Is Infinite Clean Energy Near?
After decades of research and planning, a group of scientists in France are attempting to achieve the impossible: harnessing the heavens. They are building a tokamak, a donut-shaped, man-made, artificial…
Turkey’s Opaque Private Energy Sector
Patronage and Power Players in Turkey’s Energy Sector In parallel with the rise to power of President Recep Tayyip Erdogan and his Justice and Development Party (AKP), we are witnessing…
Tesla Cuts Model 3 Orders From Core Supplier By 40 Percent
Just days after the Shanghai government was stunned to read in the WSJ that it had granted Tesla permission to open a new gigafactory in its free-trade zone (turns out…
The 4 Factors Driving Next Year’s Oil Markets
With earnings season in full swing, we thought it helpful to outline what we are looking for in oil and gas production and refining company statements and earnings calls. Several…
The Petrodollar’s Biggest Challengers
Established in the early 1970s, the petrodollar has secured the United States’ influence over the oil trade for over 40 years, but recently, it is clear that this monopoly is…
North Korea Hit Hard As Coal Exports To China Fall 71%
According to Chinese customs data released on Tuesday, the country imported 512,000 tonnes of coal – mainly the steelmaking variety – from North Korea in September. Volumes were down 71.6…
Has Gulf Of Mexico Oil Production Plateaued?
GoM C&C production for July by BOEM was 1746 kbpd and by EIA 1761, compared with, respectively, 1631 and 1634 kbpd (corrected) in June. The EIA number is a new…
Venezuela Avoids Default With Critical Payment
On Wednesday, when looking at the imminent principal payment on $842 million in debt issued by Venezuela’s state-run oil company PDVSA , we warned that the state – which had…
Saudi Arabia Introduces New GCC Taxes
Saudi Arabia’s General Authority of Zakat and Tax released the final implementing regulations to legislation governing the new GCC-wide value-added tax The move, which was announced on GAZT’s website and…
New Mandate Pushes Trucking Industry Fuel Efficiency
How the ELD Mandate Will Improve Fuel Efficiency In August, R-Squared Energy reported that the U.S. set a new gasoline demand record. We stated that a key reason for this…