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Russia’s Crude Is Trading at $15 Above the Price Cap

Russia’s Crude Is Trading at $15 Above the Price Cap

Russia’s flagship crude grade is…

OPEC Expects Solid Global Oil Demand This Summer

OPEC Expects Solid Global Oil Demand This Summer

OPEC expects strong oil in…

Energy / Energy-General

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…

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

Geoengineering: 3 Novel Ways To Artificially Alter The Climate

Mar 04, 2024 at 09:32 | Alex Kimani

Global temperatures are currently increasing at a faster clip than at any time in the last 2 million years. This has fueled record-breaking heat waves, wildfires and droughts, and…

World's Second-Largest Lithium Producer Boosts Capacity Despite Glut

Mar 01, 2024 at 12:44 | Tsvetana Paraskova

Unlike most lithium miners, the world's second-largest producer, Chile's Sociedad Química y Minera (SQM), is ramping up capacity expansion despite the glut in the market, which has crushed lithium prices…

Exxon Guyana Slap at Chevron Highlights Supply Security Importance

Mar 01, 2024 at 10:54 | Irina Slav

When Chevron announced it had struck a deal to acquire Hess Corp. for $53 billion last year, it was seen as yet another move by a supermajor to secure…

The Renewable Revolution’s $3 Trillion Problem

Mar 01, 2024 at 09:42 | Rystad Energy

Renewable energy developments continue at break-neck speed, with $644 billion to be spent on new capacity in 2024, but outdated and inadequate power grids could prove to be…

U.S. Seeks Semiconductor Supremacy with New Funding Initiatives

Mar 01, 2024 at 09:37 | Felicity Bradstock

As it accelerates its green transition, the U.S. is looking to become a major player in the international semiconductor market, to become more competitive with Asia, the world’s biggest producer…

Breakthrough Biotech Paves Way for Green Fuel Production Boom

Mar 01, 2024 at 09:22 | Brian Westenhaus

A new University of California – Riverside (UCR) study found that introducing a simple, renewable chemical to the pretreatment step can finally make next-generation biofuel production both…

Red Sea Disruptions Push OECD Crude Inventories Lower

Mar 01, 2024 at 09:04 | Editorial Dept

1. Red Sea Disruptions Shrink OECD Crude Inventories Further - The price squeeze in the Atlantic…

Mysterious Power Outage Paralyzes Tajikistan

Mar 01, 2024 at 09:01 | Eurasianet

Entire swathes of Tajikistan were left without electricity for around three hours on March 1 amid what appears to have been a major technical malfunction. Households…

Oil Markets Await the Next OPEC+ Announcement

Mar 01, 2024 at 08:59 | Michael Kern

Oil prices remained stubbornly rangebound in February as signs of a recovering U.S. economy were countered by weaker economic data in both Europe and China.

Could This Unknown Company Help Solve Europe’s Energy Crisis?

Mar 01, 2024 at 06:52 | Michael Kern

Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for…

Supply Becomes a Downward Risk for Oil Prices Despite OPEC+ Cuts

Mar 01, 2024 at 01:43 | Editorial Dept

This week's crude oil price movements have been significantly influenced by various economic indicators and central bank policies. In the U.S., the Federal Reserve's preferred inflation gauge, the personal consumption…

Israel's Plan to Expand Settlements Weakens U.S. Support

Mar 01, 2024 at 01:42 | Editorial Dept

Politics, Geopolitics & Conflict Tel Aviv added more fuel to the fire in the conflict with Gaza this week by announcing an expansion of settlements in the occupied West Bank,…

NATO Raises Rhetoric as Russia Inches Forward in Ukraine

Mar 01, 2024 at 01:39 | Editorial Dept

NATO has, for all intents and purposes, given Kyiv the green light to target anything within Russia’s borders, with Secretary General Jens Stoltenburg telling RFE/RL that Kyiv would be within…

Petrobras Plans Dividend Squeeze To Fund Transition to Renewables

Feb 29, 2024 at 12:06 | Irina Slav

Brazil’s state-owned energy heavyweight Petrobras will be distributing more modest dividends in the future as it prepares to become a renewable energy company. That’s according to chief executive Jean Paul…

New Tech Enhances Safety and Performance of Lithium Ion Batteries

Feb 29, 2024 at 07:29 | Brian Westenhaus

Incheon National University scientists have developed a method to improve the stability and properties of lithium ion battery separators with a layer of silicon dioxide and other…

World’s Top Oil Trader Sees Oil Demand Peak After 2030

Feb 28, 2024 at 13:53 | Tsvetana Paraskova

A slower pace of the energy transition will push peak oil demand beyond 2030, according to the world’s biggest independent oil trader, Vitol Group.  “Oil demand has a good few…

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