Why Qatar’s LNG Halt Won’t Trigger a Long-Term Global Price Spiral

Natural gas prices have reacted strongly to QatarEnergy’s decision to cease LNG production and the closure of the…
#NewsBeep #News #Headlines #CA #Canada #fuelswitching #gassupplyshock #LNG #NaturalGas #NorthFieldEast #QatarEnergy #RussianLNG #RystadEnergy #StraitofHormuz #TTF
https://www.newsbeep.com/421497/

Oil Bears Are Dangerously Underestimating Geopolitical Risk

For decades, oil prices could swing wildly on even the distant prospect of war in the Middle East.…
#NewsBeep #News #Headlines #Brentcrude #CA #Canada #Chinaoilstorage #crudeoil #geopolitics #Oilmarket #oilprices #RystadEnergy #StraitofHormuz #U.S.-Iranconflict #WTI
https://www.newsbeep.com/399071/

US oil majors remain wary of investing in Venezuela despite government overtures, citing high costs and political risks, with past expropriation losses and uncertain policy support dampening prospects for rapid sector recovery.
#YonhapInfomax
#Venezuela #ExxonMobil #OilInvestment #PoliticalRisk #RystadEnergy
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=98604
Oil Majors Diverge from US Government on Venezuela Investment Prospects

US oil majors remain wary of investing in Venezuela despite government overtures, citing high costs and political risks, with past expropriation losses and uncertain policy support dampening prospects for rapid sector recovery.

Yonhap Infomax
WTI crude fell 1.1% to $58.64 as markets turned cautious amid Ukraine ceasefire negotiations, with prices pressured by global oversupply and geopolitical tensions.
#YonhapInfomax #WTICrude #UkraineCeasefire #OilPrices #RystadEnergy #CaspianPipelineConsortium #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93593
WTI crude surged 2.1% as markets reacted to the heightened risk of a failed US-Russia summit, with potential sanctions on Russian oil fueling supply concerns.
#YonhapInfomax #WTICrude #USRussiaSummit #OilPrices #Sanctions #RystadEnergy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77285
[New York Oil Price]Reflecting Potential Failure of US-Russia Summit—WTI Surges 2.1%

WTI crude surged 2.1% as markets reacted to the heightened risk of a failed US-Russia summit, with potential sanctions on Russian oil fueling supply concerns.

Yonhap Infomax
Asia faces heightened risk from a potential Strait of Hormuz blockade, threatening energy supplies and inflation outlook, with analysts warning of possible rate hikes as oil and gas prices surge.
#YonhapInfomax #StraitOfHormuz #RystadEnergy #AsiaInflation #OilPrices #LNGImports #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68870
Asia Vulnerable to Hormuz Strait Blockade—Rate Hikes May Resume

Asia faces heightened risk from a potential Strait of Hormuz blockade, threatening energy supplies and inflation outlook, with analysts warning of possible rate hikes as oil and gas prices surge.

Yonhap Infomax

Global Offshore Wind to Top 520 GW by 2040, Floating Wind to Play Major Role – Rystad Energy

By 2040, Europe is expected to account for more than 70 per cent of global floating wind installations. Although some project delays beyond 2030 are anticipated, there will likely be a strong push to accelerate deployment, according to Rystad Energy

https://www.offshorewind.biz/2024/08/23/global-offshore-wind-to-top-520-gw-by-2040-floating-wind-to-play-major-role-rystad-energy/

#energy #energytransition #renewables #renewableenergy #offshorewind #wind #world #floatingwind #RystadEnergy

Global Offshore Wind to Top 520 GW by 2040, Floating Wind to Play Major Role – Rystad Energy

According to Rystad Energy, global offshore wind capacity will surpass 520 GW by 2040, with floating wind installations nearing 90 GW by that time. In 2023, the offshore wind sector saw a seven per cent increase in new capacity additions compared to the previous year, said Rystad Energy. This momentum is expected to accelerate this […]

Offshore Wind
"La dependencia del petróleo es mucho mayor de lo que pensamos. El problema del diésel."
https://futurocienciaficcionymatrix.blogspot.com/2024/05/la-dependencia-del-petroleo-es-mucho.html?m=1

Hay que entender el gráfico y el problema. La cosa es que se puede electrificar rápidamente solo una parte de este consumo (vehículos ligeros y generación eléctrica), pero hay sectores que no, y continuarán necesitando sus fracciones de destilados. El problema es que si por ejemplo quitamos los vehículos privados (que ya es mucho suponer), la demanda de diesel apenas baja y la de queroseno, nada en absoluto. Las refinerías apenas pueden cambiar las proporciones de destilados, así que si necesitamos X diesel e Y queroseno, vamos a producir Z gasolina siempre (aunque no la vayamos a consumir).
Conclusión: solo podemos reducir si reducimos TODOS los sectores a la vez. Teniendo en cuenta la no electrificabilidad de muchos de ellos, de nuevo solo podemos reducir si REDUCIMOS todos ellos. O sea: un colapso. Y, viendo cómo de difícil parece ser ver esto y actuar en consecuencia por parte de quien más poder tiene (pero pocos incentivos para actuario), no parece que el colapso vaya a ser muy ordenado.

Nota: colapsar no es malo. Lo malo es la hambruna, las guerras y las plagas. La humanidad ha vivido el 99% de su tiempo con mucho menos, y eso no significaba miseria. Desde la óptica occidental desarrollista sí parece malo esto de la reducción material de la civilización, pero es una forma de mirarlo. No la mía, claro.

#Colapso #Petróleo #RystadEnergy #PeakOil #Simplificación
La dependencia del petróleo es mucho mayor de lo que pensamos. El problema del diésel.