Morocco is rapidly becoming a renewable energy powerhouse thanks to its favourable weather conditions and proximity to Europe. The North African country has rapidly developed its solar energy sector and is now looking to become a major green hydrogen and sustainable shipping hub. Morocco has long been heavily dependent on fossil fuel imports and continues […]

Three decades ago, I had just graduated from Texas A&M University and taken my first job as a chemical engineer in Corpus Christi, Texas. At the time, few people would have expected that this Gulf Coast city would one day sit at the center of the global energy system. Corpus was an important regional hub—refineries,

Colombia’s rapidly approaching 2026 presidential election is generating considerable concern about the economy, notably the country’s oil industry. Gustavo Petro, a former guerrilla who won the 2022 election to become Colombia’s first left-wing president, introduced policies aimed at reducing the country’s reliance on fossil fuels. While this spurred the development of renewable energy, it is

Federal Reserve Bank of Kansas City President Jeffrey Schmid has warned that the current global energy shock cannot simply be dismissed as transitory, given already-elevated baseline inflation. Speaking at a conference in Iceland, Schmid pointed out that inflation has stalled near 3% and remained above the Fed’s 2% target for a long time, making it

The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, bringing the total rig count in the US to 562,  down just 1 from this same time last year. The number of active oil rigs rose by

Multiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. (NYSE:CVX) Chief Executive Officer Mike Wirth revealed in an interview on Bloomberg TV on Friday. According to Wirth, these previously unreported incidents highlight ongoing risks for ships plying the channel despite any ongoing diplomatic efforts. Commercial shipping traffic through the key

Recently signed deals between Georgia and Azerbaijan are raising fresh questions about Tbilisi’s strategic direction and energy security. The deals flowed out of a May 18 meeting in Baku between Georgian Dream Prime Minister Irakli Kobakhidze and Azerbaijani President Ilham Aliyev. Those talks occurred just weeks after Aliyev’s visit to Tbilisi, where he also met

The Philippines has received its first cargo of Iranian crude, Reuters reported on Friday, citing tanker-tracking data from Kpler and Vortexa. A Suezmax vessel capable of carrying up to 1 million barrels of crude that departed from Iran’s Kharg Island in late March made a ship-to-ship transfer offshore Singapore onto another tanker, which delivered the

Brent crude is heading for its biggest weekly drop in two months as markets bet on a 60-day ceasefire extension and partial reopening of the Strait of Hormuz. ICE Brent is set to post its largest weekly loss in two months, dropping by almost 10%, as media reports present a 60-day extension of the current