Prometheus Institute

Global crude output will fall to lowest level in four years, energy agency warns in report via Financial Times – Energy https://ift.tt/RIon1h8

Gina Rinehart’s main lithium play is being shielded from diesel price hikes by its high share of wind and solar, the energy sources demonised by Australia’s richest person. The post “We are […]

As demand for data center power skyrockets, available options to provide that power have dwindled. And cohesive frameworks for finding sustainable generation remain few and far between. In this episode, Shayle speaks […]

A foreign tanker carrying Iraqi fuel oil damaged after catching fire in Iraq’s territorial waters, following unidentified attacks that targeted two foreign tankers, according to Iraqi port officials, near Basra, Iraq, March […]

When oil hit $55 per barrel in late 2025, the drilling and completions side of the industry surrendered. A few months later, war breaks out in Iran, and WTI climbs past $100. […]

Data centers need dispatchable power — and no matter how many clean options hit the market, fossil fuel-powered generators remain in huge demand. In just five years, diesel generator capacity at data […]

Brent crude and WTI are once again above $100 and likely to stay there longer than those involved in the planning of the latest war in the Middle East may have expected. […]

The largest oil producers in the Middle East Gulf have deepened production cuts and are already lowering output by a combined more than 5 million barrels per day (bpd) as the de […]

Head of energy policy in world’s fourth biggest economy says scale and pace of energy transition is unprecedented, but the fossil fuel industry is fighting back. The post “A tidal wave of […]

The oil market would experience “catastrophic consequences” if the halt to Strait of Hormuz tanker traffic continues, according to Saudi Aramco, the world’s top crude exporter and biggest oil firm.  “There would […]