What's New
US-Iran Nuclear Negotiations Derail Over Scheduling Clash
Thursday 12th of June 2025
Diplomacy between the United States and Iran over the future of Tehrans nuclear program has hit a new snag -- not over uranium enrichment or sanctions, but over the simple matter of when to meet.As US President Donald Trump insists the next round of t…
Grid Resilience Will Come At A Hefty Price
Wednesday 11th of June 2025
Grid upgrades, expansions, and resilience will need trillions of U.S. dollars of investments to catch up with the rising share of renewable energy generation. Governments, especially in Europe, have started to realize that the net-zero ambitions and t…
Iraq’s Economy on Edge Due to High Oil Income Dependence
Tuesday 10th of June 2025
Iraq is on the brink of an economic breakdown as OPEC’s second-largest producer continues to rely mostly on oil exports for federal government revenues, analysts warned on Monday after official data showed that oil represents a whopping 91% of all fe…
US Oil Drillers See Sharp Decline in Activity
Monday 9th of June 2025
The total number of active drilling rigs for oil and gas in the United States fell yet again this week, according to new data that Baker Hughes published on Friday, following a 3-rig decrease last week, and a 10-rig decrease the week before that.The t…