NEWS OF THE DAY: Norway will continue to explore for oil and gas, incoming government saysVictoria Klesty, Terje Solsvik, Nerijus Adomaitis Reuters, October 13, 2021 Norway will continue to explore for oil and gas in the next four years, with most new drilling permits to come in mature regions of its oceans, the incoming government said on Wednesday. A minority … read more

NEWS OF THE DAY: The Great Power CrunchStephen Stapczynski, Bloomberg, October 12, 2021 The global energy crisis that’s triggering blackouts in China and shuttering gas providers in the U.K. has actually been in the making for years. Suppliers of natural gas and coal didn’t invest in new projects in the middle of the 2010s, either due to unattractive prices or … read more

NEWS OF THE DAY: Oil Price Jumps Above $80 and Natural Gas Races Higher, Turbocharged by Supply ShortagesAmrith Ramkumar, The Wall Street Journal, October 11, 2021 Crude prices are outpacing copper and other commodities by the widest margin in more than a decade The extended climb in oil prices is leaving some other industrial commodities behind, a divergence that reflects … read more