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Energy / Energy-General

Colombia’s Ambitious Renewable Energy Revolution

May 05, 2023 at 09:56 | Felicity Bradstock

Since Gustavo Petro became president of Colombia last summer, hopes around the future of the country’s renewable energy sector have risen. Petro has repeatedly stated that he wants…

Just How Advanced Are Today’s Autonomous Vehicles?

May 05, 2023 at 09:41 | Felicity Bradstock

By now, most people have a basic idea of the concept of autonomous driving that goes beyond what was depicted in old sci-fi movies. But few understand the…

Kazakhstan Could See Utility Costs Surge This Summer

May 05, 2023 at 09:38 | Eurasianet

A senior official in Kazakhstan has warned that household utility rates are set to rise precipitously, by up to 30 percent, this summer as the country confronts the…

Is Russia Really Cutting Oil Production?

May 05, 2023 at 09:22 | Irina Slav

Earlier this year, Russia said it would reduce its oil production rate by half a million barrels daily in response to Western sanctions and as part of OPEC+…

What Happened To Oil & Gas Dealmaking In The First Quarter?

May 05, 2023 at 08:58 | Alex Kimani

After a very fruitful period that saw the energy sector emerge as the best performer in 2022, the oil price rally has ground to a halt and fully…

Oil Markets Struggle To Shake Economic Doom And Gloom

May 05, 2023 at 08:46 | Michael Kern

While a rebound in oil prices on Friday morning may have stopped this from being one of the worst weeks for oil in recent memory, oil markets are struggling to…

Oil Prices On Course For Big Weekly Loss Despite Late Rebound

May 05, 2023 at 07:21 | Irina Slav

Crude oil prices are set to extend their losing streak to three weeks as recession fears and anxiety about the U.S. banking system prevail over any supply concerns. West Texas…

The Next U.S. Shale Patch Consolidation Has Yet To Begin

May 04, 2023 at 11:09 | Tsvetana Paraskova

The value and volume of U.S. upstream oil and gas deals fell in the first quarter of the year as companies focused on mature plays and are still…

Why OPEC Is Increasingly Frustrated With The IEA

May 04, 2023 at 10:46 | Felicity Bradstock

OPEC warned the International Energy Agency (IEA) last week that it should be “very careful” about discouraging oil investments. This comes following reports the previous month about the…

A Secret War Is Brewing In The South China Sea

May 04, 2023 at 10:24 | Haley Zaremba

After a period of relative calm and quiet, there is once again a geopolitical storm brewing out in the South China Sea. This time, there are dual face-offs:…

What New York’s Ban On Natural Gas Stoves And Heaters Means For The Country

May 04, 2023 at 09:32 | Felicity Bradstock

Over the last few years, there has been a lot of talk about banning gas installations in new residential buildings, but New York is the first state to…

Does The EU Still Need To Repress Natural Gas Demand?

May 04, 2023 at 08:53 | Alex Kimani

Back in late March, the EU Council reached an agreement to extend voluntary 15% gas demand reduction targets because “The EU…

Huge Volumes Of Crude Oil Are Headed To China

May 04, 2023 at 08:34 | Tsvetana Paraskova

As many as 125 supertankers were traveling to China at the end of April, carrying the biggest volumes of oil to the world’s top crude buyer in more than two…

Falling U.S. Diesel Demand Signals A Recession 

May 04, 2023 at 08:17 | Tsvetana Paraskova

U.S. diesel demand and prices have weakened this year as freight and industrial activities have slowed amid higher interest rates and falling consumer demand for goods. 

Why Cobalt Prices Have Fallen To A 4-Year Low

May 04, 2023 at 08:10 | Ag Metal Miner

By the AGMetalminer team The cobalt price index fell below $26,000 per tonne as of April 2023, its lowest level…

China’s Economic Concerns Add To Oil Market Uncertainty

May 04, 2023 at 07:49 | Irina Slav

China's factory activity dipped in April, the private Caixin purchasing managers' index has confirmed. According to Caixin, factory activity fell to 49.5 from 50 in March, Bloomberg reported, meaning…

Shell Announces Further Share Buybacks On Strong Earnings

May 04, 2023 at 06:49 | Tsvetana Paraskova

Shell on Thursday became the latest oil major to report first-quarter earnings above expectations and announced additional share repurchases of $4 billion. Shell booked adjusted earnings of $9.6 billion…

European Oil Giants Beat Energy Traders At Their Own Game In 2022

May 03, 2023 at 11:07 | Charles Kennedy

Europe’s oil giants saw their trading arms rake in some $37 billion in pre-tax earnings last year, overtaking the estimated $34 billion made by the world’s largest energy…

Oil Exporters In The Middle East To See Economic Growth Slow

May 03, 2023 at 10:52 | Charles Kennedy

Economic growth in the oil exporters in the Middle East and North Africa will shift from oil to the non-oil sectors due to lower crude production as part of the…

Could Argentina Replicate Brazil’s Offshore Oil Boom?

May 03, 2023 at 10:22 | Charles Kennedy

In January this year, the Federal Court of Appeals in Mar del Plata dismissed a lawsuit brought forward by several environmentalist organizations and…

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