The outcomes of gubernatorial races and elections of commissioners at a utility regulator could change the energy policies of several U.S. states after the midterm elections on November 8. Renewables regulations and targets in Maryland, Oregon, and Arizona could see U-turns in energy policies, depending on the outcome of the …
Read More »EU Agrees Roadmap to Contain Energy Prices
EU leaders on Oct. 21 reached agreement on a “roadmap” aimed at putting in place measures within weeks to shield European consumers from soaring energy prices. The accord came after 11 hours of wrangling over broad proposals to lower energy bills as gas prices pushed skywards by the war in …
Read More »Methane Emissions: the Equivalent of a Nord Stream Leak Every Two Days
When the final estimates are determined, gas escaping from the Nord Stream pipeline disaster will likely be the largest recorded release of methane from the oil and gas industry. But remarkably, those catastrophic emissions represent about the same amount of methane the industry releases worldwide every few days. According to …
Read More »China Is Transforming Georgia’s Geography
On September 21, Chinese Foreign Minister Wang Yi met with Georgian Prime Minister Irakli Garibashvili in New York, during the United Nations General Assembly, and stressed the importance of the Middle Corridor (or Trans-Caspian International Transport Route, “TITR”), which runs directly through Georgia, for regional transit. Due to the war …
Read More »High Energy Prices have Devastating Impact on European Markets
The high energy prices are wreaking havoc with the world economy and it’s unlikely we can expect any reversal of fortune in the near future. And with the recent explosion of the Russian-based Nord Stream 1 and 2 natural gas pipelines in the Baltic Sea earlier this week, the energy …
Read More »Europe’s Hunt for Clean Energy in the Middle East has a Dirty Secret
On September 10, a ship docked at the German port of Hamburg carrying a little-known fuel that’s being billed as a potential clean answer to Europe’s energy woes: blue ammonia. Made from hydrogen, it can also be burned without producing any emissions of planet-warming carbon dioxide and has the advantage …
Read More »The Global Water Crisis could Crush the Energy Industry
For years, the energy sector, and almost every other sector, has taken water for granted, viewing it as an abundant resource. But as we move into a new era of renewable energy, the vast amounts of water required to power green energy operations may not be so easy to find. …
Read More »Fears Of Economic Slowdown Cap Crude Prices
Oil prices have declined by around $30 a barrel since the recent peak in early June before the Fed and other central banks started aggressive interest rate hikes to fight runaway inflation. The tightening monetary policy is expected to slow economic growth, while several financial market indicators suggest that the …
Read More »Energy Independence will not Solve the Global Gas Crunch
The Russian war in Ukraine has sent a devastating domino effect rippling through the global economy that has left nations across the world wirth devastating energy shortages right as the hard-hit northern hemisphere prepares for the cold winter months. While Europe has been trying to wean itself off of Russian …
Read More »Europe’s Reaction to the Energy Crisis is Turning into a ‘Ponzi Scheme’
The leadership of the European Union has been hard at work these days, trying to find a lasting solution to an energy crisis that is worsening by the day. Yet the way they are approaching the solution is unlikely to produce any lasting results. And so far, it has been …
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