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Article Archive

Gazprom’s Profits Plunge 40% As Sanctions Bite

May 24, 2023 at 13:00

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…

Is Lithium Set For Another Bull Run?

May 24, 2023 at 15:41

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…

When Will Chinese Oil Imports Boost Oil Prices?

May 24, 2023 at 14:06

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…

Alaska: An Unlikely But Eager Transition Candidate

May 24, 2023 at 15:05

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…

The Problem With Converting CO2 Back Into Fuel

May 24, 2023 at 09:15

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

Clean Energy Megaprojects Face Iron Law

May 24, 2023 at 12:44

Developers looking to build thousands of wind turbines off the Mid-Atlantic and New England coast are coming up against a force even more relentless than the Atlantic winds:…

Poland Steps Up Gold Buying

May 24, 2023 at 10:31

Poland is buying gold again. The National Bank of Poland added nearly 15 tons of gold to its reserves in April, according to data published by…

Petrobras To Appeal Amazon Oil Rejection In Lula Litmus Test

May 24, 2023 at 12:01

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…

Russia Says Warship Guarding Pipelines Attacked By Ukraine

May 24, 2023 at 10:25

A Russian warship guarding pipelines in the Black Sea has been attacked by three Ukrainian speedboats, Russia’s Defence Ministry said on Wednesday. This, after Russia is still reeling from the…

Oil Moves Higher As EIA Reports Huge Crude Draw

May 24, 2023 at 09:37

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

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%…

European Natural Gas Prices Drop To The Lowest Level Since 2021

May 24, 2023 at 07:24

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

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…

Oil Price Bearishness Hits Pandemic Levels

May 23, 2023 at 13:15

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…

Can Prosperity Growth Go Together With Net-Zero Goals?

May 23, 2023 at 17:37

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

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…

Declining Iron Ore Prices Show China’s Recovery is Still Dragging

May 23, 2023 at 08:54

The iron ore slump shows that the Chinese economy continues to struggle. Moreover, if things on the steel front do not improve quickly, demand

Palladium May Be Key To New Era Of Superconductors

May 23, 2023 at 10:23

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…

Can China Secure Its Long Term Goals In Afghanistan?

May 23, 2023 at 09:27

At a trilateral meeting in Islamabad on May 9, the foreign ministers of China, Pakistan and Afghanistan agreed to extend the China-Pakistan Economic Corridor (CPEC) into…

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

May 23, 2023 at 11:52

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…

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