Petrobras saw its share price drop at the beginning of the week as investors are increasingly concerned that the energy policies of newly installed President Lula da Silva will lead to lower dividends and lower profitability
A consortium of cities in four western U.S. states have voted in favor of moving forward with a plan to build a demonstration small modular reactor (SMR) power plant in Idaho
Russia’s Sakhalin-1 oil and gas project missed its output target by 50% after Exxon declared force majeure due to the sanctions resulting from Putin’s war in Ukraine
With global inventories steadily falling and spare capacity eroding, the oil market resembles a geological fault line in which stress is quietly accumulating and will eventually be relieved by an earthquake of as yet unknown magnitude. The most likely stress relief will come from a deceleration in oil consumption as…