Among the swathe of Chinese entities last week placed by the U.S. Department of Defense (DOD) on a blacklist of firms believed to be supporting Beijing’s military were several from its energy sector. Most notable of all, perhaps, were the China National Offshore Oil Corporation’s (CNOOC)

The two-day oil price rally on Friday and Monday following the latest U.S. sanctions on Russia’s oil exports goes to show that geopolitics will continue to play a key role in oil price action and market balances this year. The price rally, which pushed oil to four-month highs, could just be a

The European Union has been funding wind power as a priority in energy policy. Buildout has been fast and sizable—and yet the bloc remains more dependent on coal than wind. This dependence could deepen instead of vanishing because the pace of new capacity additions is slowing down. Last year, the

The African continent is faced with an extremely difficult energy ‘trilemma’ – the largely underdeveloped bloc needs to find a way to manage its energy production and imports in a way that balances sufficient and reliable energy with affordability and sustainability. Achieving all three of these

The American Petroleum Institute (API) estimated that crude oil inventories in the United fell by 2.6 million barrels for the week ending January 10. Analysts had expected a noteworthy 3.5-million-barrel draw. For the week prior, the API reported a draw of 4.022-million-barrel in U.S. crude oil