Despite indicating they would refill the Strategic Petroleum Reserve (SPR) by the end of this year, the Department of Energy
Via Metal Miner Month-over-month, the Construction MMI (Monthly Metals Index) moved sideways for the fourth month in a…
The United States has big plans to expand its nuclear energy industry. The country already boasts the biggest nuclear fleet in the world and is solely responsible for about a…
Kazakhstan and Azerbaijan are strengthening their trans-Caspian relationship. Closer bilateral ties can provide a big boost to the development of the Middle Corridor trade route. Azerbaijan’s…
Researchers at The University of Manchester have achieved a groundbreaking advancement in catalyst technology by developing a new catalyst which has been shown to have a wide…
China’s Sinochem Energy Technology Co. Ltd., a subsidiary of state-owned multinational conglomerate Sinochem Corp., has successfully completed the shipment of gasoline from China’s Quanzhou City to Singapore using blockchain technology.…
The mergers and acquisitions (M&A) wave sweeping through the U.S. oil and gas industry has reached Canada, which could see a megamerger in the coming months. Smaller deals are…
A new analysis by the energy think tank Ember has found that several countries in Europe could soon face bottlenecks in their national…
Global oil demand in the summer is expected to be strong as consumption of transportation fuels is set to rise across the board and across regions with summer and holiday…
The OPEC+ group is firmly back in control of the oil market and has the power to have it extremely tight in the second half of the year should it…
Artificial intelligence is helping the oil and gas industry boost output by accelerating drilling and boosting efficiency. It offers similar gains to other industries as well and online platforms and…
Back in January of this year, the Biden administration announced a controversial decision to pause approvals of new licenses to export liquefied natural gas (LNG). President Biden announced that…
Dark days ahead in São Paulo, the industrial and commercial hub of Brazil. They noticed last month, after a three day blackout hit the city’s center and its poorer neighborhoods,…
Last December, wholesale retailer Costco announced that they had sold over $100 million worth of gold in Q3 2023. "You've probably…
Via Metal Miner The Raw Steels Monthly Metals Index (MMI) moved sideways, with a modest 1.38% decline in…
Russian Foreign Minister Sergei Lavrov recently wrapped up a trip to Beijing where he met with his Chinese counterpart, Wang Yi, for talks on a series of "hot…
The Shell share price hit another all-time high this week as the company continued its positive run. The
Back in February, crude tankers and product carrier company International Seaways (NYSE:INSW) predicted that tanker freight will remain healthy in the short and long term going forward, thanks to oil supply growth…
Crude oil prices moved lower today after the Energy Information Administration reported an estimated inventory build of 5.8 million barrels for the week to April 5. The authority also…
Russia’s flagship crude grade, Urals, is currently being exported at a price of around $75 per barrel, per Argus Media data cited by Bloomberg—a price that’s $15 a barrel…