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Oil Market Runs Down Safety Cushion as Supply Shock Worsens

The last tankers out of the Persian Gulf are reaching their destinations. Strategic reserves are being drained to make up for lost Middle East supply and keep a lid on prices. But there is a problem with this: an emergency response to a crisis is by definition unsustainable. Analysts and energy... Далее

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China's Solar Boom Has Created a Massive Oversupply Problem

China has expanded its cleantech manufacturing capacity so much that industry players are searching for a way to decrease competition to make pricing more realistic and stop smaller producers from falling into debt. However, despite the problem being discussed widely last year, no solution has yet... Далее

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Ukraine’s Drone War Is Reaching Deep Into Russia’s Oil Heartland

Russia’s Leningrad Oblast lies some 600 kilometers from the closest corner of Ukraine. But on April 15, its governor declared it a “frontline” region. Part of his explanation: From January through March, a total of 243 Ukrainian drones were shot down over the province, he said. Some drones were not... Далее

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The Breakaway Climate Conference Challenging the COP Process

Colombia and the Netherlands co-hosted the first Transitioning Away from Fossil Fuels Conference in the coastal city of Santa Marta in Colombia from April 24–29. Several state leaders praised the conference for its explicit focus on reducing reliance on fossil fuels and supporting a global green... Далее

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Trump Could Tap Oil under U.S. Military Bases to Top Strategic Reserve

The Trump Administration is looking for innovative ways to tap more crude from federal lands as the U.S. Strategic Petroleum Reserve (SPR) is being depleted again by emergency stock releases amid the global supply shock from the Iran war. One of these creative new ways to refill the SPR could be... Далее