In the throes of fundamental change, the world’s energy system has become strikingly more fragile and easier to shock The world is living through the first major energy crisis of the clean-power transition. It won’t be the last. The shortages jolting natural gas and electricity markets from the U.K. to China are unfolding just as […]
Noia’s first Oil & Gas Conference since the beginning of the global pandemic concluded on Wednesday, September 22 with an overwhelming sense of optimism for the future. While it was a scaled back version of our typical conferences, members appreciated the insightful content and long overdue opportunity to network with colleagues and friends. Some of […]
The global energy crunch could help propel oil prices above US$100 a barrel for the first time since 2014 and spur a global economic crisis, according to Bank of America. Natural gas prices have already surged to almost double that level in oil equivalent terms, and BofA says a spike in demand for diesel could […]
Benchmark U.S. crude oil prices punched through US$75 a barrel earlier this week and are expected to head higher. At the same time, natural gas prices have shot up to record levels in Europe and have been climbing in North America. With all of the talk about the transition away from fossil fuels, it’s easy […]
