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China's Largest Oil Refiner Sees Almost No Throughput Growth

China's Largest Oil Refiner Sees Almost No Throughput Growth

China's largest oil refining company,…

Grid-Enhancing Technologies: The Answer to Growing Power Needs?

Grid-Enhancing Technologies: The Answer to Growing Power Needs?

Grid-enhancing technologies offer interim solutions…

Energy / Energy-General

China's Grip on Rare Earth Industry Tightens as Prices Drop

Jul 18, 2024 at 08:16 | ZeroHedge

Rare earth mineral companies in China have been stung by declining prices at the same time the government "tightens its grip" on the industry, according…

Can the U.S. Avoid an Energy Crisis?

Jul 18, 2024 at 06:21 | ZeroHedge

Authored by Danny Ervin via RealClearEnergy, I am generally pessimistic about the future of the U.S. due to recent energy policies at the federal and state levels…

Oil and Gas Exports Are Increasingly Important for Canada's Economy

Jul 17, 2024 at 10:35 | Tsvetana Paraskova

Canada’s oil and gas industry has seen its share of the country’s merchandise exports jump over the past two decades, and energy is now a crucial contributor to Canadian trade…

Oil Extends Gains As EIA Confirms Crude Draw, Rising Fuel Inventories

Jul 17, 2024 at 09:54 | Julianne Geiger

Crude oil prices went higher today, after the U.S. Energy Information Administration reported an inventory draw of 4.9 million barrels for the week to July 12. This was on top…

The EU Is Facing a Looming Gas Supply Crisis

Jul 17, 2024 at 08:44 | Rystad Energy

The European Union (EU) targets a ban on Russian fuel imports by 2027. However, nearly half of Russia's pipeline gas supplies to Europe and Moldova are still passing…

Container Ship Backlogs and Soaring Rates Drive Supply Chain Congestion Concerns

Jul 17, 2024 at 08:23 | ZeroHedge

Goldman's Jordan Alliger released his latest supply chain congestion note on Monday, informing clients that for the first time in 1.5 years, the supply chain congestion index is…

Was President Trump Responsible for Lower Gas Prices?

Jul 17, 2024 at 07:54 | Robert Rapier

No energy topic elicits as much interest as gas prices. The three most popular articles I have ever written — one with more than a million views — were about…

The West Expands Its Presence In Key Egyptian Gas Sector

Jul 16, 2024 at 12:54 | Simon Watkins

One of the largest Western investors in Egypt’s energy sector, Italy’s Eni, has announced that it is to drill new wells in the country’s flagship Zohr field, the largest gas…

Canada's Oil Industry Enjoys Boom Year, But There's a Catch

Jul 16, 2024 at 10:42 | Tsvetana Paraskova

Canada's oil industry is enjoying a boom year with the start of the Trans Mountain Expansion Project in May, which tripled the volumes Alberta's oil producers can send via the…

WTI Falls To $80 Despite Expectations of Global Q3 Supply Deficit

Jul 16, 2024 at 09:44 | Tom Kool

Oil prices are falling on Tuesday morning as weaker-than-expected economic data from China sparks demand concerns. WTI crude fell back to the $80 handle ahead of this week's crude inventory…

Gulf Oil Producers Invest Heavily in Carbon Capture and Hydrogen

Jul 16, 2024 at 08:05 | Oxford Business Group

As hydrocarbons producers reap sustained revenue from high global prices, national oil companies (NOCs) in the Gulf are accelerating investment in carbon capture, utilisation and storage (CCUS); hydrogen;…

UK Fund Faces Headwinds as Energy Storage Challenges Emerge

Jul 16, 2024 at 08:02 | City A.M

Gore Street Energy fund said it remains confident in delivering strong returns to investors despite “challenging” conditions in Britain’s energy storage market over the last…

Trump's VP Choice Could Signal Rollback of Climate Protections

Jul 16, 2024 at 05:37 | Tsvetana Paraskova

Environmental campaigners have slammed Donald Trump’s pick for running mate, Ohio Republican Senator J.D. Vance, saying that he is a climate change denier and a “Big Oil sell-out” who will…

Saudi Arabia’s Economic Strategy is a Double-Edged Sword for OPEC Stability

Jul 15, 2024 at 18:32 | Julianne Geiger

While countries like Brazil and the United States are often seen as major pressures on OPEC oil production policies, Saudi Arabia’s ambitious Vision 2030 might pose an even greater challenge.…

Big Auto Eyes $2B in Govt Grants to Boost EV Production

Jul 15, 2024 at 14:59 | Alex Kimani

The Biden administration is awarding nearly $2B in grants to General Motors (NYSE:GM), Stellantis (NYSE:STLA) and other carmakers to help restart or expand electric vehicle manufacturing and assembly sites in eight states.  The…

Energy Services Employment Rebounds

Jul 15, 2024 at 09:56 | Tsvetana Paraskova

U.S. oilfield services jobs saw another month of job gains in June, pointing to continued improvement in the energy sector job market, while overall U.S. jobs growth moderates and the…

Houston we Have a Problem

Jul 13, 2024 at 10:31 | Leonard Hyman & William Tilles

Hurricane Beryl barreled through Houston last Monday leaving over three million electric utility customers without power in the sweltering summer heat. Hurricanes, despite appearing with increasing frequency and greater force,…

Middle East Drilling Demand Growth Scaled Back

Jul 12, 2024 at 14:52 | Alex Kimani

Maritime Strategies International (MSI) has scaled back its Middle East Gulf region jackup drilling demand growth after Saudi Aramco suspended contracts for over 20 jackups. Saudi Aramco's surprise move came…

U.S. Oil, Gas Drilling Activity Continues To Drop

Jul 12, 2024 at 12:15 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total…

AI's Rapid Growth Threatens Energy Industry, Economy, and Climate

Jul 12, 2024 at 06:21 | Haley Zaremba

The growth of Artificial Intelligence has come on so strong and so fast that it threatens to destabilize the energy industry, the economy, and the climate.  Last week, Google stated…

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