ENERGY

Authored by Alex Kimani via OilPrice.com,

• At CERAWeek 2025, Saudi Aramco’s CEO Amin Nasser challenged the IEA’s forecast of peak oil demand.

• The IEA maintained that even with peak demand, ongoing investments in oil and gas will be necessary due to natural field declines.

• Aramco’s ambitious plans to scale blue hydrogen and ammonia face high costs and weak market demand, particularly in Europe and Asia.

With the CERAWeek 2025 conference in Houston drawing to a (more…)

Authored by Charles Kennedy via OilPrice.com,

• A sudden Arctic blast will bring freezing temperatures to major European countries.

• Europe's natural gas storage is at only 36% capacity—significantly lower than last year.

• European gas futures are rising due to anticipated higher demand

The warm temperatures in Europe from earlier this week will abruptly shift to freezing conditions in the weekend and next week, testing Europe’s renewable power generation and (more…)

Authored by Steve Goreham via RealClearEnergy,

Trump Administration actions to scale back renewable energy capture headlines, but citizens are also pushing back. Efforts to deploy wind and solar systems face a rising tide of opposition in towns, counties, and states. Mandates for electric vehicles and electric home appliances are being challenged. The combination of rising local opposition and Trump funding cuts threatens to end the transition to green (more…)