OPEC Outlook: US Shale Oil Volumes to Hit 16.7 MMbbl/d by 2030
The head of OPEC’s energy studies warned that failure to invest in oil production could lead to a global energy crisis as early as 2035.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.
First Solar’s Profit Rises Despite Chinese Dumping, Patent Disputes
First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.
Rystad: 12 MMbbl/d at Risk in Full-blown Middle East War
A full-blown war in the Middle East could end up with 12 MMbbl/d of oil at risk—leading to high prices and widespread global consequences, according to Rystad Energy.
Energy Transition in Motion (Week of Oct. 11, 2024)
Here is a look at some of this week’s renewable energy news, including nearly $7.9 million in bids for geothermal leases in Nevada.
RBAC: Environmental Pressures Undercutting the Global Gas Network
RBAC founder and energy economist Robert Brooks worries that environmental goals and pressures have taken a front seat at the expense of affordable energy access to countries such as Africa.
India’s GAIL, AM Green Form Renewable Energy, E-methanol Partnership
The renewable energy projects in India will target solar and wind as GAIL and AM Green’s partnership will focus on lining up long-terms supplies of CO2 to produce e-methanol.
Exclusive Q&A: LNG Canada to Open Country Up to Asian, Global Markets
The start-up of LNG Canada in mid-2025 will give its five joint venture partners access to liquefaction and international trade, which wasn’t a possibility from Canada before, an LNG Canada vice president told Hart Energy.
Transocean Contracted for Ultra-deepwater Drillship Offshore India
Transocean’s $123 million deepwater drillship will begin operations in the second quarter of 2026.
Energy Transition in Motion (Week of June 7, 2024)
Here is a look at some of this week’s renewable energy news, including the International Energy Agency’s forecast on clean energy investment reaching $2 trillion this year.