International Market Analysis

 

Category Archives: Articles & Blogs

Airbus Unveils Designs For Hydrogen-Powered Aircraft Which Could Be Flying By 2035

This week Airbus, the biggest name in aerospace after Boeing, revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. Rather than traditional jet fuel (kerosene — an oil distillate) all three ‘ZEROe’ designs rely on hydrogen (H2) as their primary fuel source alongside batteries to power hybrid engines. Continued

Turkey Finds Enormous Gas Field In The Black Sea — But Tricky Process Ahead

In late August, Turkey’s president Recep Tayyip Erdogan announced that the Turkish Petroleum Corporation (TPAO)’s FATIH drilling ship discovered a 320 billion cubic meters (bcm) i.e. 11 trillion cubic feet (tcf) of natural gas reserves in the Black Sea, within the western part of Turkey’s Exclusive Economic Zone (EEZ). The reserve — identified to be

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The Age Of The ‘Megafire’ Is Upon Us

The west coast of the United States is ablaze. Nearly 100 wildfires burning from San Diego to Seattle have devastated communities, killed at least 14 people, incited rolling blackouts, and caused billions of dollars in damages. California has seen a record-setting 2.5 million acres burned thus far in 2020, with the cooler and damper Pacific Northwest approaching

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Solar Power Prices Sink In The Age Of COVID

Solar module prices in the US and around the world are plummeting, and this has far-reaching implications for humanity’s transition from the age of hydrocarbons to the age of electrification. I have repeatedly defended on these pages that renewables will win out once they become economically competitive with fossil fuels and nuclear. Continued

Get Smart: AI And The Energy Sector Revolution

Artificial intelligence is about to trigger explosive changes in our lives, work, and leisure, but few understand what the technology can do beyond Amazon’s Alexa or Apple’s Siri. These are examples of virtual assistant or ‘weak AI’ technology — the most common example of AI application. But in the data-driven energy sector, sophisticated machine learning

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Israel’s Leviathan Energy Prize: Where Will The Gas Go?

Israel is finally emerging as a natural gas player in the Mediterranean. In the last week of January, the Israeli Navy conducted a complex drill simulating attacks on the country’s offshore oil and gas infrastructure. The exercise included coordinated operations between dozens of naval vessels and aircraft, and even incorporated a live-fire missile test against

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VENEZUELA’S FINEST HOUR: GUAIDO, TRUMP AND THE WEST CAN’T AFFORD TO LOSE | OPINION

We may be approaching the finale of the power struggle between Venezuela’s illegitimate Chavista regime and the country’s beleaguered democratic opposition. If the opposition’s champion Juan Guaido can succeed in wresting authority from Nicholas Maduro, the consequences will reverberate well beyond Caracas, into global energy markets—and exacerbate the U.S.–Russia rivalry. Continued