Pietro D
Pitts
Hart Energy
Japan Calls on Saudi Arabia, Others to Boost Oil Output to Stabilize Prices
Japan is urging Saudi Arabia and other oil producing nations to increase supplies to stabilize the global oil market as rising fuel prices amid the Israel-Hamas conflict threaten to impact the global economy.
E3 Lithium Says Field Pilot Test Results Exceed Expectations
E3 Lithium’s pilot tests help determine whether lithium can be efficiently and effectively extracted at scale from the Leduc brines in Alberta.
Rystad: Easing US Sanctions on Venezuela Could Boost Production
A potential deal between Washington and Caracas to ease sanctions on Venezuela could see the South American country boost production by 200,000 bbl/d—a relative drop in the bucket for world oil markets, Rystad Energy says.
US Treasury OKs Trinidad to Pay Cash for Venezuelan Gas
The U.S. Treasury’s Office of Foreign Assets Control amended a license for Trinidad and Tobago to allow the country pay Venezuelan, which is under U.S. sanctions, for natural gas using U.S. dollars and other currencies.
German, UK Officials: ‘No Way Back’ for Russian Natural Gas in Europe
Germany’s ambassador to the U.K. and a British energy minister said the invasion of Ukraine has permanently severed the energy relationship between Europe and Russia.
US Crude Production Hits High as Chaos in Israel, Geopolitics Stoke Fear
Analysts expect domestic market and activity to remain steady as the Energy Information Administration reports record U.S. production.
Enlight CEO: Israel’s Genesis Wind Operating Despite Tragic Events
The Genesis Wind farm is located in the Golan Heights area of Israel.
Oil Falls Below $90/bbl on Report of US-Venezuela Deal
Oil futures fall following a report that the U.S. and Venezuela could soon reach a deal to ease sanctions on Venezuela.
Venezuela, Opposition Will Restart Talks, US Could Ease Sanctions
Sources say the U.S. has reached a preliminary deal to ease sanctions if Venezuelan President Nicolas Maduro follows through on commitments related to a 2024 election.
Two Charts Diverged in the Energy Transition
Will oil and gas companies take the less traveled road of the energy transition, or stick to business as usual?