Oil And Gas
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Peak Oil Demand? The Energy Transition and the Future of Petroleum
ROME, July 9 — The shift is here. For decades, the theory of peak oil meant the moment…
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John D. Rockefeller’s Standard Oil Empire Forged Modern Oil Industry
NEW YORK, July 9 — The calculus of American industrial power has rarely been embodied by a single…
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OPEC’s six-decade rise shapes global oil power and prices
VIENNA, July 9 — The Organization of the Petroleum Exporting Countries, a bloc that has shaped global energy…
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Oil Drives Global Economy: Gasoline, Plastics, and Beyond
HOUSTON, July 9 — The scene at the refinery along the Houston Ship Channel is one of constant…
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U.S. Strategic Petroleum Reserve: Capacity and Current Status
WASHINGTON, July 9 — The Strategic Petroleum Reserve, the world’s largest emergency crude oil stockpile, sits at roughly…
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U.S. Strategic Petroleum Reserve Stabilizes Oil Markets in Crises
WASHINGTON, July 8 — The U.S. Strategic Petroleum Reserve sits at its lowest level since 1983, a stark…
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U.S.-Iran Tensions Drive Oil Market Volatility Since 1979
WASHINGTON, July 8 — The relationship between Iran and the United States has long been one of the…
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Global Oil Inventories Hit Five-Year Low, Markets Vulnerable
SINGAPORE, July 8 — Global oil inventories are sitting at their lowest level in five years, a fact…
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Strait of Hormuz Chokepoint Controls Global Oil Supply and Prices
MANILA, July 8 — For communities across Asia that rely on stable energy prices to keep their economies…
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The Strait of Hormuz Calculus Tests Global Energy Security
MANAMA, July 8 — The United States Fifth Fleet, the Navy’s primary combat force across the Persian Gulf…
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Strait of Hormuz Scenarios: Global Oil Supply at Risk
LONDON, July 8 — For all the noise around the geopolitics of the Persian Gulf, the salient point…
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Iran’s Strait of Hormuz: 17M Barrels Daily at Economic Risk
WASHINGTON, July 8 — The economic stake in the Strait of Hormuz is enormous, and a new analysis…
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Strait of Hormuz: A History of the World’s Vital Oil Chokepoint
DUBAI, July 8 — The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the open…
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Strait of Hormuz Chokepoint Handles 20% of Global Oil
MANAMA, July 8 — The Strait of Hormuz remains the world’s most critical oil transit chokepoint, a narrow…
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Russia’s Shadow Fleet Keeps Oil Flowing Amid Sanctions
MOSCOW, July 8 — The shift is subtle but devastating: Ukraine is no longer just fighting Russian troops…
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Shadow Fleet Tankers Pose Oil Spill Risk in Black Sea
MOSCOW, July 8 — A series of Ukrainian strikes on shadow fleet tankers in the Black Sea is…
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Omsk Refinery: Russia’s Top Oil Hub Faces Strategic Challenges
OMSK, July 7 — The Omsk Oil Refinery, Russia’s largest by processing capacity, sits at the center of…
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Ukrainian Drone Strike On Omsk Refinery Raises Global Oil Supply Fears
MOSCOW, July 7 — When a Ukrainian drone struck the Omsk Refinery on August 26, 2024, the shockwaves…
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Russia Deputy PM Novak Oversees Energy Security After Omsk Strike
BRUSSELS, July 7 — The man charged with keeping Russia’s energy machine running through war and sanctions was…
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Siberia Powers Russia’s Energy Economy, Faces Attack Risks
MOSCOW, July 7 — A Ukrainian drone strike on the Omsk refinery on May 9, 2024, has opened…
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Oil’s 150-Year History Shaped the Modern Global Economy
WASHINGTON, July 7 — The story of petroleum is one of discovery, power, and profound economic consequence. For…
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Omsk Oil Refinery fuels Russia’s war as its largest refinery
OMSK, July 7 — The Omsk Oil Refinery, Russia’s largest crude processing facility, has become a recurring target…
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Omsk Oil Refinery: The Heart of Russia’s Fuel Production
OMSK, Siberia — The idea that Siberia’s vastness offered a natural shield from conflict is quietly slipping away.…
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Omsk Oil Refinery Fuels Russia’s War Machine as Key Hub
OMSK, July 7 — The Omsk Oil Refinery, a facility that converts roughly 21 million tons of crude…
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