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Sao Paulo's Power Grid Nears Breaking Point

Sao Paulo's Power Grid Nears Breaking Point

Sao Paolo is facing blackouts…

Why Shell Has Soured on The London Stock Exchange

Why Shell Has Soured on The London Stock Exchange

British multinational oil & gas…

Energy / Energy-General

Why Is Australia Turning Its Back On China?

Aug 24, 2020 at 13:16 | Vanand Meliksetian

Australia is facing its first recession in 30 years. The Covid-19 pandemic ended an unprecedented period for the country’s economy which expanded consecutively for decades. Even during the financial crisis…

The World Needs More Nuclear Power To Lower Emissions

Aug 24, 2020 at 12:29 | Robert Rapier

Two weeks ago in Renewable Energy Growth Continues At A Blistering Pace, I highlighted the inability of renewable energy to keep up with overall energy…

General Haftar Rejects Libyan Truce, Calls It ‘Marketing Stunt’

Aug 24, 2020 at 11:42 | Tsvetana Paraskova

The Libyan National Army (LNA), the self-styled forces of Eastern Libyan strongman General Khalifa Haftar, rejected on Sunday the ceasefire announced on Friday by the UN-backed government of Libya…

German Scientists Find New Way To Extract Lithium

Aug 24, 2020 at 10:35 | MINING.com

Researchers at Germany’s Karlsruhe Institute of Technology have developed an environmentally friendly process to extract lithium from the salty thermal water reservoirs that are located in the Upper Rhine Trench.…

Saudi Energy Ministry To Help Build $500 Billion Smart City

Aug 24, 2020 at 10:04 | Charles Kennedy

Saudi Arabia's Energy Ministry will help with the $500-billion smart city project dubbed Neom to make sure it is completed on time, minister Abdulaziz bin Salman said, as quoted…

3 Reasons Why Oil Prices Won’t Rally Anytime Soon

Aug 21, 2020 at 17:05 | Alex Kimani

It’s been disheartening for the bulls that oil prices have failed to break out over the past few weeks despite a flurry of positive news including declining inventories…

Is A Wave Of Bankruptcies Heading For The Offshore Oil Industry?

Aug 21, 2020 at 17:00 | Irina Slav

Offshore drilling major Valaris became the latest victim of the crisis this week as it filed for bankruptcy in the U.S., proposing a…

What The 2009 Financial Crisis Can Teach Us About Going Green

Aug 21, 2020 at 16:58 | Haley Zaremba

COVID-19 has disrupted the global economy in a truly unprecedented fashion. This unanticipated interruption to business-as-usual and the near-unstoppable momentum of the economic industry has given the world the once-in-a-lifetime…

Is Exploring For Oil Still Profitable?

Aug 21, 2020 at 16:51 | Haley Zaremba

This year has brought the uncertain future of the energy industry to a head. The novel coronavirus has catalyzed and brought to the surface discussions that have been…

Are U.S. Utilities About To Become Politicized?

Aug 21, 2020 at 16:46 | Leonard Hyman & William Tilles

The is some big spending ahead for electric utilities. More than the politicians and policymakers expect. Electric utilities have to decarbonize and modernize.…

Oil Nosedives On Poor Economic Data

Aug 21, 2020 at 12:29 | Tom Kool

With so much bullish news in recent weeks, the fact that oil prices have failed to break out does not bode well for markets in the coming weeks.For…

U.S. Oil Rig Count Rises For First Time Since January

Aug 21, 2020 at 12:16 | Julianne Geiger

Baker Hughes reported on Friday that the number of oil rigs in the United States rose for the first time since January by 11, to 183—the first double-digit increase since…

Is This The End Of The Big Stimulus Rally?

Aug 21, 2020 at 11:24 | Editorial Dept

U.S. West Texas Intermediate crude oil futures are trading lower on Friday, putting the market in a position to close lower for the first week in three. The market has…

The Global Rig Count Hits A Record Low

Aug 21, 2020 at 11:22 | Editorial Dept

1. Global rig count hits record low- The U.S. rig count has hit…

Overthrowing One Of The World's Longest Serving Dictators

Aug 21, 2020 at 11:21 | Editorial Dept

Politics, Geopolitics & Conflict - This may be the end of one of the world’s longest-surviving dictators - the ever-colorful president of Belarus, Aleksandr Lukashenko. Hundreds of thousands of protesters…

How To Trade The U.S. Election: Lessons From 4 Years Ago

Aug 21, 2020 at 11:18 | Editorial Dept

When you trade, you get things wrong. The only time that becomes a problem, though, is when you can’t admit it, whether to yourself or others. I learned that from…

Russia Overtakes Saudi Arabia To Become Second Largest Oil Producer

Aug 21, 2020 at 11:15 | Tsvetana Paraskova

Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in the world, behind the number-one producer, the United…

Is The Libyan War Coming To An End?

Aug 21, 2020 at 11:15 | Editorial Dept

This Weekend, Libya’s Fate Is Decided Breaking developments in Libya suggest that this is the end game, and what happens over the weekend will determine the fate of…

Libyan Ceasefire Bolsters Chances Of Reopening Oil Ports

Aug 21, 2020 at 09:50 | Tsvetana Paraskova

The UN-backed government of Libya announced a ceasefire on Friday, and the east-based rival administration also called for a truce in a move that could pave the way to…

Aramco Suspends Investment In Chinese Refinery As Low Oil Prices Bite

Aug 21, 2020 at 09:07 | Tsvetana Paraskova

Saudi Aramco is suspending its investment in a joint venture developing a US$10-billion refinery and petrochemicals complex in China amid capex cuts, Bloomberg reported on Friday, citing people with…

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