Tinker Energy Associates CEO Scott Tinker is optimistic that a combination of passion, expertise and funding can solve the world’s existential crisis—if the right questions are asked.
Russia plans to gradually ease the export cuts and focus on only reducing output.
Here is a look at some of this week’s renewable energy news, including a new modeling tool for superhot rock.
Stockpiles unexpectedly declined by 2 MMbbl to 445 MMbbl in the week ended March 15, as exports rose and refiners continued to increase activity.
Events threatening instability are commonplace in the energy sector. Panelists at CERAWeek by S&P Global discussed the strategies their companies are taking to tackle uncertainty.
U.S. Sens. Joe Manchin and Daniel Sullivan argued against the recent LNG pause announced by U.S. President Joe Biden, saying it creates doubts among allies and creates an opening for competitors as well as U.S. rival Russia.
By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
On average, Stratas Advisors predicts that supply will be at a deficit of 840,000 bbl/d during 2024.
Increased geopolitical risk and the shift from fossil fuels to renewables are pulling the world in different directions, and the U.S. will be called to play a significant role in the global tug of war.
Stratas Advisors expects oil prices to move higher in the middle of the year, but for the upcoming week, there is no impetus for prices to raise.