Conventional Fuels

How Are Global Trends Shaping Today's Oil Market?
Conventional Fuels How Are Global Trends Shaping Today's Oil Market?

Understanding the myriad of factors that influence today's oil market is critical for policymakers, industry stakeholders, and consumers alike. As political tensions ebb and flow, technological breakthroughs emerge, and concerns about climate change escalate, the oil market adapts in response.

How Is China Adjusting Its Crude Oil Imports in 2023?
Conventional Fuels How Is China Adjusting Its Crude Oil Imports in 2023?

In 2023, China's oil import strategy has evolved in response to its soaring energy demands. With an impressive intake of around 11.3 million barrels daily, up 10% from last year, China is enhancing its energy security and asserting itself as a major force in global refining. The nation's refineries

Is the BLM's New Oil Rule Hurting North Dakota's Energy?
Conventional Fuels Is the BLM's New Oil Rule Hurting North Dakota's Energy?

North Dakota's energy sector, a crucial driver of the state's economy, faces new challenges under the Bureau of Land Management's (BLM) latest onshore oil leasing rule. This regulatory shift, presented as a stride towards better resource management and environmental stewardship, has proven

How Will New BOEM Rule Impact Offshore Oil Cleanup Costs?
Conventional Fuels How Will New BOEM Rule Impact Offshore Oil Cleanup Costs?

Stricter Financial Assurance Requirements The Bureau of Ocean Energy Management's (BOEM) recent announcement signals a pivotal shift in how offshore oil cleanup costs will be handled. Previously, regulations may have allowed some companies to dodge the financial responsibility of decommissioning

Is Kentucky's Nuclear Energy Push Facing Constitutional Hurdles?
Conventional Fuels Is Kentucky's Nuclear Energy Push Facing Constitutional Hurdles?

Kentucky Governor Andy Beshear recently sparked controversy by vetoing a bill that aimed to encourage the incorporation of nuclear energy into the state's historically coal-dominated energy portfolio. The veto has prompted discussions about the dynamics between state governance and private industry

China Fuels Surge in Global Coal Capacity Amid Climate Crisis
Conventional Fuels China Fuels Surge in Global Coal Capacity Amid Climate Crisis

Despite urgent calls for climate action, 2023 saw the largest increase in coal power capacity since 2016, with a significant addition of 48.4 gigawatts (GW). This contradicts international efforts to curb fossil fuel usage in line with the Paris Agreement's climate objectives. China's contribution

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