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Energy / Energy-General

Oil Prices Remain Rangebound As Volatility Fades

Feb 23, 2024 at 08:50 | Michael Kern

Oil prices have remained rangebound in recent weeks, with macro concerns driving the direction of both Brent and WTI.

Green Chemistry Breakthrough: Researchers Create Ethylene from CO2

Feb 23, 2024 at 08:25 | Brian Westenhaus

Engineers at the University of Cincinnati created a more efficient way of converting carbon dioxide into valuable products while simultaneously addressing climate change. The…

Australia Looks To Bolster Oil and Gas Industry Despite Climate Pledges

Feb 23, 2024 at 08:18 | Felicity Bradstock

Australia has big plans for its oil and gas industry, despite calls from environmentalists to reduce its fossil fuel output. The country’s biggest company, Woodside, is planning to expand its…

ExxonMobil's Record Profits Defy Political Expectations

Feb 23, 2024 at 08:16 | Robert Rapier

The oil industry has historically been politically conservative. In turn, Democratic politicians have often been hostile toward the industry. Nevertheless, oil companies have recorded some of…

U.S. Utilities Under Fire for Failing to Mitigate Wildfire Risk

Feb 23, 2024 at 08:12 | Felicity Bradstock

There have been calls on the U.S. government and the country’s utilities to vastly improve its energy infrastructure to tackle the potentially devastating effects of severe weather events. Climate change…

Plunging Natural Gas Prices Is Bad News for Drillers

Feb 23, 2024 at 08:03 | Editorial Dept

1. Plunging Natural Gas Prices Is Not Good News for US Oilmen- The…

California Startup Boasts Breakthrough in Hydrogen Storage

Feb 23, 2024 at 07:59 | Felicity Bradstock

There has been great enthusiasm around the increase in global hydrogen capacity, particularly green hydrogen – which is produced using electrolysis powered by renewable energy sources, a process that does…

A Signal of Strong Short Term Demand in Oil Markets

Feb 23, 2024 at 07:31 | Editorial Dept

This week, crude oil prices are inching higher, primarily driven by concerns over tightening supply. As of the latest trading sessions, April West Texas Intermediate (WTI) crude oil futures are…

Iraq Moves to Take Control of Kurdistan's Finances

Feb 23, 2024 at 07:30 | Editorial Dept

Politics, Geopolitics & Conflict The Federal Supreme Court in Baghdad has ordered the Kurdistan Regional Government (KRG) to relinquish all oil and non-oil revenue to the Iraqi Federal government, amid…

How To Play The Nuclear Power Renaissance

Feb 23, 2024 at 07:28 | Editorial Dept

Back in the 1950s, when nuclear power became a thing, it was seen as the great hope for mankind, a new source of energy in a world where consumption was…

Putin Moves to Strengthen His Position Ahead of Elections

Feb 23, 2024 at 07:26 | Editorial Dept

Russia has pushed through Ukrainian forces in the new flashpoint town of Avdiivka and has vowed to go further into Ukraine. Meanwhile, Putin is now free of his biggest opposition…

Russian Energy Is Too Cheap for Some Countries To Resist

Feb 23, 2024 at 07:15 | Felicity Bradstock

Two years into the Russia-Ukraine war and following the introduction of a wide array of sanctions, several countries still refuse to cut ties with Moscow, instead benefitting from low-cost oil…

Standard Chartered Sees Oversupplied Gas Markets, Tightening Oil

Feb 22, 2024 at 15:35 | Alex Kimani

Last year, the month of January recorded an oil mega-surplus of 3.4 mb/d, the third biggest surplus in the first month of the year over the past two decades. January…

Oil and Gas Producers Push Back Against Nuclear Waste Storage in Permian

Feb 22, 2024 at 08:22 | Haley Zaremba

The United States is revving up for a new nuclear era. As Washington scrambles to catch up to China in the clean energy race, nuclear has emerged as a highly…

The Race for Natural Hydrogen Is Heating Up

Feb 22, 2024 at 08:12 | Felicity Bradstock

When it comes to hydrogen, all eyes have been on the development of the world’s green hydrogen potential. This would mean a move away from fossil-fuel-derived hydrogen in support of…

ADNOC CEO: Global Energy Demand Growth Is Unsustainable

Feb 21, 2024 at 17:33 | Alex Kimani

Last month, U.S. oil and gas supermajor Exxon Mobil Corp. (NYSE:XOM) released its long-term global energy outlook report. Exxon has predicted that global energy demand will reach about 660 quadrillion…

U.S. Oil and Gas Merger Mania Extends to the Midstream

Feb 21, 2024 at 13:08 | Tsvetana Paraskova

While the upstream mega deals in the U.S. shale patch have been drawing the most market attention, pipeline operators are also embarking on a merger spree in a quest to…

Saudi Arabia Can No Longer Raise Oil Output For Cash

Feb 21, 2024 at 09:47 | Irina Slav

Last year, Saudi Arabia’s sovereign wealth fund became the world’s top spender, accounting for a quarter of the $124 billion that sovereign wealth funds invested in total. Saudi…

Geologists Are Predicting a Natural Hydrogen “Gold Rush”

Feb 21, 2024 at 08:11 | ZeroHedge

Speaking this weekend at a Denver meeting of the American Association for the Advancement of Science, geologists heralded a coming, game-changing surge in mankind's harvesting of a resource…

China’s EV Growth Set To Explode in 2024

Feb 21, 2024 at 07:53 | Rystad Energy

The electric vehicle (EV) market is on track for a watershed year in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty. Rystad…

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