For years now, China has been the world’s most generous sponsor of alternative energy systems and electric vehicles. This has not only made it the biggest market for such technologies but also the biggest exporter, and that has helped the country offset economic troubles in other…

Hydropower is the quiet workhorse driving the global clean energy transition. Although it gets just a mere fraction of the media and political attention that solar and wind energy do, hydropower is by far the largest source of clean energy worldwide, and is the third-largest sour…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 9.1 million barrels in the week ending May 15. In the week prior, US crude oil inventories fell by 2.188 million barrels. Analysts had expected a 3.4 million-barrel draw for t…

U.S. natural gas exporters are asking Europe for something increasingly common in global energy markets these days: a timeout. American LNG suppliers want the European Union to push back enforcement of its methane emissions rules until at least 2028, arguing the regulations are a…

If we think of electricity purely as a commodity, then we should apply to it the one financial rule that dominates all commodity markets everywhere: the lowest cost producer always wins. The logic behind this is simple. Why would anyone pay more for an identical product, scarcity…

Europe’s post-Russian energy system is increasingly being built around Norwegian gas. As the continent continues adapting to the fallout from Russia’s invasion of Ukraine, Norwegian natural gas has emerged as one of the region’s most strategically valuable energy supplies—offerin…

The United States has become the oil and gas supplier of last resort for many importers amid the Middle East crisis. The reason it could become the supplier of last resort was shale, so the question naturally arises whether the U.S. shale revolution could be repeated in other par…

Venezuela is making a fresh pitch to foreign oil companies: this time, if things go sideways, you may not have to fight it out in Caracas. Oil Minister Paula Henao said Tuesday that Venezuela’s new hydrocarbons framework will allow contract disputes to be resolved outside the cou…

Russian President Vladimir Putin is set to arrive in Beijing for a two-day state visit with Chinese leader Xi Jinping as both navigate strained relations with the West and an ongoing war in Iran that has choked global energy supplies. Putin's May 19-20 visit, his 25th to China si…

India's electricity grid is expanding at a slower pace than the boom in renewable energy installations, leading to increased share of clean energy curtailments and threatening to slow the solar and wind boom in the world's most populous country. Grid and transmission constraints…

Oil prices steadied near $110 as Trump delayed planned action against Iran and Washington extended waivers for buyers of Russian crude. Historic SPR Drawdowns Propel US Crude to Global Markets - Record US SPR volumes are pushing out record volumes of US crude to the export market…

The U.S. Energy Information Administration published its May Short-Term Energy Outlook, reflecting a continued disruption to Middle Eastern oil flows.

The Annual Energy Outlook 2026 (AEO2026) explores medium- and long-term alternative futures in the United States through 2050. AEO2026 enables the public to explore a suite of alternative pathways for our energy future depending on assumptions made about markets, technological br…

The U.S. Energy Information Administration published its April Short Term Energy Outlook this week, examining the implications of the closure of the Strait of Hormuz.

Crude oil price movements. The Brent crude oil spot price has risen sharply following the onset of military action in the Middle East. Brent settled at $94 per barrel (b) on March 9, up about 50% from the beginning of the year and the highest since September 2023. Crude oil price…

Natural gas prices rose sharply in January, averaging $7.72 per million British thermal units (MMBtu), as cold weather increased heating demand, reduced production, and led to record storage withdrawals during Winter Storm Fern. The drawdown for the week ending January 30 was the…