2022-06-29 - “Spare capacity is running very, very low,” Shell CEO Ben van Beurden said on June 29, adding that despite economic and COVID-19 challenges, global oil and gas demand is still recovering.
2022-04-13 - The cumulative effect of the administration’s assault on all fossil fuels discourages the capital investment required to drill even one new well, writes Mark R. Robeck, former DOE deputy general counsel for energy policy.
2022-04-13 - “Now is the time to accelerate the transition to an independent and a clean energy future. President Putin cannot control the power of the wind or the sun,” U.S. climate envoy John Kerry said in the opening speech to the Our Oceans conference.
2022-04-12 - One of the sources went as far as to describe the situation between OPEC and the IEA as a “cold war” and blamed the IEA for starting it, according to a Reuters report.
2022-04-12 - “I think it’s extremely cowboy-ish ... by doing an outright sale, purely thinking like a trader, if I did that I would get fired. Nobody knows which way the oil price will go,” said Ilia Bouchouev, partner at Pentathlon Investments and adjunct professor at NYU.