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ExxonMobil Looks To Exit UK North Sea Oil & Gas

ExxonMobil Looks To Exit UK North Sea Oil & Gas ExxonMobil has recently discussed with operators selling part or all of its assets in the UK North Sea in a move that could raise up to US$2 billion for Exxon and mark another major U.S. exit from the area, Reuters reported on Tuesday, quoting three industry sources […]

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Visualizing How Much Oil Is In An Electric Vehicle?

Visualizing How Much Oil Is In An Electric Vehicle? When most people think about oil and natural gas, the first thing that comes to mind is the gas in the tank of their car. But, as Visual Capitalist’s Nicholas LePan notes, there is actually much more to oil’s role, than meets the eye… Oil, along with […]

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Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973…

Do You Remember The Oil Crisis And “Stagflation” Of The 1970s? In Many Ways, 2019 Is Starting To Look A Lot Like 1973… The price of gasoline is rapidly rising, economic activity is slowing down, the Middle East appears to be on the brink of war, and Democrats are trying to find a way to […]

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This Is Just The Beginning Of Europe’s Gas War

This Is Just The Beginning Of Europe’s Gas War In a move that should not surprise energy pundits nor even those that follow geopolitical news in Europe, on Thursday Russian gas giant Gazprom said it’s looking to gain an even larger gas market share in Europe following record-high 2018 exports, as it expects a decline […]

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German Business Blasts Trump’s NordStream 2 Sanctions As “Attack On EU Sovereignty”

German Business Blasts Trump’s NordStream 2 Sanctions As “Attack On EU Sovereignty” A German business group said on Friday that any attempts by the United States to stop Europe from buying Russian gas in the form of additional sanctions against Moscow would be an attack on European sovereignty, reports Reuters. “If the U.S. decided to sanction […]

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The Ins and Outs of Israel’s Pipeline to Europe.

The Ins and Outs of Israel’s Pipeline to Europe. Israel announced a major pipeline project from the gas fields off its shore involving four countries, terminating in northern Italy.  The EastMed Pipeline could be one of the longest in history as well as one of the most technically difficult to pull off. The deal was […]

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Nat Gas Prices Spike On Cold Weather

Nat Gas Prices Spike On Cold Weather Natural gas prices are sharply up as cold weather is set to sweep much of the country, putting a strain on already low storage levels. We are heading into the winter season with natural gas inventories at their lowest level in 15 years. Natural gas inventories stood at […]

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Turkey Vows To Make “Sea Bandits” Drilling Gas Off Cyprus Pay “Like Terrorists In Syria Did”

Turkey Vows To Make “Sea Bandits” Drilling Gas Off Cyprus Pay “Like Terrorists In Syria Did” Ankara will not allow any “sea bandits” to roam free and tap the disputed natural gas reserves off Cyprus, Turkey’s president has vowed, while commissioning a new warship to challenge competitors militarily, should the need arise. “We will not […]

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Déjà vu: the gas conflict around Cyprus is getting worse

Déjà vu: the gas conflict around Cyprus is getting worse In early October, the Cypriot government invited tenders for gas extraction in Block 7.1)Ankara believes that this step impairs the interests of both Turkey and the Turkish Cypriots and announced that remedial measures will be taken, which might entail an escalation of tensions in this […]

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What If There Isn’t Enough Energy Going Forward?

Nuttapong/Shutterstock What If There Isn’t Enough Energy Going Forward? We’ll be forced to live with less. Maybe a LOT less. Currently the media is breathlessly cheering the record amounts of US oil production. Stories like this one get top billing on major news websites: Texas Gulf Coast exports more oil than it imports for the […]

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Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting

Fate Of Key Gas Pipeline In The Balance As Putin, Merkel Begin Meeting “Russian influence will flow through that pipeline right into Europe, and that is what we are going to prevent,” an unnamed U.S. official told the Wall Street Journal just as Russian President Vladimir Putin and Chancellor Angela Merkel meet outside of Berlin on Saturday centered […]

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The Beast From The East, coal, gas and the UK

The Beast From The East, coal, gas and the UK In late February 2018 high pressure over the North Atlantic and low pressure over the Mediterranean combined to generate a strong easterly airflow that brought Siberian temperatures to Western Europe, increasing heating demand to the point where there was a shortage of natural gas. The […]

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The Geostrategy That Guides Trump’s Foreign Policies

The Geostrategy That Guides Trump’s Foreign Policies According to Alastair Crooke, writing at Strategic Culture, on June 5th: “Trump’s US aims for ‘domination’, not through the globalists’ permanent infrastructure of the US defence umbrella, but through the smart leveraging of the US dollar and financial clearing monopoly, by ring-fencing, and holding tight, US technology, and by […]

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Why Russian Gas Is Critical For The UK

Why Russian Gas Is Critical For The UK Although some companies have learned to ride the waves of geopolitics quite efficiently, still in most cases political tensions only complicate the dealings of energy companies. The Skripal poisoning case has driven a massive political wedge between the United Kingdom and Russia (nations whose relations are historically […]

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Merkel Caught in the Energy Conundrum for Germany’s Future

Merkel Caught in the Energy Conundrum for Germany’s Future The nominal U.S. President, Donald Trump, will meet with the two main European leaders next week with the goal of pushing the President off his position to end the Iran Nuclear Deal, or JCPOA. But it is the bigger issues of energy security that will be the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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