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Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Saudi Arabia’s oil giant, in…

Oil Price Volatility Soars Amid Geopolitical Uncertainty

Oil Price Volatility Soars Amid Geopolitical Uncertainty

Oil price volatility has climbed…

Weak Diesel Prices Reflect Global Economic Slowdown

Weak Diesel Prices Reflect Global Economic Slowdown

Diesel fuel production has ramped…

Energy

Coal Exports Face Setback After Baltimore Bridge Collapse

Apr 01, 2024 at 08:42 | Robert Rapier

The recent collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has caused a temporary halt to all shipping traffic from the Port…

Natural Gas Producers Are Ready To Pounce When Prices Rebound

Mar 31, 2024 at 11:16 | Tsvetana Paraskova

U.S. natural gas producers are slashing production in response to multi-year low prices. But they are also looking beyond the current slump, preparing to turn on more output by flexible…

5 Takeaways from the Oilprice Interview With OPEC Sec. Gen. al-Ghais

Mar 31, 2024 at 11:05 | Alan Mammoser

Since the public spat over long-term forecasts between the leading voice of the world’s oil producers – OPEC – and consumers – the International Energy Agency (IEA) – broke out…

Against All Odds American Oil Soars Under Biden

Mar 31, 2024 at 10:54 | Alex Kimani

After a sharp decline in the final quarter of 2023, U.S. gasoline prices are surging again in a pivotal election year, offering Republicans a fresh chance to pin the…

U.S. Drilling Activity Slips Again

Mar 29, 2024 at 11:18 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Thursday, falling…

Consumer Anxiety and Infrastructure Limitations Hinder EV Adoption

Mar 29, 2024 at 09:35 | Felicity Bradstock

Following years of investment in electric vehicles (EV) from major automakers and innovative new startups, over the last year, sales have faltered, causing many industry players to reassess their previously…

Oil Closes the Month on a Strong Note

Mar 29, 2024 at 09:23 | Michael Kern

The recent rally in oil prices is pushing the benchmarks towards a quarter of gains thanks to the OPEC+ output cuts.

Big Oil Criticized for Falling Short of Net-Zero Goals

Mar 29, 2024 at 09:22 | Irina Slav

Climate Action 100+, a lobby group comprising many of the world’s biggest asset managers, has criticized Big Oil majors for falling short of a set of criteria devised to assess…

Is It Time To Abandon the Idea of Phasing Out Oil and Gas?

Mar 29, 2024 at 09:19 | Felicity Bradstock

  Despite feigning interest, Big Oil still appears to oppose the global green transition and could well stand in its way. As Saudi’s state oil company leader condemns the green…

Fast-Charging Lithium-Ion Batteries to Accelerate EV Adoption

Mar 29, 2024 at 09:17 | Metal Miner

Via Metal Miner Let’s dive deeper into the electrifying waters of lithium-ion batteries, where the University of Liverpool’s recent breakthrough…

NatPower UK To Invest $12.8 Billion Into Battery Storage ‘Gigaparks’

Mar 29, 2024 at 09:12 | Felicity Bradstock

There has been wide criticism that the U.K. government is not investing enough to achieve a green transition in line with its climate pledges. It continues to back oil and…

National Grid's Gas Bill Sparks Outrage Among UK Consumers

Mar 29, 2024 at 09:08 | City A.M

Research by a leading energy body shows that the cost of balancing Britain’s National Grid has leaped 55 percent in the last two years. Research conducted…

Is Nuclear Fusion Really The Ultimate Solution to AI’s Crazy Power Use?

Mar 29, 2024 at 09:06 | Alex Kimani

Two weeks ago, we reported how Artificial Intelligence (AI), cryptocurrency mining and clean energy manufacturing are powering the Fourth Industrial Revolution, or simply 4R, and driving disruptive trends including…

France Sets Ambitious Green Goals for Paris Olympics

Mar 29, 2024 at 09:03 | Felicity Bradstock

For the Qatar 2022 World Cup, the government promised to make the tournament as green as possible through green public transport, massive recycling efforts and reusable venues. However, many questioned…

UK Steel Manufacturer Secures Major Contract for Energy Infrastructure

Mar 29, 2024 at 08:57 | Metal Miner

Via Metal Miner   Liberty Steel recently won a contract to supply pipelines from its Hartlepool steel manufacturing site in the United Kingdom…

Fisker Slashes Prices of Its Ocean SUV by 39%

Mar 29, 2024 at 08:52 | ZeroHedge

Electric carmaker Fisker is doing everything it can to try and not wind up roadkill on the EV highway amidst industry-wide price cutting and worldwide saturation in competition. …

Exxon and CNOOC Team Up To Challenge Chevron’s Guyana Oil Deal

Mar 29, 2024 at 08:39 | Tsvetana Paraskova

ExxonMobil and China National Offshore Oil Corporation (CNOOC) have merged their arbitration claims against Chevron’s takeover of Hess’s stake in the most prolific oil block offshore Guyana.   Last autumn Chevron…

Transport Recovery Rekindles Threat of Diesel Shortage

Mar 28, 2024 at 14:25 | Irina Slav

A pick-up in freight activity around the world is tightening fuel markers and could cause a shortage of diesel that was barely avoided last year due to the slump in…

EU and Turkmenistan Eye New Energy Partnerships

Mar 28, 2024 at 10:02 | Eurasianet

A lot of Europeans will be passing through Turkmenistan this year. So says Foreign Minister Rashid Meredov. Meredov last week embarked on a five-day…

Shipping Sector's Emission Cuts Hobbled by Regulatory Uncertainty

Mar 28, 2024 at 09:57 | Tsvetana Paraskova

The shipping industry and its regulators are drafting tentative pathways to reaching net-zero emissions by 2050. But the emission reduction efforts in the hard-to-decarbonize sector are slowed down by unclear…

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