Chevron’s CEO Just Warned of Physical Oil Shortages. This  Offshore Driller Is Up 171% and Still Trades Below Book Value

Chevron’s CEO Just Warned of Physical Oil Shortages. This $6 Offshore Driller Is Up 171% and Still Trades Below Book Value

Chevron CEO Mike Wirth turned heads on the Milken Institute on May 4, telling the room that “we will start to see physical shortages” as industrial inventories, shadow-fleet tankers, and strategic reserves get drained on the identical time. With greater than 13 million barrels every day of Middle Eastern crude output knocked offline by the…

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A hard-won exclusive flies around the globe as IEA chief warns of jet-fuel shortages

A hard-won exclusive flies around the globe as IEA chief warns of jet-fuel shortages

Six weeks — that is how lengthy Europe had earlier than operating out of jet gas, based on an exclusive report by Paris-based correspondent John Leicester that shortly reverberated around the world. Leicester secured uncommon entry to International Energy Agency Executive Director Fatih Birol after persistent outreach, beating out lots of of competing interview requests….

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Staff Shortages in Air Traffic Control May Disrupt Passenger Travel

Staff Shortages in Air Traffic Control May Disrupt Passenger Travel

The ongoing staffing points with air site visitors controllers in Ireland have gotten a urgent concern for each authorities officers and passengers. Recent disruptions at Dublin and Cork airports spotlight the precarious state of the aviation {industry} amid these challenges. Minister for Transport Darragh O’Brien has pledged to attenuate disruption to passengers, asserting, “Our primary…

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