The year-old war in Ukraine has had far-reaching impacts on energy markets over the past year, redrawing the global map of oil and gas flows and creating a new boom market for U.S. producers. Europe has shown that it can live without Russian oil and gas, reducing Russian imports to below 20% of total consumption. […]
Authored by Simon Flowers, Chief Analyst and Chairman at Wood Mackenzie. Russia’s war has had a huge impact outside Ukraine, particularly for the global energy markets. Soaring prices and supply chain disruption have led to a fuel affordability crisis in many countries and fed the inflation that’s dragging down the global economy. One year on, […]
Over 15 years in the business, easily the smartest people I’ve met in energy reside in Calgary and Toronto: “Don’t get caught up in the supply story. The demand is insatiable. It’s unstoppable. And it’s growing aggressively globally. And the world has become selfish since Covid came along…you’re protecting yourself and to protect yourself you […]
Fusion energy needs more than a sustained fusion reaction before it can help the world produce sufficient carbon-neutral energy. The U.S. Department of Energy has identified a research and development agenda for a suite of technologies and processes to enable fusion. Two DOE officials named five of those pressing technologies in a webinar Thursday hosted […]