Energy
Tanker Rates Soar to Record as Oil Crisis Becomes Shipping Crisis
The cost of shipping crude oil soared to record highs last month as the Iran war reshuffled trade routes and…
Category: Energy
Energy
Energy
Pemex Needs Nearly $110 Billion to Hit Mexico’s Output Targets
Mexico is dependent on oil and gas imports for two-thirds of its energy consumption, despite the fact that the country…
Energy
Southeast Asia Needs More Power, But Its Weak Grid Could Be a Problem
The war in Iran has exposed a critical vulnerability in Southeast Asia’s energy markets. The region is heavily dependent on…
Energy
Why Record Crude Output Can’t Solve America’s Diesel Crisis
The United States is producing more crude oil than ever. According to the Energy Information Administration, U.S. crude production is…
Energy
5 Stocks Cashing In as $100 Oil Pushes Drivers Toward Electric
Gasoline topped $4.40 a gallon in the U.S. in September, and Brent has sat above $100 a barrel since early…
Energy
U.S. Oil Drilling Continues to Inch Upward
The total number of active drilling rigs for oil and gas in the United States rose this week, according to…
Energy
States Bet on Virtual Power Plants to Cut Grid Costs
The United States has shown greater support for virtual power plants (VPPs) in recent years, as these systems are expanding…
Energy
Trump Puts Iran Strikes on Hold as Hurricane Threatens Oil Supply
Oil retreats from $110 as Trump rules out Iran strikes before the midterms, but tanker attacks and a Gulf hurricane…
Energy
UK Retailers Push to Cut Green Levies as Power Bills Top £440 Million
Retailers have urged John Healey to slash green policy costs from energy bills, warning that their electricity costs are set…
Energy
Hurricane Isaias Shuts In 1.28 Million Bpd of Gulf Oil Production
Hurricane Isaias has knocked 1.28 million barrels per day of U.S. Gulf oil production offline, up from just 185,120 bpd…