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A New Era Of Renewable Energy Owned By The Consumer

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Governments around the world are…

Oil Markets Struggle To Overcome Bearish Sentiment

Oil Markets Struggle To Overcome Bearish Sentiment

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China Is Aggressively Expanding Its Influence In Latin America

China Is Aggressively Expanding Its Influence In Latin America

China has been aggressively expanding…

Energy

Is Lithium Set For Another Bull Run?

May 24, 2023 at 15:41 | Ag Metal Miner

By Stuart Burns via AGMetalminer.com A recent Reuters post detailed how a super-charged two-year rally, which saw Chinese spot lithium carbonate prices rise by tenfold, went into brutal…

Alaska: An Unlikely But Eager Transition Candidate

May 24, 2023 at 15:05 | Charles Kennedy

Alaska is one of the oldest oil-producing regions in the United States. Just recently, the public was reminded of that when the Biden administration approved a new, sizeable oil project…

When Will Chinese Oil Imports Boost Oil Prices?

May 24, 2023 at 14:06 | Tsvetana Paraskova

China’s sluggish crude oil trade in the first quarter of the year has added to macroeconomic concerns and banking sector jitters to keep oil prices around $80 a barrel so…

Gazprom’s Profits Plunge 40% As Sanctions Bite

May 24, 2023 at 13:00 | Alex Kimani

While Russian oil giant Rosneft and LNG giant Novatek are holding down the fort for shareholders, Gazprom is feeling the bite of Western sanctions, based on its full-year profit reporting…

Petrobras To Appeal Amazon Oil Rejection In Lula Litmus Test

May 24, 2023 at 12:01 | Tom Kool

Brazil’s state-run oil giant Petrobras is preparing to file a request to appeal a decision to reject the environmental license for exploratory drilling in the deep waters of the Amapa…

Oil Moves Higher As EIA Reports Huge Crude Draw

May 24, 2023 at 09:37 | Irina Slav

Crude oil prices jumped higher today after the U.S. Energy Information Administration estimated inventories in the country had shed 12.5 million barrels in the week to May 19. A…

U.S. Natural Gas Prices Climb Nearly 3% On Robust Demand

May 24, 2023 at 09:18 | Charles Kennedy

Cooler temperatures this week and a dip in available wind power this month are boosting the demand outlook for June for U.S. natural gas, leading to nearly 3%…

The Problem With Converting CO2 Back Into Fuel

May 24, 2023 at 09:15 | Brian Westenhaus

Helmholtz-Zentrum Berlin für Materialien und Energie researchers are working through the clogging problem in CO2 electrolysis. The greenhouse gas

European Natural Gas Prices Drop To The Lowest Level Since 2021

May 24, 2023 at 07:24 | Tsvetana Paraskova

Benchmark natural gas prices in Europe continued to fall on Wednesday, extending several weeks of losses amid weak demand in the spring and higher-than-normal inventories after the end of the…

S&P Global Warns That A U.S. Default Would Wreak Havoc On Global Energy Markets

May 24, 2023 at 02:16 | Irina Slav

A debt default by the U.S. federal government would shake up the global energy market, S&P Global Commodity Insights has warned, adding, however, that the chance of that happening was…

Can Prosperity Growth Go Together With Net-Zero Goals?

May 23, 2023 at 17:37 | Tsvetana Paraskova

U.S. power use per capita is high, in fact, much higher than in most developed economies, and further growth in prosperity will likely lead to even higher electricity consumption The…

U.S. Extends License To Operate In Venezuela To Oilfield Services Companies

May 23, 2023 at 14:26 | Julianne Geiger

The United States has renewed a license that will extend the authorization to select oilfield services companies to keep assets in Venezuela. The license does not allow the companies to…

Oil Price Bearishness Hits Pandemic Levels

May 23, 2023 at 13:15 | Alex Kimani

Nowadays, the oil bulls just can’t catch a proper break. After a heavy selloff following the collapse of Silicon Valley Bank routed the markets, the markets returned to a…

Norway’s Decision To Step Up Oil Exploration Angers Climate Activists

May 23, 2023 at 11:52 | Irina Slav

Earlier this month, the Norwegian energy ministry said the country would be stepping up oil and gas exploration in the Norwegian continental shelf to improve its energy security and the…

1,650 North Sea Oil & Gas Workers To Strike In Biggest Walkout So Far

May 23, 2023 at 10:58 | City A.M

Around 1,650 North Sea offshore contractors will begin two new rounds of 48-hour strike action in what a trade union said is the biggest walkout in the sector…

Palladium May Be Key To New Era Of Superconductors

May 23, 2023 at 10:23 | Brian Westenhaus

At issue is how can we produce the best superconductors that remain superconducting even at the highest possible temperatures and ambient pressure? Vienna University of Technology with collaboration…

JP Morgan Bets Big On Carbon Removal  

May 23, 2023 at 09:57 | Charles Kennedy

JP Morgan is betting big on carbon removal and is buying credits from direct air capture developers to offset its environmental footprint, officials at the largest U.S. bank have told…

Oil Prices Rise As Saudi Energy Minister Threatens Short Sellers

May 23, 2023 at 09:20 | Michael Kern

Oil prices rose by nearly 2% early on Tuesday after the Saudi energy minister warned short sellers to “watch out” and as seasonal demand for fuel is set to rise…

Strong Fuel Demand Boosts Oil Prices

May 23, 2023 at 06:10 | Michael Kern

Strong demand for oil products is helping to drag oil prices higher, although the risk of a U.S. default and the upcoming OPEC+ meeting are the two major factors oil…

Returns vs Emissions: The Big Oil Shareholder Fight

May 22, 2023 at 16:28 | Irina Slav

Big Oil is in the middle of a war no one could have seen coming just a few years ago. On one side are investors that like the supermajors’ recent…

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