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Stanley Reed
Posts
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Why Are Oil Prices Falling While War Rages in the Middle East?
Energy markets have shrugged off the fighting between Israel and Hamas so far, focusing instead on forecasts of subdued demand.
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Orsted, Offshore Wind Firm, Cancels N.J. Projects
Denmark’s Orsted said it would be forced to write off as much as $5.5 billion as wind developers in the U.S. face wrenching financing costs.
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Siemens Energy in Talks With German Government for Financial Help
Financial problems at the company, a major supplier of wind turbines and power plants, could hamper the energy transition.
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Chevron to Acquire Hess for $53 Billion in Latest Major Oil Deal
The acquisition marks further consolidation of the oil industry and highlights the confidence that energy companies have in the future of fossil fuels.
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Iran’s Call for Oil Embargo on Israel Roils Markets
A top Iranian official urged Islamic countries to halt oil shipments to Israel, briefly causing a jump in crude prices.
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Natural Gas Prices Rise on Israel Concerns and Finland Pipeline Leak
Europe has largely disconnected from Russian gas supplies but remains heavily dependent on imported fuel, exposing it to unexpected disruptions.
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Chevron Shuts Down Natural Gas Platform Near Gaza Strip
The U.S. energy company temporarily closed operations at its Tamar natural gas field, which is about 12 miles from the Gaza Strip, at Israel’s request.
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Green Energy Casts a Shadow Over a Cherished English Landscape
Residents of East Anglia fear that planned power lines for offshore wind projects will blight their rural idyll.
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Israel-Gaza Conflict Could Slow Natural Gas Investment in Area
The fighting could hurt ambitions of Israel and the wider region, which have received a lift from Chevron to become a hub for exporting natural...
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Oil Prices on a March Toward $100 a Barrel
Analysts have raised their forecasts for oil prices, as they try to understand Saudi Arabia’s intentions with recent production cuts.