Los Angeles: Hollywood, palm trees and urban oil fields
For most outsiders, Los Angeles is all about Hollywood, palm trees and sunny skies. But the huge metropolis that is home to nearly four million people is also the largest…
OPEC+ oil quota reform increases Gulf’s dominance
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of the biggest reforms at OPEC in recent years and presented it as a reward for countries…
Is copper the new oil?
An energy transition is happening. Moving to a target of net-zero global emissions requires a steady move from fossil fuels to renewable energy, or sources that reduce emissions, while not…
Oil group MOL disputes hikes to pipeline fees through Ukraine, Croatia
Hungarian oil group MOL expects to be able to choose between Russian or non-Russian crude for its refineries by 2026, its Chairman and Chief Executive Zsolt Hernadi told Reuters, by…
Iraq’s ambition to match Saudi oil output is out of reach
Iraq’s oil output and capacity may peak following growth of around 25% over the next five years, analysts said, falling short of 2027 targets and ending a long-standing ambition to…
Oily matters – I
Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been projected to exceed 23 billion USD as against total exports of 34 billion…
Oil and coal sectors think more fossil fuels is the solution
If there is one thing the oil and coal industries can agree upon, it’s that the solution to the current global energy crisis is more fossil fuels. This was the…
UK oil capital tackles the energy transition… up to a point
In Aberdeen, northeast Scotland, offshore wind turbines, the extension to the city’s port, and hydrogen buses are clear evidence of the move to green energy. But old habits die hard…
America is finally cleaning up its abandoned, leaking oil wells
Bill Suan bought his family’s cattle farm in the mountains of West Virginia a decade-and-a-half ago with little thought for the two gas wells drilled on the property — but…
Oil’s journey from worthless in the pandemic to $100 a barrel
In July 2020, just a few months after the Covid-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its…
