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Energy / Energy-General

Will Waning Gasoline Demand Drag Oil Prices Down?

Mar 22, 2024 at 06:36 | Editorial Dept

West Texas Intermediate Crude Weekly Analysis This week's crude oil market has been marked by several significant events influencing May West Texas Intermediate (WTI) futures. The trends observed ranged from…

The U.S. to Call for an Immediate Ceasefire in Gaza

Mar 22, 2024 at 06:34 | Editorial Dept

Politics, Geopolitics & Conflict With his campaign for re-election in full swing, Venezuela’s Nicolas Maduro has managed to get lawmakers to approve the creation of a new state out of…

Explaining the Market’s Reaction to Jerome Powell’s Speech

Mar 22, 2024 at 06:32 | Editorial Dept

Yesterday, Jay Powell and the FOMC gave us their decision on interest rates. In the accompanying statement and the subsequent press conference given by Fed Chair Jay Powell, they explained…

Sudan's Civil War Sparks Oil Supply Concerns

Mar 22, 2024 at 06:31 | Editorial Dept

When Sudan’s civil war broke out in April last year, markets stood by for a few weeks to see if the war would impact oil exports from Sudan, which has…

Texas Takes a Stand Against the Radical ESG Agenda

Mar 21, 2024 at 16:23 | Alex Kimani

Three years ago, Texas passed two laws in 2021 that restrict the state from doing business with companies that are deemed to be hostile to fossil fuels and firearm…

EPA’s New Car Emission Standards Doom the Gasoline Car

Mar 21, 2024 at 12:11 | Irina Slav

This week, the Environmental Protection Agency announced the finalization of new tailpipe emission standards. The agency boasted that these were the strictest standards ever, adding that they would save…

Why Do we Still Have Investor-Owned Utilities?

Mar 21, 2024 at 10:03 | Leonard Hyman & William Tilles

The electricity and water utility industries are mirror images in a way. Government agencies service roughly 85% of water consumers and investor-owned companies the rest. Investor-owned utilities serve roughly 85%…

Tokyo Tech Scientists Crack Hydrogen Storage Conundrum

Mar 21, 2024 at 09:57 | Brian Westenhaus

Tokyo Institute of Technology scientists have reported hydrogen stored in hydrogen boride sheets can be efficiently released electrochemically. Through a series of experiments, they demonstrated…

Kremlin Claims Western Powers Are Attempting to Undermine Its Trade With China

Mar 21, 2024 at 09:52 | Charles Kennedy

The United States and the EU continue to exert “unprecedented pressure” on China to reject trade payments from Russia, Kremlin spokesman Dmitry Peskov said on Thursday. China and Russia…

Taxpayer Money Funds EV Infrastructure Push Despite Slow Adoption

Mar 21, 2024 at 09:52 | ZeroHedge

It will take a mighty big change of fortune for the electric vehicle (EV) industry to meet Illinois’ goal of one million EVs on the road in Illinois…

Private Equity Cashes In After $30 Billion Shale Exit Deals

Mar 20, 2024 at 10:48 | Tsvetana Paraskova

Private equity firms have rewarded investors handsomely in recent months after divesting more than $30 billion worth of oil and gas assets in the U.S. shale patch in a blockbuster…

Why Do Gasoline Prices Rise in Spring?

Mar 20, 2024 at 09:00 | Robert Rapier

Gasoline prices are on the rise, climbing nearly $0.30/gallon since the beginning of the year. What you may not realize is that this price rise happens nearly every year. In…

Scientists Can Now Hack Weather Satellites to Quantify Methane Leaks

Mar 19, 2024 at 17:14 | Alex Kimani

For decades, scientists have come up with estimates of greenhouse gas emission through paper-based calculations of what’s pouring out of smokestacks and tailpipes, as well as based on the amount…

Oil Gains Momentum as China's Demand Outlook Improves

Mar 19, 2024 at 11:27 | Tom Kool

Oil prices are steadily increasing, with this week's momentum bolstered by drone strikes on Russian refineries in Ukraine.

Record Profits Bring $120 Billion Cash Bonanza To Commodity Traders

Mar 19, 2024 at 11:03 | Tsvetana Paraskova

Commodity traders have amassed up to $120 billion in cash over several successive years of record performance and profits. The industry's new guard of executives is now sitting on huge…

India Buys More U.S. Oil

Mar 19, 2024 at 10:20 | Charles Kennedy

India is set to import in April its highest oil volumes from the United States in 11 months as the stricter enforcement of the U.S. sanctions against Russia are slowing…

UK Plans £60 Billion Grid Overhaul To Support Offshore Wind Boom

Mar 19, 2024 at 09:09 | City A.M

Pylon-haters beware – the National Grid has unveiled a multi-billion pound plan to overhaul the UK’s energy and electricity framework. The ‘Beyond 2030’ report outlines the…

Breakthrough Catalyst Turns Sewage Into Clean Energy

Mar 19, 2024 at 09:07 | Brian Westenhaus

Pohang University of Science & Technology scientists have developed a catalyst for the urea oxidation reaction, enhancing hydrogen generation efficiency. Professor Kangwoo Cho and PhD…

Saudi Aramco Boosts Dividends Despite a Significant Decline in Profits

Mar 18, 2024 at 16:18 | Simon Watkins

It is not surprising that profits in 2023 at Saudi Arabia’s flagship company Saudi Aramco were lower than in 2022. After all, the average price per barrel of the Brent…

The Gas Find That Could Transform Europe’s Energy Future

Mar 18, 2024 at 15:57 | James Stafford

Riding on the heels of Austria’s largest gas discovery in 40 years by Austrian OMV, junior explorer MCF Energy (TSXV:MCF; OTC:MCFNF) announced on Monday morning another 

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