Thursday, September 3, 2026
Perspective: Inconvenient truths about energy- oil and gas 360

Perspective: Inconvenient truths about energy

The Gazette By Chris Wright The energy transition is not happening. Or not nearly at the pace that everyone believes or wishes. At current rates the “transition” is set to finish in the mid-2600s. The U.N. Rio Convention and subsequent Kyoto Protocol launched the energy transition drive in 1992. Global energy consumption from hydrocarbons has grown massively since then, with

Asia will become the ‘default market’ for Russian oil, Dan Yergin says- oil and gas 360

Asia will become the ‘default market’ for Russian oil, Dan Yergin says

CNBC Asia will become the default market for Russian oil as the country tries to find buyers for its energy exports, said Dan Yergin, vice chairman of S&P Global. Major oil importers in Asia like China and India have been pressured by oil prices which have soared since Russia invaded Ukraine in late February. Besides the appeal of cheaper Russian

Biden poised to use cold-war powers to boost battery metals- oil and gas 360

Biden poised to use cold-war powers to boost battery metals

Bloomberg President Joe Biden is poised to invoke as soon as this week Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter. The White House is discussing adding battery materials to the list of items covered by the 1950 Defense Production Act — the same

Germany girds for gas rationing, Europe on edge in Russian standoff- oil and gas 360

Germany girds for gas rationing, Europe on edge in Russian standoff

US News BERLIN/FRANKFURT -Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe’s largest economy ration power if a standoff over a Russian demand to pay for fuel with roubles disrupts or halts supplies. Moscow’s insistence on rouble payments for the Russian gas that meets a third of Europe’s annual energy needs has galvanised others