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Energy / Energy-General

IEA: Half Of All Cars Sold In Top Markets Will Be Electric By 2030

Jan 17, 2023 at 08:12 | Michael Kern

Every other car sold in 2030 in the three largest EV markets – China, Europe, and the United States – will be an electric vehicle, the head of the International…

Could Abandoned Mine Shafts Solve Our Energy Storage Problems?

Jan 17, 2023 at 07:33 | Haley Zaremba

The renewable energy revolution has a storage problem. Wind and solar energy are variable, meaning that, unlike fossil fuels, they don’t produce according…

OPEC Is ‘Cautiously Optimistic’ About Global Oil Demand In 2023

Jan 17, 2023 at 07:17 | Tsvetana Paraskova

Signs of cautious optimism about a recovery in economies and oil demand have emerged, OPEC Secretary General Haitham Al-Ghais told Bloomberg Television in an interview on Tuesday.   The…

Will OPEC+ Cut Production In Early 2023?

Jan 17, 2023 at 03:12 | Charles Kennedy

The OPEC narrative for 2022 was largely about the realities of supply and demand against the backdrop of a post-pandemic war that sparked sanctions and a European energy…

The Clean Energy Sector Is Set For A Major Labor Shortage

Jan 16, 2023 at 12:26 | Haley Zaremba

The Biden administration’s Inflation Reduction Act is a sweeping piece of legislation that will have a huge range of impacts from imposing a 15% minimum corporate tax rate…

China Petrochemical Plant Shut After Huge Explosion

Jan 16, 2023 at 11:11 | Alex Kimani

China's Panjin Haoye Chemical Co Ltd’s entire oil refinery and petrochemical complex was shut down after a huge explosion killed five people and left eight missing…

U.S. Oil Production Didn't Reach An All-Time High In 2022, But It Might In 2023

Jan 16, 2023 at 09:18 | Robert Rapier

Now that 2022 is behind us, we can review the final numbers for U.S. oil production. The Energy Information Administration (EIA) publishes these numbers, but they are usually…

Energy Professionals Predict $87 Oil In 2023

Jan 16, 2023 at 09:10 | Tsvetana Paraskova

Oil prices are set to average slightly higher than current levels, at around $90 per barrel, from now through 2027, an annual survey of more than 1,000 energy…

Oil Prices Head Lower As Traders Take Profits

Jan 16, 2023 at 01:57 | Irina Slav

Crude oil began the week with a decline as traders took profits from last week’s rally and settled down to wait for market forecasts due this week by OPEC and…

North America's Biggest Sources Of Electricity By State And Province

Jan 14, 2023 at 10:49 | ZeroHedge

On a national scale, the United States and Canada rely on a very different makeup of sources to generate their electricity. The U.S. primarily uses natural gas, coal, and nuclear…

IEA: World Needs $4.5 Trillion Investment In Clean Energy Tech By 2030

Jan 13, 2023 at 11:21 | Tsvetana Paraskova

As the world enters a new industrial age, where technology manufacturing for clean energy will lead the way, total investments in clean energy technologies and infrastructure have to…

The Truth Behind European Big Oil’s Bet On Hydrogen

Jan 13, 2023 at 10:32 | Alex Kimani

Back in 2020, the European Union set out its new hydrogen strategy as part of its goal to achieve carbon neutrality for all…

Kazakhstan Raises Energy Bills For Crypto Miners This Year

Jan 13, 2023 at 10:06 | Eurasianet

Cryptocurrency miners in Kazakhstan are paying more for their energy this year, as the government moves to encourage the use of renewables and curb the excessive electricity use…

UK Government Could Save Billions As Energy Bills Continue To Fall

Jan 13, 2023 at 09:14 | City A.M

Energy bills could fall under £2,500 per year in the second half of this year, potentially saving the Government billions of pounds in the cost of…

Why Oil And Gas Companies Are Considering Green Hydrogen

Jan 13, 2023 at 09:11 | Felicity Bradstock

As interest in green hydrogen picks up worldwide, energy firms are using a variety of renewable energy projects to power hydrogen production. One major source for this production…

Nuclear Fusion Has Gone From Pipe Dream To Possibility

Jan 13, 2023 at 09:07 | Haley Zaremba

“When Will Nuclear Fusion Put Oil And Gas Out Of Business”? a Forbes headline asked late last year. While there have been major…

Rolls Royce Smashes Sales Record In 2022 As Ultra-Rich Splurged On Luxury

Jan 13, 2023 at 09:04 | ZeroHedge

2022 was a terrible year for billionaires, many of which lost nearly $2 trillion combined. Despite stock, crypto, and bond market turmoil, as well as soaring interest…

Don’t Expect A Major Rally In Oil

Jan 13, 2023 at 07:44 | Editorial Dept

U.S. West Texas Intermediate crude oil futures rallied on Thursday, testing its high for the week amid optimism that that demand for fuel will grow in 2023. The move followed…

Natural Gas Prices Under Pressure As Production Climbs

Jan 13, 2023 at 07:42 | Editorial Dept

1. Restart of Freeport LNG Remains Uncertain- Despite market rumors suggesting a restart might be…

Why Putin Replaced His Top Military Commander

Jan 13, 2023 at 07:35 | Editorial Dept

Politics, Geopolitics & Conflict Russia’s top military commander for the “special operation” in Ukraine has been replaced. General Sergei Surovikin, charged with leading the attack on Ukraine’s energy infrastructure and…

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