Ethanol: Not The Energy Transition We're Looking For

Eurasia Energy War? As analysts and traders continue to assess the Gulf energy shock and its implications for the global economy, another alarming development has emerged across the energy sector: Ukrainian kamikaze drone strikes have reportedly disrupted a significant portion of Russia's oil export capacity, according to Reuters. Reuters calculates that recent Ukrainian drone strikes on Russia's oil and fuel export infrastructure, including attacks on all three of Russia's major western oil export ports, Novorossiysk on the Black Sea and Primorsk and Ust-Luga on the Baltic Sea, have eliminated 40%...

Norway Lobbies To Persuade EU To Drop Arctic Drilling Ban Authored by Tsvetana Paraskova via OilPrice.com, Norway, Western Europe's top oil and gas producer, has intensified lobbying at the European Union to persuade the bloc to remove or tweak its moratorium on Arctic oil and gas drilling. Norway, which is not a member of the EU but is the biggest gas supplier to European markets, has sent nearly a dozen of its ministers to Brussels so far this year to discuss energy and trade and the state of the Arctic drilling. The Iran...

Iran Has Dug Out More Missile Tunnels Than Previously Thought: Satellite Analysis During the current but tenuous ceasefire, Iran has successfully managed to excavate multiple key sites tied to its missile program that were previously bombarded by the American-Israeli warplanes during the initial five weeks of Operation Epic Fury. While the revelation is not exactly new, a fresh CNN report has confirmed through recent satellite imagery that more missile tunnels have been dug out than previously thought. Tehran utilized basic construction equipment to dig out several missile launchers and reopen subterranean tunnels tied...