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Energy / Energy-General

Peak Oil: Is This Top U.S. Refiner Ditching Oil For Batteries?

Aug 10, 2021 at 10:15 | Charles Kennedy

Refiner Phillips 66 is betting on EV batteries for the future because it thinks we have already reached peak oil demand. The company has announced a strategic investment in…

Iran Nuclear Deal Talks Stalled Following Oil Tanker Attack

Aug 10, 2021 at 09:13 | ZeroHedge

With new president Ebrahim Raisi now in office, Iran says it's ready to resume JCPOA nuclear talks with world powers in Vienna, which includes indirect negotiations with the United States.…

2021 Has Been A Blockbuster Year For Offshore Oil And Gas

Aug 09, 2021 at 13:13 | Irina Slav

For an industry in trouble, the oil and gas industry is doing pretty well in terms of discoveries and final investment decisions. So far this year, 21 new…

A New Wave Of Populism Is Sweeping Latin America

Aug 09, 2021 at 13:09 | Global Risk Insights

A left turn? Peru’s polls closed on the 6th of June, but it took over a month for an official victor to be announced. Now, Pedro Castillo of…

Nuclear Energy Is Staging A Comeback

Aug 09, 2021 at 13:04 | Irina Slav

Nuclear energy had been falling further and further out of favor amid falling costs for renewable energy installations. But suggestions of its death have been highly exaggerated. The…

Trouble Is Brewing At The World’s Largest Copper Mine

Aug 09, 2021 at 12:52 | Metal Miner

LME trading volumes, along with prices, traded sideways for the first three weeks of the month and picked up the pace toward the end of the month, signaling…

Oil Prices Plunge As China Grapples With New COVID-19 Outbreak

Aug 09, 2021 at 08:25 | Tsvetana Paraskova

Oil prices crashed by 4% early on Monday to the lowest level since May, after the world’s top crude importer, China, imposed more travel restrictions to fight what it sees…

Something Interesting Is Happening In Copper Markets

Aug 06, 2021 at 13:14 | Metal Miner

There is a sizeable arbitrage window between COMEX and the LME copper price, prices that would normally move in relative harmony. The underlying cause, Reuters suggests,…

Will A Federal Clean Electricity Standard Become Reality?

Aug 06, 2021 at 13:14 | Irina Slav

The energy transition has been enjoying center stage in the energy news flow for over a year now, and things are showing no signs of changing anytime soon.…

Why Big Oil And Environmentalists Need To Support This Climate Tech

Aug 06, 2021 at 13:11 | Felicity Bradstock

While the IEA and environmentalists around the world push for decarbonization and the shift to renewable alternatives, not enough is being done to improve carbon capture and storage…

The Electricity Crisis Is A Major Problem For California's Governor

Aug 06, 2021 at 13:06 | Leonard Hyman & William Tilles

Another electric utility transmission line has been implicated in a deadly California wildfire. Since mid-July, the Butte fire in Plumas County in the Sierra Nevadas has consumed over…

U.S., Canadian Rig Count Rise

Aug 06, 2021 at 12:14 | Julianne Geiger

The number of oil and gas rigs in the United States rose by 3 this week, according to Baker Hughes—after falling by 3 last week. a The total rig count…

Signs Of Demand Weakness Emerge In Oil Markets

Aug 06, 2021 at 12:01 | Tom Kool

Oil market sentiment is decidedly cautious this week as covid cases climb and U.S. crude inventories increase.

BofA: Saudi Aramco’s $75B Dividend Isn’t Enough

Aug 06, 2021 at 10:54 | Tsvetana Paraskova

Saudi Aramco will have to raise its already massive annual dividend of $75 billion if it wants to remain competitive with other oil giants and raise its dividend yield to…

Why Are Oil Stocks So Undervalued Right Now?

Aug 05, 2021 at 17:18 | Alex Kimani

Lately, the oil bulls just can't seem to catch a proper break. Just when oil prices were consolidating after OPEC+ reached an agreement on production quotas, the markets…

Saudi-UAE Spat Is Not Over Despite OPEC+ Deal

Aug 05, 2021 at 16:39 | Tsvetana Paraskova

The surprise resistance of the United Arab Emirates during the OPEC+ negotiations last month caught the oil market off guard, but the UAE-Saudi rift wasn’t much of a surprise to…

Big Oil Continues To Ramp Up Investments In South America

Aug 05, 2021 at 15:33 | Matthew Smith

The threat of peak oil demand arriving sooner than predicted and the aggressive push to decarbonize the world economy in a post-Paris Agreement world is creating considerable uncertainty…

Commodity Traders Eye Huge Payday After Major Rally

Aug 05, 2021 at 12:52 | City A.M

Glencore’s shareholders are looking at an around £2bn payday this year after commodity price surges hoisted the mining giant to a record performance in the past six months.…

Australia Takes Aim At The EU’s Carbon Tax Plan

Aug 05, 2021 at 12:43 | City A.M

The European Union seeking to impose a carbon tax on imports would be detrimental to Australia’s export industry, its Australian energy and emissions reduction minister has warned.

Biden Sets Target Of 50% EV Share In U.S. Car Sales In 2030

Aug 05, 2021 at 10:49 | Tsvetana Paraskova

U.S. President Joe Biden is signing on Thursday an executive order, setting a target to make 50 percent of all new vehicles sold in the United States in 2030…

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