Croatia’s Supply Cut Puts Central Europe’s Non-Russian Oil Plans Under Pressure
A reduction in crude deliveries to Slovak refiner Slovnaft exposes the fragility of alternative oil supply routes in the...
Oil & Gas
DEVELOPMENTS
U.S. Natural Gas Demand Could Surge as AI Data Centers Proliferate
By 2035, data centers are projected to be the second-largest driver of U.S. natural gas demand, behind liquefied natural gas exports.
Fossil Fuels will Remain Dominant in Global Energy Mix Beyond 2050, McKinsey Says
Despite rapid growth in renewable energy, McKinsey’s latest analysis projects that oil, gas, and coal will continue to s...
US Expands Economic Ties with Mozambique, Backs Mineral and Gas Projects
Strategic investments by U.S. agencies aim to strengthen Mozambique’s energy and mining sectors amid political and envir...
California Lawmakers Vote to Allow Sale of Higher-Ethanol Fuel, Paving Way for Low-Cost, Energy-Efficient Gasoline
The landmark vote brings California closer to cheaper pump prices and expanded use of cleaner, American-made ethanol fue...
Shifting Tides: The Evolving Landscape of the Global Oil and Gas Industry in the Face of Renewable Energy Transitions and Technological Innovations
The global oil and gas sector is susceptible to geopolitical developments, and disturbances in significant oil-producing regions can have repercussions on oil prices worldwide. Additionally, the industry's performance is influenced by economic downturns and fluctuations in demand.
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