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Energy / Energy-General

6 Ways The Inflation Reduction Act Will Help The Energy Industry

Aug 18, 2022 at 10:11 | Robert Rapier

Last week Congress passed the Inflation Reduction Act, which now heads to President Biden’s desk to be signed into law. The bill has been championed as a “climate…

China’s Power Crisis Could Spark A Spike In Coal Consumption

Aug 18, 2022 at 10:08 | ZeroHedge

A heatwave-induced power crisis is spreading across southwestern China, shuttering factories and worsening by the day, according to Nikkei Asia.  The…

Green Hydrogen Is Gaining Traction Across The Globe

Aug 18, 2022 at 10:03 | Felicity Bradstock

Green hydrogen operations are expanding even further as governments pump millions into the development of the sector. While the rise of green hydrogen production across Europe has been…

U.S. Oil And Gas Firms Made $74 Billion In Profits Last Year

Aug 18, 2022 at 09:51 | Charles Kennedy

U.S. oil and gas companies generated profits worth $73.7 billion last year on the back of improving prices, with capital expenditure reaching $144.1 billion. This is one of the outtakes…

How High Will European Gas Prices Go?

Aug 17, 2022 at 12:12 | ChAI

In recent weeks, there has been increasing mainstream coverage of the impending energy crisis in the UK and across Europe. While this issue is not news to those…

Why Aramco Is Nothing Like The Other Oil Majors

Aug 17, 2022 at 11:39 | Tsvetana Paraskova

The world’s biggest oil company by production and market capitalization, Saudi Aramco, joined this week many of the international oil majors in reporting record second-quarter profits amid soaring…

Drought Is Driving European Energy Markets Toward Disaster

Aug 17, 2022 at 10:38 | Irina Slav

Energy markets and nature seem to have it in for Europe. Record-breaking gas prices, rising coal prices, and droughts that interfere with electricity generation in some key markets…

Cheap Air Travel May Be A Thing Of The Past

Aug 17, 2022 at 09:53 | Felicity Bradstock

Expensive flights are likely here to stay as we leave budget flying in the past. As we see rising oil and gas prices around the world, as well…

Clean Energy Or Fossil Fuels? Wall Street Is Betting On Both

Aug 16, 2022 at 13:38 | Alex Kimani

The U.S. clean energy sector has been soaring so far in the aftermath of the Senate’s passage of a historic climate and energy bill that experts have hailed…

Disappointing Chinese Demand Takes Toll On Oil Prices

Aug 16, 2022 at 11:58 | Tom Kool

Uncertainty about the Iran nuclear deal and disappointing Chinese crude demand and refinery throughput are creating headwinds for crude.

Money Won’t Solve America’s Power Grid Problems

Aug 15, 2022 at 10:51 | Tsvetana Paraskova

Despite tens of billions of U.S. dollars earmarked for grid modernization, the United States continues to face challenges in making sweeping investments in upgrading electricity systems and making…

Heatwave Sends European Gas Prices Higher

Aug 15, 2022 at 10:37 | Tsvetana Paraskova

European benchmark gas prices rose by 2% early on Monday as demand is high in a heatwave and supplies of other fuels for power generation is constrained by low water…

U.S. Utilities Embark On Huge Spending Spree, But There’s A Catch

Aug 15, 2022 at 09:32 | Leonard Hyman & William Tilles

Electric utility managers run in herds so to speak. Decades ago they decided to build nuclear-generating stations and almost every utility company that could did it. Financial meltdown…

What Does China’s Dismal Economic Report Mean For Commodities?

Aug 15, 2022 at 09:28 | ZeroHedge

US equity futures stocks were mixed and commodities from oil to iron ore tumbled as the latest round of terrible data from China further clouded the outlook for…

Iran’s Top Automaker Looks To Secure Russian Investments

Aug 15, 2022 at 09:24 | RFE/RL staff

Iran's leading automaker is seeking to grab a share of the Russian market after Western producers halted output or exited the market following sanctions. Iran Khodro…

How To Play The Surge In Lithium Demand?

Aug 12, 2022 at 12:42 | Martin Tillier

After the market closed yesterday, EV maker Rivian (RIVN) released earnings that seemed to confuse the market more than anything. The stock dropped, then jumped, then dropped again as traders…

Clean Energy Stocks Are Shining

Aug 12, 2022 at 12:28 | Editorial Dept

In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors.…

Oil Prices Fall As Demand Concerns Persist

Aug 12, 2022 at 12:19 | Tom Kool

Crude prices fell on Friday morning, erasing some gains as traders remain cautious to go long on crude again.

U.S. Drilling Activity Sees Decline For Second Straight Week

Aug 12, 2022 at 12:12 | Julianne Geiger

The number of total active drilling rigs in the United States fell by 1 this week, according to new data from Baker Hughes published on Friday. It is the second…

The Unstoppable Growth Of Carbon Markets

Aug 12, 2022 at 08:37 | Felicity Bradstock

As many governments and major companies around the world make pledges for net-zero carbon emissions by 2050 or just after, the value of carbon is steadily rising. But…

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