S&P Global Warns Hormuz Energy Shock Could Become a Global Food Crisis
The world’s ongoing energy crisis is quickly turning into a global food security crisis. Ongoing…
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Category: Energy
As BP Leaves the North Sea, These Independents Are Buying In
Back in July, UK oil and gas major BP Plc. (NYSE:BP) announced that it was…
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Russia’s Northern Sea Route Workaround Supplying Asian Buyers
Asia-bound Russian crude and fuel supplies are being rerouted as the US-Israeli war on Iran…
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Big Oil Eyes Record Profits but Keeps Spending in Check
Oil supermajors have been raking it in since the war in the Middle East began.…
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Chevron Moves to Take Over Russia’s Most Prized Iraqi Oil Field
Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq’s…
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Petrobras’ Deepwater Push Sets Off a Race for Offshore Vessels
Recently, we reported that the Middle East conflict and subsequent closure of the Strait of…
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Europe’s Power Demand Returns to Growth
Despite weakening industrial activity and high energy costs, European electricity demand is bucking years of…
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Energy Costs Are Driving U.S. Inflation, and Wages Aren’t Keeping Up
Inflation rates remain blistering high across the United States. The Bureau of Labor Statistics’s most…
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