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Energy / Energy-General

The $369 Billion Promise That Sent Clean Energy Stocks Soaring

Aug 11, 2022 at 12:30 | Alex Kimani

Dozens of renewable energy stocks are soaring after the U.S. the Senate passed a historic climate and energy bill that experts have hailed as the largest investment in…

Are Oil Prices Set For A Comeback?

Aug 11, 2022 at 10:28 | Tsvetana Paraskova

Oil prices have given up in recent weeks all the gains they had made since the Russian invasion of Ukraine as market fears of recession intensified. 

Gulf Oil Producers Expand Carbon Capture And Hydrogen Capacity

Aug 11, 2022 at 10:21 | Oxford Business Group

As hydrocarbons producers reap sustained revenue from high global prices, national oil companies (NOCs) in the Gulf are accelerating investment in carbon capture, utilisation and storage (CCUS); hydrogen;…

The New Acquisition Strategy Of U.S. Shale

Aug 11, 2022 at 10:14 | Irina Slav

U.S. shale oil producers have been in Washington’s sights for several months now, refusing to produce as much oil as legislators and the White House want them to.…

An Unjustified Fear Of Nuclear Energy Is Holding The Industry Back

Aug 11, 2022 at 10:11 | Felicity Bradstock

Governments are backing nuclear power in a big way but fears of disasters still linger, with any mishap having the potential to derail the big nuclear resurgence. As…

IEA Sees Higher Oil Demand This Year

Aug 11, 2022 at 09:16 | Irina Slav

Global crude oil demand will rise by 2.1 million bpd this year, the International Energy Agency said in the latest monthly edition of its flagship Oil Market Report, spurred…

Are Gas Stations Really Inflating Prices For Profit?

Aug 10, 2022 at 15:24 | Alex Kimani

About a month ago, American consumers were confronted with the highest retail gas prices in history when gas prices soared past $5 per gallon for the first time…

A Radical Plan To Reduce Europe’s Oil Demand By 33%

Aug 10, 2022 at 10:16 | Irina Slav

European governments have been racking their brains to come up with a realistic way of reducing energy consumption with a sharp and quite understandable focus on natural gas.…

The Inflation Reduction Act Is A Game-Changer For Decarbonization

Aug 10, 2022 at 09:47 | Leonard Hyman & William Tilles

The Inflation Reduction Act (IRA) is the Biden administration’s legislative triumph of August 2022. But despite its name, it will plow more than $170 billion of tax credits…

Chip Shortages And Inflation Are Plaguing The Auto Industry

Aug 10, 2022 at 08:51 | Ag Metal Miner

The Automotive MMI (Monthly Metals Index) dropped by 6.32% this past month, a downward trend it has been maintaining since May. The drop comes despite valiant efforts…

An Iran Nuclear Deal Could Send Oil Prices Tumbling Towards $80

Aug 09, 2022 at 11:47 | Michael Kern

Speculation that a new Iran nuclear deal could soon be agreed upon has added downward pressure to oil prices, although the disruption of Russian oil flows to Central Europe is…

Green Jet Fuel Is Causing Problems For Biden's Inflation Reduction Act

Aug 09, 2022 at 10:32 | Tsvetana Paraskova

As the Senate passed the Inflation Reduction Act budget reconciliation bill, U.S. fuel retailers warned that including higher tax credits for sustainable aviation fuel (SAF) would reduce the…

China And Saudi Arabia Intensify Energy Cooperation With Critical Deal

Aug 09, 2022 at 10:08 | Simon Watkins

The signing last week of a multi-pronged memorandum of understanding (MoU) between the Saudi Arabian Oil Company – formerly the Arabian American Oil Company - (Aramco) and the…

U.S. Gasoline Prices Drop Below $4 For The First Time Since March

Aug 09, 2022 at 09:36 | Tsvetana Paraskova

The average U.S. gasoline price dropped on Tuesday to below $4 per gallon for the first time since early March this year, as supply has risen and concerns about the…

Germany’s Economy Faces A €260 Billion Blow As Energy Crunch Persists

Aug 09, 2022 at 09:35 | City A.M

Germany’s economy will lose over £220bn (€260bn) in added value by the end of the decade, following Russia’s invasion of Ukraine and skyrocketing energy prices – revealing negative…

Europe's Energy Crisis Spills Over Into Food

Aug 09, 2022 at 08:15 | Irina Slav

Excessively high energy prices in Europe are pushing up the prices of everything that energy is used for, including food—a trend that will likely feed further inflation. In a report…

Offshore Drilling Is Coming Back With A Bang

Aug 08, 2022 at 11:02 | Alex Kimani

After years of uncertainty and stagnation, the offshore drilling market is on the rebound and is in the early innings of an upcycle in investment and activity that…

Canada’s Oil Province Will Soon Be A Renewable Energy Leader

Aug 08, 2022 at 10:27 | Rystad Energy

The Canadian province of Alberta, home of the country’s oil and gas sector for decades, is set to undergo a renewable energy capacity surge in the coming years,…

U.S. Gasoline Prices Could Sink Below $4 Today

Aug 08, 2022 at 10:11 | Julianne Geiger

Gasoline prices in the United States could fall below the $4 per gallon mark, Gas Buddy’s head of petroleum analysis, Patrick De Haan, said in a note on Monday. Diesel…

UK Electricity Theft Breaks Records As Energy Bills Soar

Aug 08, 2022 at 10:09 | ZeroHedge

A record number of people stole electricity in England and Wales last year, according to new figures released by the Home Office. Police…

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