Prometheus Institute

In a special U.S. policy oil and gas market update sent to Rigzone by the Rystad Energy team late Wednesday, Matthew Bernstein, a vice president of upstream research at Rystad, stated that, […]

The probability is very low that President Trump will be able to arm-wrestle Muhammed bin Salman of Saudi Arabia to produce more oil. That’s what Bjarne Schieldrop, chief commodities analyst at Skandinaviska […]

Oil Prices Under Pressure After Trump Calls on OPEC to Boost Production Crude oil prices faced significant downward pressure this week, driven by President Donald Trump’s direct call for lower oil prices […]

A new report shows that the European Union just passed a major milestone in its journey toward decarbonization. For the first time, in 2024, the share of electricity generated from solar power […]

In our latest Short-Term Energy Outlook (STEO), we expect that U.S. renewable capacity additions—especially solar—will continue to drive the growth of U.S. power generation over the next two years. We expect U.S. utilities and […]

TerraPower, the nuclear energy company founded by former Microsoft CEO and co-founder Bill Gates, announced it has a memorandum of understanding with a major U.S. data center developer to deploy […] The […]

It seems like the mining sector is following in the footsteps of oil and gas with the era of the megamerger in full swing. There is great speculation about the potential merger […]

Coal is still king in China despite the renewables boom with record additions of solar and wind power generation.   Thermal power generation, which is overwhelmingly dominated by coal, rose by 1.5% in […]

In our January Short-Term Energy Outlook (STEO), we expect that U.S. wholesale power prices will average slightly higher in 2025 in most U.S. regions than last year, except in Texas and in […]

There’s been a bit of media whiplash on the issue of AMOC slowing lately – ranging from the AMOC being “on the brink of collapse” to it being “more stable than previously […]