Trump Takes U.S. Out of Paris Accord on Climate Decision promoted by the need to shore domestic political base WASHINGTON – U.S. coal miners and out of work factory workers: this is for you! President Donald Trump publicly...
Facing Low Oil Prices Exxon Is Looking For New Strategies The current oil glut makes many conventional oil project uneconomical WASHINGTON – Major oil companies are in deep trouble. Too much global supply means lower crude prices. If this...
China To Become Green Super Power? Will massive investments in renewables transform Chinese electricity production? WASHINGTON – Many Western environmentalists and commentators openly praise China for its declared energy policy objective of turning itself...
Oil Prices Will Go Down But U.S. Shale Will Survive Showing remarkable resilience and flexibility the American shale oil industry managed to stay profitable in adverse market conditions WASHINGTON – After the oil production cuts recently announced first by OPEC and then non OPEC oil producers, oil...
Mass Produced Electric Cars? Sooner Than You Think The cost of batteries is going down. EVs are becoming more affordable WASHINGTON – The still unresolved issue that will determine if and when there will be real mass demand for Electric...
Round One: US Shale Wins, OPEC Loses The US shale oil industry managed to become more productive and more efficient WASHINGTON – Here is the news. The US shale oil industry, while badly wounded by the price war waged...
Is Exxon’s Obfuscation About Climate Change A Crime? Exxon apparently knew a long time that fossil fuels cause global warming but denied it in public WASHINGTON – Here is the thing. We know now that ExxonMobil’s internal documents reveal that experts working for the...
The Dream Of A Modern Saudi Arabia Deputy Crown Prince Mohammed wants to transform a country whose entire society been shaped by the oil rent WASHINGTON – Bloomberg Businessweek placed Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman on its cover (April 25 – May...
Oil Prices Will Stay Low The Doha talks failed because Iran did not accept to freeze its oil production WASHINGTON – I am not at all surprised to see that the Doha oil talks aimed at finding an...
Hillary Clinton Will Ban Fracking -Less Energy For America If elected President, she will restrict most hydraulic fracturing activities WASHINGTON – When it comes to America’s energy needs and viable alternatives to fossil fuels, it looks as if...