It would be an understatement to say that global geo-political tensions have been uncomfortably high throughout 2024, what with the ongoing wars in Ukraine, Palestine and Lebanon, missile exchanges between Iran…
To adequately summarise US energy policy in a few short paragraphs is a nigh-on impossible task; a report on the world’s biggest economy (still) and biggest energy producer should really take…
10 years ago this month, Toyota launched their first mass-produced hydrogen car at the Los Angeles Auto Show. The Toyota Mirai was built around a hydrogen fuel cell stack that generated…
What would summer be without rock stars strutting their stuff at giant entertainment venues around the world?! This summer we have seen the likes of Coldplay, Ed Sheeran and Green Day…
A little bit later in the year than usual (because of the recent election frenzy), this month’s report will look at how the oil markets have fared so far in 2024…
Normally at this time of the year, we look back over the past 6 months to see how oil and energy markets have developed since January. But with 4 general elections…
The South American continent has long been associated with oil exploration. Although not quite as synonymous as the countries of the Middle East, the likes of Venezuela, Brazil and Colombia have…
Mention Nigeria to “the man on the street” and he will probably mention the oil industry at some point. This is understandable on the basis that Nigeria is not only the…
This time 2 years ago gas prices went stratospheric, as energy markets grappled with the implications of the Russian invasion of Ukraine. Within a week of the invasion, European gas prices…
In last month’s report, we pointed out that increasing tensions in the Red Sea – centred on Yemen’s Houthi rebels – could be one of the factors that send oil prices…
This time last year, UBS predicted that prices in 2023 would “likely soar past $100 a barrel”. At the same time and in a similar style, Goldman Sachs saw Brent averaging…
Last week’s announcement by Petroineos to close their Grangemouth oil refinery in 2025 not only took the industry by surprise, but it simultaneously blindsided both the UK and Scottish Governments. The…
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