Both the European Union and the United States are firmly on the path to a net-zero economy. This much has been made clear by officials from both sides of the Atlantic. This is despite the EU’s hunt for more gas and the Biden administration’s calls for more oil production. Before net zero ambitions is achieved—if […]
Global ambitions to tackle climate change are being under discussion by rising concerns about energy security. This is according to a new report by RBC. This is why oil and natural gas are going to be used for quite a while. The Russian invasion of Ukraine has sent energy prices soaring. In effect, there are […]
The US Energy Secretary said on Monday U.S. oil and gas production is rising. It will continue to rise to make up for the 1 to 1.5 million barrels of oil per day. Moreover, it has been pulled off the market in the wake of Russia’s invasion of Ukraine. Jennifer Granholm told CNBC the boost […]
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