The alliance has the battle scars from a decade of oil shocks, a pandemic, a war in Ukraine and now conflict between the US-Israel and Iran as another blow, but a flurry of deals at SPIEF underscore the enduring power of the relationship
Overall production drops further in May amid inconsistent compliance and a fragile supply outlook
Baku Energy Week saw Azerbaijan seek to broaden its role in a fractured global energy market, a US push for closer ties with the Caspian country and discussions on crisis responses
The bigger the supply disruption, the bigger the move away from oil and gas use, helping keep energy prices in stasis
Demand destruction could turn into something much worse the longer the Strait of Hormuz remains closed
More than two decades after 2003, Iraq continues to struggle with the consequences of foreign influence, political fragmentation, corruption, and weakened state institutions
As energy markets tighten and prices climb, Europe is being forced to reassess the balance between decarbonisation, energy security and economic growth
The UK plans to permanently ban new oil and gas licences in the name of energy independence, although such restrictive policies risk making the country even more energy dependent
Surging oil prices are once again prompting governments around the world to look at ways to extract more money out of energy companies
The swing consumer is turning a fractured market into a strategic opportunity as a hefty stash of crude gives refiners power in a crisis
Geopolitical disruption is increasingly forcing companies to reassess sourcing strategies, supplier exposure and operational vulnerabilities, experts said at a webinar organised by WPC Energy and the Resilience World Nexus Summit, with official media partner Petroleum Economist.
The Middle East crisis is not the moment for the organisation to fluff its lines on delivering on energy security
How post-2003 Iraq’s reliance on oil has led to corruption and stagnation
Oil-exporting pact sees two consecutive months of similar production losses with Iraq and Kuwait at forefront of supply squeeze, while Iran also suffers
Mounting supply risk will test the EU’s resolve to do away with Russian gas
