The Quiet Power Behind the Oil Trade
In every Middle East crisis, public attention turns first to missiles, fleets, and air power. That is understandable, but it misses the mechanism that...
Iran War Undermines Trump’s Fossil Fuel Push
The war involving Iran, the United States and Israel is exposing the risks of the global economy’s heavy reliance on fossil fuels, challenging the...
The Venezuelan oil rush is on. Now comes the hard part
In September, the drilling rig named Alula arrived in Venezuela’s Lake Maracaibo after traveling from China. This was significant because it was the first...
Offshore Exploration South of Crete: Greece Moves from Hesitation to Strategic Discipline
The recent activation of offshore exploration in the two deep-water areas south of Crete, as well as in the southern Ionian Sea, marks a...
U.S. Poised to Ease Venezuela Oil Sanctions With Broad New License
The United States is preparing to issue a general license that would lift some sanctions on Venezuela’s oil industry, marking a significant shift in...
America’s Arctic Chill Sends Shockwaves Through a Globalised Gas Market
A severe Arctic blast sweeping across the U.S. Northeast and Midwest has sent natural gas prices soaring, reviving a familiar but increasingly global problem:...
When Conflict No Longer Moves Oil
Despite escalating conflicts, sanctions, and strategic rivalry across key producing regions, the global oil market increasingly behaves less like a system gripped by scarcity...
Trump’s Fossil Fuel Push Risks Ceding Global Clean-Energy Leadership to China
President Donald Trump has doubled down on fossil fuels as the cornerstone of U.S. industrial policy, rolling back environmental regulations, expanding oil and gas...
Heavy Oil and Venezuela’s Shifting Role
Venezuela’s place in global energy history is far more substantial than today’s production figures suggest. During the Second World War, the country was nothing...
Why Venezuela’s Oil Wealth Won’t Flow Quickly
Venezuela may struggle to increase its crude oil production for years, despite potential investments from U. S. oil companies promised by President Donald Trump...