is still no infrastructure that could accommodate wide-scale hydrogen use, and fossil fuels remain the most common energy source for production…
There is an alternative universe sitting on the northeast shoulder of South America. As the global economy…