US gains market share from Ukraine war's energy battle
Europe's quest to tame its energy crisis has been a boon for US oil and LNG production and shifted global...
Europe's quest to tame its energy crisis has been a boon for US oil and LNG production and shifted global energy trading patterns away from Russia as the Ukraine war has caused Russia to lose "the energy battle" with Europe, according to International Energy Agency executive director Fatih Birol. New York University research professor and energy expert Amy Myers Jaffe says that with the war putting energy security front and center, the US "came out ahead with rising oil and gas exports and a new multibillion congressionally-mandated plan to win in clean tech."
API poll: Most Americans favor domestic O&G production
A new poll conducted by Morning Consult for the American Petroleum Institute reveals that 90% of surveyed...
A new poll conducted by Morning Consult for the American Petroleum Institute reveals that 90% of surveyed voters view oil and natural gas as major economic contributors, while 83% support the consideration of economic data in shaping energy policies and regulations. A similar majority of respondents also recognize the role of domestic energy production in reducing energy costs and enhancing energy security.
The Fed officially launched its instant payments system, FedNow. We previously wrote about what it means for you.
Iraq and Sweden are locked in an escalating geopolitical dispute over the recent burning of a Quran in Stockholm.
Domino’s cheapest pizza in the world costs 60 cents in Delhi, India.
Animals on the loose: A suspected lioness was spotted hunting a boar in Berlin, sparking a massive police search. Meanwhile, a surfboard-hijacking otter is successfully eluding authorities in the Bay Area.
Colombia’s Energy Minister Irene Vélez-Torres Resigns
Colombia’s mines and energy minister Irene Vélez-Torres resigned from the ministry on July 19, citing...
Colombia’s mines and energy minister Irene Vélez-Torres resigned from the ministry on July 19, citing investigations against her use of power.
The minister’s resignation comes as Colombia’s energy sector struggles to boost investments, hydrocarbon reserves, and production as both its oil and gas reserves are set to run out in less than eight years at current production levels, according to Colombia’s National Hydrocarbon Agency (ANH).
Benchmark U.S. crude oil for August delivery rose 28 cents to $75.63 a barrel Thursday. Brent crudefor September delivery rose 18 cents to $79.64 a barrel.
Wholesale gasoline for August delivery rose 2 cents $2.74 a gallon. August heating oilrose 2 cents to $2.66 a gallon. August natural gas rose 16 cents to $2.76 per 1,000 cubic feet.