Energy & Mining
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Power Purchase Agreements Lock Data Center Energy Prices
BEIJING, July 20 — More than 137 firms across 32 countries reported signing power purchase agreements in 2021,…
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Chokepoint Threat: Bab el-Mandeb Strait Shapes Global Oil Security
MANAMA, July 20 — The Bab el-Mandeb strait, whose Arabic name translates to “Gate of Tears,” is among…
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Crack Spreads Shape Gasoline Prices, Refining Margins
NEW YORK, July 20 — 3:2:1. That ratio is the crack spread benchmark investors will track as peak…
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Kuwait’s Energy Infrastructure: Why Power Plants Are Vulnerable to
KUWAIT CITY, July 19 — A fire at one of Kuwait’s power plants has drawn renewed attention to…
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Shadow Fleet Expands To Bypass G7 Oil Price Cap On Russia
BRUSSELS, July 19 — The shadow fleet, Russia’s principal workaround for the G7 oil price cap, has quietly…
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Oil at Risk: The Economic Stakes of the U.S.-Iran Standoff
WASHINGTON, July 19 — Global oil markets have long kept a nervous eye on the Strait of Hormuz,…
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Eastern and Western Canada Pipeline Infrastructure Explained
OTTAWA, July 19 — A proposed east‑west pipeline designed to move crude oil from Alberta’s production fields to…
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Alberta, Federal Government Clash Over Pipeline Debate
EDMONTON, July 19 — Alberta holds 158.9 billion barrels of oil reserves, the bulk of them in the…
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Canada unveils new east-west pipeline to reduce U.S. oil reliance
OTTAWA, July 19 — Canada holds 158.9 billion barrels of oil reserves, almost entirely in Alberta, and ships…
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Brent Oil Surges Above $90 Amid Red Sea Shipping Attacks
TEHRAN, July 19 — Brent crude oil prices rose above $90 per barrel in early October 2024, driven…
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Measurable Impact: Global Oil Markets and Insurance Costs
ISTANBUL, July 19 — The churn of tanker traffic across the Black Sea has long been a barometer…
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US-Iran strikes drive crude prices up, threaten Hormuz Strait
TEHRAN, July 19 — The ongoing military confrontation between the United States and Iran is sending shockwaves through…
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Canada’s oil reserves and U.S. market reliance explored
EDMONTON, July 19 — Canada’s oil sands, holding roughly 158.9 billion barrels of proven reserves, have long been…
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The G7 Oil Price Cap and Its Impact on Russian Revenue
LONDON, July 19 — The price cap on Russian crude oil, a central plank of Western sanctions since…
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Economic Impact of Middle East Tensions: Oil Prices and Supply
MANILA, July 19 — Global oil prices climbed roughly 2% in the hours after a January 28 attack,…
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West Texas Intermediate crude prices fluctuate amid SPR drawdowns
NEW YORK, July 19 — The figure that matters: 3 million barrels. That is the size of the…
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Energy Information Administration tracks SPR, crude oil data
WASHINGTON, July 19 — The nation’s emergency crude oil stockpile has fallen to its lowest level since 1983,…
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Jennifer Granholm oversees SPR drawdown and replenishment policy
WASHINGTON, July 19 — The Strategic Petroleum Reserve, the United States’ emergency stockpile of crude oil, has fallen…
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Bryan Mound: Largest U.S. Strategic Petroleum Reserve Site
FREEPORT, Texas, July 19 — The ground here along the Gulf Coast holds a secret. Below the flat…
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US Strategic Petroleum Reserve Drops to Lowest Level Since 1983
WASHINGTON, July 19 — The U.S. Strategic Petroleum Reserve has dropped by 3 million barrels to its lowest…
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Aleksandr Novak: Russia Deputy PM Oversees Arctic and Energy Policy
MOSCOW, July 18 — The Kremlin’s point man for the Arctic and energy, Deputy Prime Minister Alexander Novak,…
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Rosatom, Russia’s Icebreaker Fleet Drive Arctic Navigation
MOSCOW, July 18 — Rosatom, the Russian state-owned nuclear energy corporation, is facing potential delays and increased costs…
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Projects range from pollinator planting to solar installations
WASHINGTON, July 18 — A new funding round from the Local Environmental Action Fund is opening the door…
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Russia seeks to replace Chinese Arctic tech amid timeline pressure
MOSCOW, July 18 — The shift is subtle but unmistakable. Russia’s Arctic ambitions, long fueled by partnership with…
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