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Oil Inventories Rise Toward the End of 2023

Crude oil inventories in the United States rose this week by 1.837 million barrels for the week ending December 22

Red seaDjibouti generalGulf of mexicoMexico generalRussia says its oil exports roseRussia oil exports to chinaOil pricesBp leads oil majors in rerouting shipsGulf of mexico oil lease sale drawsRussian oilIran reports growth in oilOil jumps on new red sea shipUs oil production growth stallsWilliams companiesChina renewable energy capacityNuclear phase out deadline

Ten Improbable Energy Ideas for 2024

We have put together a list of ten events, all plausible, that could occur in the energy sector in 2024. A few, we think, are more than likely.

Red seaDjibouti generalGulf of mexicoMexico generalMajeure noticesUae firm announces major natural gas discoveryBp leads oil majors in rerouting shipsBe more open to private energy investmentChina renewable energy capacityCutting costs for oil firmsUs oil production growth stallsOil prices steady before holidayRussia says its oil exports roseGulf of mexico oil lease sale drawsOil could see second weekly gainHarbour energy

Car Ownership is More Expensive Than Ever

The cost of owning a car in America has significantly increased, with major rises in the prices of vehicles, insurance, maintenance, and fuel.

Red seaDjibouti generalGulf of mexicoMexico generalUs oil production growth stallsGulf of mexico oil lease sale drawsBp leads oil majors in rerouting shipsBe more open to private energy investmentUae firm announces major natural gas discoveryMajeure noticesOil prices steady before holidayRussia says its oil exports roseHarbour energyOil could see second weekly gainCutting costs for oil firmsRussia oil exports to china

China s Renewable Energy Capacity Tops 50% Milestone

China has surpassed the 50% mark for renewable energy generation capacity, balancing investments in wind, solar, and hydropower with continued reliance on coal for energy security.

Gulf of mexicoMexico generalHa afonRed seaDjibouti generalOil could see second weekly gainMajeure noticesHarbour energyUs oil production growth stallsOil prices hitGulf of mexico oil lease sale drawsCutting costs for oil firmsIsraeli groupRussia says its oil exports roseUae firm announces major natural gas discoveryBp leads oil majors in rerouting ships

Guyana and Macau Top Global List of Fastest-Growing Economies

Guyana is experiencing a substantial economic boom, with an estimated 38.4 percent growth in GDP in 2023, largely due to significant oil discoveries.

Red seaDjibouti generalUnited kingdomHa afonUnited statesIsraeli groupOil prices climb as russian exports dropShare of renewablesRussia oil exports to chinaRussian oilOil prices hitUae firm announces major natural gas discoveryCutting costs for oil firmsRenewables topRussian oil stuck en routeChinese banks lead

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