The report highlights the need to fully understand the scope and scale of the challenge for these sectors and identifies a significant gap versus the pace of decarbonization necessary to achieve net-zero goals to limit global warming to 1.5C by 2050. SourceContinue Reading

U.S. shale drillers are expected to post record second-quarter profits in coming days, reversing nearly a decade of debt-fueled losses. SourceContinue Reading

Libya’s crude exports climbed after a ban on production and shipments was lifted in mid-July, a trend that may help cool fears about the OPEC member’s ability to supply global markets. SourceContinue Reading

Democrats’ plan to reinstate a 27-year-old fee on oil imports represents a violation of a pledge by President Joe Biden not to raise taxes on anyone making less than $400,000 per year, according to Americans for Tax Reform. SourceContinue Reading

Is Silver A Better Investment Than Gold Right Now? | OilPrice.com Ag Metal Miner MetalMiner is the largest metals-related media site in the US according to third party ranking sites. With a preemptive global perspective on the issues, trends,… More Info Premium Content By Ag Metal Miner – Aug 01, 2022, 3:00 PM CDT Precious...Continue Reading

Russia Says It Can’t Help With Nord Stream Gas Turbine Repairs | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews.  More Info Related News By Tsvetana Paraskova – Aug 01, 2022, 2:30 PM CDT There is little Russia can...Continue Reading

Today’s Energy Crisis Spells Disaster For The Global Economy | OilPrice.com Gail Tverberg Gail Tverberg is a writer and speaker about energy issues. She is especially known for her work with financial issues associated with peak oil. Prior… More Info Premium Content By Gail Tverberg – Aug 01, 2022, 2:00 PM CDT The price of...Continue Reading

Saudi Arabia’s Economy Grows 12% In Q2 On High Oil Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Aug 01, 2022, 1:30 PM CDT Saudi Arabia recorded a GDP growth rate of 11.8 percent for the second quarter, driven by a 23.1-percent rise in...Continue Reading

Ukrainian Grain Shipment Hailed As A “Relief For The World” | OilPrice.com RFE/RL staff RFE/RL journalists report the news in 21 countries where a free press is banned by the government or not fully established. We provide what many… More Info Premium Content By RFE/RL staff – Aug 01, 2022, 1:00 PM CDT The first...Continue Reading

Australia May Limit LNG Exports Amid Domestic Gas Shortage | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Related News By Irina Slav – Aug 01, 2022, 12:30 PM CDT Australia is again facing a domestic gas shortage because...Continue Reading