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Energy / Energy-General

Automakers Hit the Brakes on Electric Vehicle Investments

Jul 12, 2024 at 06:07 | Metal Miner

Via Metal Miner Month over month, the Automotive MMI (Monthly Metals Index) failed to break very far outside…

California Refiners See Margins Shrink Despite Capacity Decline

Jul 11, 2024 at 14:59 | Charles Kennedy

Oil refiners in California saw lower-than-average margins in the past few months in an unusual twist where lower operating capacity did not automatically lead to higher margins. According to 

Big Oil is Quietly Investing in the Lithium Revolution

Jul 11, 2024 at 08:08 | Haley Zaremba

Big Oil is quietly investing in the renewable revolution – not through solar and wind power, but through lithium. The ‘white gold’ is an essential ingredient in a laundry list…

Hedge Funds Are Headhunting Succesful Power Traders

Jul 10, 2024 at 09:33 | Tsvetana Paraskova

Attracted by market volatility and the prospect of handsome profits in the coming years, hedge funds are hiring power traders from utilities and investment banks.   The hedge funds are…

Deep-Sea Mining Rush Sparks Environmental Concerns

Jul 10, 2024 at 08:00 | Felicity Bradstock

Over the last year, it has become clear that deep-sea mining for metals and minerals is likely to be approved in some regions of the world, as companies fight for…

The Countries Increasing Their Coal Dependency Despite Climate Pledges

Jul 10, 2024 at 03:09 | Felicity Bradstock

As many countries are battling to curb their coal production, some Asian powers continue to increase their dependency on the “dirtiest fossil fuel”, massively hindering a regional green transition. For…

Petrochemicals Are Big Oil’s Next Big Profit Hedge

Jul 09, 2024 at 17:24 | Alex Kimani

The ongoing electrification drive and the EV revolution have elicited dire forecasts about the imminent demise of the nearly two-century old oil & gas industry. Last year, Bloomberg predicted that global 

Early Adopters Pay the Price as EV Truck Values Tumble

Jul 09, 2024 at 09:34 | ZeroHedge

Some early adopters of electric vehicle trucks who bought on secondary markets during the EV mania in recent years have been hammered by price collapses.  Using…

Labour Looks to Balance Oil and Gas Revenue With Green Energy Expansion

Jul 09, 2024 at 09:27 | Felicity Bradstock

Following the Labour Party’s landslide victory in the U.K. at the beginning of July, several changes are expected to be introduced in the country’s energy sector. Environmentalists hope the change…

Green Economy’s 198% Return Second Only to Tech in the Past Decade

Jul 09, 2024 at 09:02 | Tsvetana Paraskova

Green economy firms have seen total market returns of 198% over the past decade, making the sector the second-best performing equity segment over the past decade, behind technology, Bloomberg 

Oil Prices Drop as Hurricane Beryl Blows Over

Jul 09, 2024 at 07:16 | Michael Kern

The first major hurricane of the year has come and gone without causing any significant supply disruptions, leading oil prices to fall back on Tuesday morning.

ESG Enthusiasm Wanes with U.S. Shareholders

Jul 08, 2024 at 11:58 | Tsvetana Paraskova

Support for environmental and social proposals from shareholders of U.S. companies at their annual general meetings remained roughly the same as last year’s proxy season and well below the 2021…

2 Million Texans Without Power as Hurricane Beryl Reaches Houston

Jul 08, 2024 at 09:57 | ZeroHedge

Hurricane Beryl, the first Atlantic hurricane of the year to strike the US, made landfall in eastern Texas as a Category 1 storm in the early morning…

China’s Renewable Energy Surge Strains Power Grid

Jul 08, 2024 at 08:39 | ZeroHedge

By John Kemp, senior energy analyst at Reuters China's record-breaking deployment of wind and solar capacity has worsened regional power imbalances, forcing the country to idle…

GM to Pay $146 Million Penalty for Emission Violations

Jul 08, 2024 at 08:01 | ZeroHedge

This week, AP and WMAR Baltimore reported that GM would have to pay the government over $146 million in penalties due to 5.9 million of its older vehicles…

Bolivian President Alleges Failed ‘Coup’ Attempt All About Lithium

Jul 05, 2024 at 14:03 | Alex Kimani

Last week, a significant political crisis unfolded in Bolivia after soldiers led by Army Commander General Juan José Zúñiga engulfed the Bolivian government palace using armored vehicles, calling to…

U.S. Gas Rig Count Jumps as Oil Rig Count Remains Unchanged

Jul 05, 2024 at 12:26 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States rose this week, pressing pause on a declining rig pattern, according to new data that…

EV Maker Polestar Struggles With Hefty Import Tariffs on Chinese-made Cars

Jul 05, 2024 at 09:48 | ZeroHedge

EV manufacturer Polestar, one of several struggling names at the bottom of the EV barrel, says that new hefty EU and US import tariffs on its Chinese-made…

What Labour’s Victory Means for UK Oil and Gas

Jul 05, 2024 at 08:48 | Irina Slav

The UK’s Labour Party just scored a massive victory that could have huge implications for the country’s oil and gas sector. This will be the party’s return to power after…

Bullish Sentiment Has Taken Hold of the Oil Market

Jul 05, 2024 at 08:27 | Michael Kern

Sentiment in oil markets is undeniably bullish, with WTI and Brent on course to post yet another weekly gain.

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