Category: Conventional Fuels

January 24, 2020

With a growing realization that nuclear energy is necessary to achieve decarbonization in the electric generation utility industry, and for major process heat applications, 2020 looks like a year where action based on this concept will see more significant developments […]

January 23, 2020

Chevron CEO Michael Wirth told CNBC on Thursday that oil prices may not reach $100 for a “long time” thanks to the boom in U.S. shale production. “Oil markets have really changed over the last decade or so,” Wirth said […]

January 23, 2020

As the tiny nation of Guyana sends off its first tanker full of crude, the world welcomes a newcomer to the ranks of high volume oil producers. With fresh discoveries this month off small nearby countries, this small stretch of […]

January 22, 2020

Shellenberger was speaking as an expert witness at the 15 January hearing, An Update on the Climate Crisis: From Science to Solutions. The president of research and policy organisation Environmental Progress, he was one of a panel of five expert […]

January 17, 2020

The phase 1 trade deal with China has been signed at the White House and includes the Chinese promise to ‘strive’ to import $50 billion worth of oil and natural gas from the U.S. this year and next. Although that […]

January 14, 2020

When it comes to the future sustainability (excuse the pun) of oil companies, there are two trains of thought, one of which is that they should ‘stick to their knitting’ and just focus on what they are good at, which […]

January 13, 2020

2019 may have been the year clean energy irreversibly turned a corner toward dominance in the United States. After all, who could have foreseen last January that America would realize existing coal can’t compete against new renewables, see new solar-plus-storage […]

January 13, 2020

Forty years ago, the conventional wisdom about oil was that we were running out of it and needed to find ways to conserve. Twenty years ago, it was faddish for people in the oil business to talk about the then-assumed […]

January 10, 2020

Markets responded positively to President Donald Trump’s January 8 address in the wake of Iranian rocket attacks against Iraqi bases housing US troops, with traders interpreting his overtures for peace and cooperation with the Islamic Republic as a sign of […]

January 8, 2020

Oil prices would skyrocket if Iran moved to completely cut off the Strait of Hormuz, energy analysts told CNBC on Wednesday. Elevated geopolitical tensions have sparked fears of a widening conflict in the Middle East, with energy market participants increasingly […]

January 8, 2020

The assassination of General Qasem Soleimani is just the latest escalation in hostilities between Iran and the United States since President Trump scuttled the Iran Nuclear Deal. When America pulled out of the Deal, which was hammered out in Switzerland […]

January 7, 2020

As crude prices react to escalating tensions between the United States and the Islamic Republic of Iran, now is an important time to understand the key distinction between energy “independence” and energy “security” as the terms apply to the U.S. […]

January 6, 2020

In the small hours of Friday (January 2) morning, the global oil market got its first geopolitical jolt of 2020 after a U.S. airstrike in Iraq took out Qasem Soleimani, an Iranian General of the country’s Islamic Revolutionary Guard Corps, […]

January 6, 2020

The giving season is over for most Americans. And some Democratic senators think it must also end for coal: They want a congressional watchdog agency to look into whether a $1 billion subsidy to chemically-cleanse coal is paying off. The […]

January 3, 2020

The U.S. killing of General Qassem Soleimani, head of Iran’s elite Quds force, will certainly see a response by the Iranian government and/or its Revolutionary Guards, and this will definitely keep oil prices higher, with Brent already approaching $70 and […]