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Could the Conflict Between Iran and Israel Turn Nuclear?

Could the Conflict Between Iran and Israel Turn Nuclear?

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The World's Most Polluted Countries Revealed

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Shale Gas Reactor Could Saves Millions in Propylene Production

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News

Congress Threatens Big Oil With Subpoenas For Alleged Disinformation

Congress Threatens Big Oil With Subpoenas For Alleged Disinformation

Oct 29, 2021 at 10:36 | Charles Kennedy

Big Oil majors, including Exxon, BP, Shell, and Chevron, may be subpoenaed to turn over financial documents as part of a congressional probe into alleged disinformation about the effect of…

U.S. Coal Industry Says Almost Sold-Out For 2022

U.S. Coal Industry Says Almost Sold-Out For 2022

Oct 29, 2021 at 09:24 | Irina Slav

U.S. coal miners are enjoying the surge in demand for the fossil fuel, with almost all of their production through the end of next year—and some into 2023 even—already sold,…

Refining Margins Reach Multi-Year High

Refining Margins Reach Multi-Year High

Oct 28, 2021 at 17:21 | Julianne Geiger

Refining margins, the Nymex gasoline crack spread, traded above $16 per barrel on Thursday—the highest it's been since 2017, Bloomberg said on Thursday. The crack spread is the difference between…

Supply Chains Need $100 Trillion To Become Net-Zero By 2050

Supply Chains Need $100 Trillion To Become Net-Zero By 2050

Oct 28, 2021 at 13:40 | Tsvetana Paraskova

Supply chains, which account for 80 percent of the world’s total carbon emissions, would require as much as $100 trillion of investment if they are to become net-zero emission by…

IEA: Global Recovery Spending On Clean Energy Rises By 20%

IEA: Global Recovery Spending On Clean Energy Rises By 20%

Oct 28, 2021 at 13:38 | Tsvetana Paraskova

Governments currently plan to allocate an estimated US$470 billion for clean energy investment between now and 2030, up by 20 percent compared to plans in July, the International Energy Agency…

"Truly Dark Day For Drivers" UK Gasoline Prices Soar To Record High

Oct 28, 2021 at 11:37 | ZeroHedge

UK petrol prices have risen to record-high levels in what RAC/Experian Catalist describes as a "truly dark day for drivers," according to Sky News.  Gas prices at the pump in…

Shell: Splitting Up Oil, Renewables Won’t Work

Shell: Splitting Up Oil, Renewables Won’t Work

Oct 28, 2021 at 08:53 | Tom Kool

Splitting up Shell’s oil and renewables divisions would not work as the supermajor’s strength is the integration and funding new energy solutions with the earnings from the legacy business, the…

Saudi Arabia Targets Battery Metals Mining With “Huge” Investment

Saudi Arabia Targets Battery Metals Mining With “Huge” Investment

Oct 27, 2021 at 16:51 | Tsvetana Paraskova

Saudi Arabian Mining Company (Maaden), the state miner of the world’s top oil exporter, plans “huge” investments in exploring for lithium and nickel in Saudi Arabia over the next two…

China’s Latest Energy Crunch: Diesel Rationing

China’s Latest Energy Crunch: Diesel Rationing

Oct 27, 2021 at 16:41 | Tsvetana Paraskova

Chinese gas stations have started to limit diesel sales as supplies tighten for the oil product that has benefited the most from the record high coal and natural gas prices.…

U.S. Coal Stocks Plunge To The Lowest Level Since 1997

U.S. Coal Stocks Plunge To The Lowest Level Since 1997

Oct 27, 2021 at 16:27 | Charles Kennedy

Rallying natural gas prices this year have increased coal-fired power generation at U.S. utilities which ended the month of August with the lowest total coal stockpiles since at least 1997.…

Activist Investor Sets Sights On Breaking Up Shell

Activist Investor Sets Sights On Breaking Up Shell

Oct 27, 2021 at 13:46 | Julianne Geiger

The trend is clear: activist shareholders in the energy industry are making waves. This time, the target is Royal Dutch Shell. Activist investor Dan Loeb, through Third Point LLC, holds…

The World’s Cheapest Electric Vehicle Is Coming To America

The World’s Cheapest Electric Vehicle Is Coming To America

Oct 27, 2021 at 11:53 | Haley Zaremba

“Electric Cars for Everyone? Not Unless They Get Cheaper,“ read a New York Times headline this August. Electric Vehicles (EVs) are a huge…

Recovering Airlines Could Lift Aluminum Demand

Recovering Airlines Could Lift Aluminum Demand

Oct 27, 2021 at 11:44 | Metal Miner

Few would argue that semiconductor shortages have hampered automotive output. Earlier in the year, automakers temporarily shuttered factories, cutting into output. According to Toyota,…

GM Slumps Despite Beating Wall Street Estimates

GM Slumps Despite Beating Wall Street Estimates

Oct 27, 2021 at 11:36 | ZeroHedge

Semiconductor shortage or not, General Motors posted a Q3 report that handily beat the street's estimates. The automaker also offered optimism in the form of their full year…

Japan’s Utilities Look To Switch To Oil As LNG Prices Soar

Japan’s Utilities Look To Switch To Oil As LNG Prices Soar

Oct 27, 2021 at 11:27 | Tsvetana Paraskova

Oil refiners in Japan have been asked by power-generating firms to provide additional oil supply to utilities, which are struggling to secure liquefied natural gas (LNG) at very high prices.…

Democrats Hope To Expose Big Oil’s Misinformation On Climate

Democrats Hope To Expose Big Oil’s Misinformation On Climate

Oct 27, 2021 at 10:45 | Charles Kennedy

Thursday’s Congressional hearing of top executives from Big Oil companies could be the start of a year-long investigation into whether the world’s largest oil firms have misled the public about…

Investors Don't Want Exxon, Chevron To Take On Solar, Wind

Investors Don't Want Exxon, Chevron To Take On Solar, Wind

Oct 27, 2021 at 09:13 | Tsvetana Paraskova

Many U.S. fund managers who are invested in Exxon and Chevron approve the strategies of the American oil supermajors not to seek growth in wind and solar projects, according to…

WTI Prices Jump As Cushing Crude Draw Worries Oil Market

WTI Prices Jump As Cushing Crude Draw Worries Oil Market

Oct 26, 2021 at 16:32 | Julianne Geiger

The American Petroleum Institute (API) on Tuesday reported its fifth straight week of crude oil inventory builds. This week, the API estimated the inventory build for crude oil to be…

Oil Major Eni To Seek $17B Valuation Of Renewables Unit In IPO

Oil Major Eni To Seek $17B Valuation Of Renewables Unit In IPO

Oct 26, 2021 at 14:43 | Charles Kennedy

Italian oil and gas major Eni plans to seek a valuation of up to $17.4 billion for its renewables and retail business in the initial public offering of the unit…

Major Cost Increase Threatens Solar Power In 2022

Major Cost Increase Threatens Solar Power In 2022

Oct 26, 2021 at 12:56 | Rystad Energy

The surging cost of manufacturing materials and shipping could threaten 50 gigawatts (GW) – a staggering 56% – of the 90 GW of global utility PV developments planned for 2022,…

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