Despite the sanctions, Russian oil revenues are soaring
The energy pieces on the global chessboard are altering geopolitical realities, with serious consequences. China is boosting the volume of crude oil it purchases in order to increase its strategic reserves, Reuters’ Clyde Russell reported on Friday. China, the world’s largest crude importer, is buying more oil at a point when the demand-supply balance is…
A climate catastrophe seems in the making. And mitigating the impact of the Ukraine crisis won’t be easy
The Paris-based International Energy Agency is widely viewed with respect, its analyses providing a better understanding of the direction of energy markets and the issues impacting the industry. IEA is the energy watchdog of the Organization for Economic Co-operation and Development (OECD), founded by the likes of Henry Kissinger in the immediate aftermath of the…
And OPEC is in no mood to open taps to fill in any gaps created by the absence of Russian crude
The oil markets are likely to face another round of supply disruptions. Most indicators point to a bullish trend in the near future. After recently announcing the release of over 180 million barrels of crude oil from its strategic reserves (SPR) over the next six months to cool down the markets, the United States government…
Natural gas is an absolutely critical part of any clean energy mix
The future looks brighter for Canada’s emerging liquefied natural gas (LNG) industry. A second project, Woodfibre LNG, has received the green light and a major expansion is being considered for the under-construction LNG Canada plant. It’s no surprise given the red-hot global market for LNG. Last year, LNG prices increased by 435 per cent compared…
Full European Union ban on Russian oil could have unintended economic consequences for the West
The war in Ukraine is transforming global geopolitics and crude oil dynamics. On the geopolitical front, the United States has relentlessly rallied its allies against Russia. The Russian energy sector has still not been directly impacted by the sanctions. But the repercussions are apparent, even as the world is finding it hard to replace Russian…
Today's guest, Axel Meisen, explains nuclear fission and fusion, and the significant contributions each is expected to make for meeting the increasing global demand
Today's guest, Axel Meisen, explains nuclear fission and fusion, and the significant contributions each is expected to make for meeting the increasing global demand, and decarbonization, of energy in the long term. The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eddy…The relief we’re seeing from market manipulation could fade soon
Bearish sentiments continue to overshadow the crude oil markets. Despite a small spike at the tail end, prices registered a back-to-back retreat last week. Several factors are in play. The announcement of the release of 180 million barrels of crude from the United States Strategic Petroleum Reserves (SPR) over the next six months played a…
Today's guest, David Parker, discusses among other things, the importance of aligning political will, the truth and the public
The series was produced by KEI Network for Troy Media. We welcome your comments below. Bios of our moderator and today’s guest: Eric Newell Moderator Eric Newell’s career began with Imperial Oil and Esso, where his skills as an engineer and manager made him a valuable asset. He was frequently sent “on loan” to sites…Oil headed for its biggest weekly loss in more than 10 years
Global crude oil markets are cooling. The United States’ announcement that it would release one million barrels per day (bpd) of crude from strategic reserves for six months and an expected similar announcement from other countries have helped cool the markets. The announcement followed growing questions about the real supply disruptions from Russia, reports that…