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Oil Prices Could Surprise to the Upside This Year

Oil Prices Could Surprise to the Upside This Year

Despite the relatively large OPEC…

MIT’s Superconducting Magnets Mark Major Fusion Milestone

MIT’s Superconducting Magnets Mark Major Fusion Milestone

MIT's groundbreaking study confirms that…

Energy

Turkmenistan Eyes Gas Export Breakthrough with Turkey

Mar 07, 2024 at 08:45 | Eurasianet

With Turkmenistan and its gas export dreams, intentions are strong, but implementation is faltering. On March 1, Turkmen National Leader Gurbanguly Berdymukhamedov, the father of the…

Standard Chartered: OPEC’s Latest Move Is Bullish

Mar 07, 2024 at 08:14 | Alex Kimani

Oil markets have managed to reverse their early week losses, inching up higher in Wednesday’s session after the Energy Information Administration reported significant inventory draws across various fuels. The…

How To Profit From Europe’s $800 Billion Energy Crisis

Mar 06, 2024 at 12:23 | Josh Owens

Europe is weathering its second winter since it cut itself off from Russian natural gas, but beyond that, without its own sufficient supplies, the continent remains vulnerable to the whims…

Goldman Sachs: Price Rout in Key Battery Metals Isn’t Over

Mar 06, 2024 at 12:00 | Tsvetana Paraskova

Sizeable surpluses in the lithium, cobalt, and nickel markets have led to a plunge in the prices of key battery metals over the past year and a half. The price…

Oil Inches Higher on Fuel Inventory Draws

Mar 06, 2024 at 09:37 | Irina Slav

Crude oil prices moved higher today, after the Energy Information Administration reported estimated inventory draws across fuels. In crude, the EIA reported a build of 1.4 million barrels for…

The Big Question in OPEC’s Production Cut Strategy

Mar 06, 2024 at 09:03 | Irina Slav

Last weekend, OPEC and its partners, led by Russia, decided to extend their combined production cut agreement until the end of the first quarter. Nobody was surprised…

BP Tries To Reverse Big Oil’s Fortunes in Brazil

Mar 06, 2024 at 08:25 | Irina Slav

Back in 2019, Brazil produced over 1 billion barrels of crude oil. It was the first time the national total had broken the billion-barrel mark, and more than half…

Cutting-Edge AI Identifies New Catalysts for Hydrogen Electrolysis

Mar 06, 2024 at 08:05 | Brian Westenhaus

A National Institute for Materials Science, Japan research team has developed an AI technique capable of expediting the identification of materials with desirable characteristics. Using…

India Makes Bold Move to Reduce Dollar Dependency in Oil Trade

Mar 06, 2024 at 08:01 | ZeroHedge

Four months after India's government rejected demands from Russian oil companies to pay for Russia's crude exports in Chinese yuan, it appears India…

Two Countries That Could Break Putin's Gas Grip On Europe

Mar 05, 2024 at 15:25 | Tom Kool

At this moment, a fast-moving development is unfolding in Europe’s energy industry that is gaining more attention by the day.  Europe’s energy crisis, triggered by Russia’s early 2022 invasion of…

Why China's Strong Commodity Imports Defy Weak Economic Data

Mar 05, 2024 at 15:13 | Tsvetana Paraskova

Despite continued weak economic performance, China's imports of major commodities in the first two months of 2024 held strong and exceeded last year's levels. Imports of crude oil, LNG, coal,…

Is Saudi Arabia’s Gas Megaproject Jafurah Too Good to be True?

Mar 05, 2024 at 12:29 | Simon Watkins

According to Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman last week, an extra 15 trillion cubic feet (tcf) of gas deposits has been proven at Saudi Aramco’s Jafurah gas…

Oil Prices Fall as China Fails to Impress Markets With Growth Pledge

Mar 05, 2024 at 08:49 | Michael Kern

Oil prices have had a disappointing start to the week as markets were underwhelmed by China's commitments to get its economy back on track and boost demand.

China’s Rare Earth Export Ban Is Backfiring

Mar 05, 2024 at 08:36 | Metal Miner

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) experienced a pretty significant drop month-on-month, falling 24.73%.…

MIT’s Superconducting Magnets Mark Major Fusion Milestone

Mar 05, 2024 at 08:33 | Brian Westenhaus

An MIT comprehensive study of high-temperature superconducting magnets confirms they meet requirements for an economic, compact fusion power plant. A detailed report by researchers…

Natural Gas Prices Could Spike As EU Prepares to Slash More Russian Gas

Mar 05, 2024 at 08:29 | Alex Kimani

Back in 2019, Russia and Ukraine inked a five-year pipeline transit agreement to supply natural gas to EU countries. Both countries have continued to honor the deal despite two years…

Uzbekistan Plans Electric Bus Fleet With Chinese Support

Mar 05, 2024 at 08:26 | Eurasianet

Uzbekistan is looking to China for help in upgrading the Uzbek rail system. A delegation from the Chinese locomotive and rolling stock manufacturer CRRC

Oil Prices Could Surprise to the Upside This Year

Mar 05, 2024 at 08:12 | Irina Slav

Crude oil prices recently logged their second monthly gain in a row as OPEC+ extended their supply curb deal until the end of Q2 2024. The gains have…

Artificial Intelligence Could Trigger a Natural Gas Boom in Europe

Mar 04, 2024 at 13:26 | James Stafford

When the use of seismic surveys became common place, Oil and gas drillers used to drill only in spots the human eye could detect from seismic and other data, but…

New Oil Law Likely To Be The End Of Iraqi Kurdistan’s Independence Dream

Mar 04, 2024 at 12:37 | Simon Watkins

A series of legal rulings by Iraq’s Federal Supreme Court (FSC) on 21 February underlined that the planned New Oil Law being worked on by the government of Iraq in…

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