The Biden Administration investment in EV manufacturing is taking a significant step forward as the U.S. Department of Energy (DOE) announced $1.7 billion in grants to convert 11 at-risk auto manufacturing facilities to electric vehicle (EV) production. The 11 facilities are located in eight states: Michigan, Ohio, Pennsylvania, Georgia,...
As the conflict between Israel and the Islamic group Hamas escalates, Israel is taking safety precautions that are producing real-time ramifications for the global oil market and liquid natural gas (LNG) exports. The surprise attack on Israel resulted in a near-immediate shutdown of growing Israeli oil extraction facilities.
The global...
Big Oil Climate Lawsuits are under scrutiny, but blaming only oil giants ignores the full picture.
Global fossil fuel emissions are a shared responsibility between producers and consumers.
Practical solutions, not lawsuits, are needed to tackle climate change effectively.
Some believe that “Big Oil” should be held financially accountable...
During the Covid pandemic, when several industries were forced to halt operations and workers were required to stay at home due to restrictions, many companies began to embrace alternative ways of working to ensure they were able to adapt to the change. While many office workers had an easy...
As the energy sector evolves, the need for robust cybersecurity in the energy supply chain has never been more critical. With advanced technologies integrated at every step, the potential for cyber-attacks has increased, leaving the energy sector vulnerable at specific points.
Meanwhile, the energy transition demands more cybersecurity infrastructure to...
A sleeper pick may win the race for the next generation of green energy. Hydrogen fuel is not new to the green energy race but has largely fallen under the public radar. With hydrogen being the most abundant substance in the universe and having about 2.8X the amount of...
With the COP28 summit behind us, the world’s climate leaders have targeted the coal industry as their latest mark in the global energy transition. A joint effort report paints a bleak picture of the international goal to limit the temperature increase to 1.5 degrees Celsius by 2030.
Coal being a...
The Department of Energy recently announced the plan to replenish the Strategic Petroleum Reserve with a meager 6 million barrels. After draining the SPR to record lows in 2022, this plan seems far short of what many consider an appropriate emergency supply. This stage of Biden’s three-part plan to...
Ambitious Rhetoric vs. Market Realities: Despite Trump’s "Drill, Baby, Drill" promise, oil production decisions are driven by market economics.
Capital Discipline Prevails: Industry leaders emphasize maintaining profitability over rapid production expansion.
Global Supply Challenges: Factors like breakeven prices, OPEC+ dynamics, and renewable energy trends shape U.S. energy strategies.
Ahead...
The U.S. leads in oil, gas, and LNG exports, securing global energy dominance.
Rapid growth in renewables and nuclear energy strengthens U.S. energy leadership.
Innovation in drilling, carbon capture, and energy storage drives future energy success.
President Donald Trump campaigned on the promise of "unleashing U.S. energy dominance," but...
