2025

In the global race to achieve net-zero emissions, India stands at the threshold of a transformative clean energy revolution. Green hydrogen, a fuel produced through water electrolysis using renewable sources, has captured attention for its immense potential to cut carbon emissions and drive economic growth.

Artificial intelligence (AI) is transforming industries at an unprecedented pace, but its rapid adoption comes with a significant challenge: energy consumption.

The Worldwide Rig Count for February was 1,741, up 46 from the 1,696 counted in January 2025, and down 71, from the 1,813 counted in February 2024.

Brent fell 5 cents to $70.9 a barrel, WTI shed 10 cents to $67.58 a barrel.

Furthermore, the eight countries reiterated their collective commitment to full conformity with the additional voluntary production adjustments as agreed under the 53rd JMMC meeting on April 3, 2024. T

According to Iran’s oil ministry, Qatar has already implemented pressure enhancement schemes, boosting production on Qatar’s side of the field (called North Dome).

In October 2023, the board of directors of Orano approved an investment of about EUR1.7 billion to raise the production capacity of the plant. The decision followed requests from some US and European customers who are seeking alternatives to Russian sources of supply.

The Sunbird concept is for the fusion-powered 'tugs' to be permanently based in space, able to dock on to spacecraft and propel them at high speed over vast distances. Pulsar Fusion says it foresees a compact nuclear fusion engine providing both thrust and electrical power for spacecraft, including as much as 2 MW of power on arrival at a destination.

The Boca de Jaruco field produces extra-viscous, extra-heavy oil (natural bitumen) from carbonate deposits using thermal steam methods. Zarubezhneft has quadrupled its annual production over the past five years, while the stock of production wells has remained unchanged at seven wells.

OIL Markets have been experiencing dehorning by the bears with the benchmark BRENT trading at $69.45/bbl and WTI Crude trading at $66.12/bbl. We have seen a short squeeze on Natural Gas to $4.34/mmBtu pricing as plays within the COTs Reports have had sluggish skewness pushing prices higher currently at $4.50/mmBtu.Tread cautiously as this is thin ice.