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Energy / Energy-General

Why Russia Is Arming General Haftar in Libya

Jun 28, 2024 at 05:34 | Editorial Dept

Politics, Geopolitics & Conflict Libya continues to unravel, quietly, with indications mounting that rival governments are regrouping for something big. Earlier this week, aided by US intelligence, Italian authorities intercepted…

A Nuclear Stock to Consider Even After Rallying 200%

Jun 28, 2024 at 05:34 | Editorial Dept

Those who have been reading my contributions here for a while will know that I am not really a momentum guy. By training and nature, I am more of a…

Oil Markets Are Focused on Supply, Demand, and Israel

Jun 28, 2024 at 05:34 | Editorial Dept

Oil markets were looking at two things this week (and likely next week): The eternal debate on supply and demand, and an Israel-Lebanon war that requires only a…

$200B In Carbon Capture Investment Needed Over Next 10 Years

Jun 27, 2024 at 16:01 | Alex Kimani

By 2034, the world will have developed carbon capture capacity of 440 millions tonnes per annum (Mtpa) while storage capacity will reach 664 Mtpa, requiring $196 billion in total investment, global…

Lithium: A Clean Energy Solution with a Dirty Secret

Jun 27, 2024 at 09:48 | Haley Zaremba

Lithium is essential to saving the world from climate change – but will it destroy the environment in the process?  Ironically, lithium extraction is just as associated with sharply negative…

Baku’s COP29 Architectural Renovations Draw Criticism

Jun 27, 2024 at 09:36 | Eurasianet

Preservationists are accusing government agencies in Azerbaijan of architectural vandalism as the capital, Baku, prepares to host the annual United Nations climate conference.  The UN conclave…

Can Renewable Energy Sustain Our Cooling Needs During Heat Waves?

Jun 27, 2024 at 09:33 | ZeroHedge

Authored by Connor O'Keefe via The Mises Institute, On Sunday, activists from the environmentalist organization Extinction Rebellion stormed the green…

The Key Takeaways of the 2024 Statistical Review of World Energy

Jun 27, 2024 at 06:30 | Robert Rapier

Last year, after 70 years of publishing the Statistical Review of World Energy, BP handed over the publication to the Energy Institute (EI). The full report and all data can…

Why Big Investors Are Doubling Down Right Now on Oil & Gas Stocks

Jun 26, 2024 at 15:27 | Alex Kimani

For decades, Berkshire Hathaway (NYSE:BRK.B) Chairman and CEO Warren Buffett adopted a conservative investment approach, favoring retail and banking stocks while giving a wide berth to more volatile sectors such as energy…

Is This The World's Very Last New Oil State?

Jun 26, 2024 at 11:56 | Irina Slav

In late March, the president of Guyana, Irfaan Ali, lectured—in his own words—the BBC's Stephen Sackur, who tried to suggest during an interview that Guyana would do better to…

AI and EV Boom To Add 290 TWh of New Electricity Demand in the U.S.

Jun 26, 2024 at 08:45 | Rystad Energy

Total US electricity demand has remained relatively stable at around 4,000 terawatt-hours (TWh) since 2010, but as electrification accelerates, that’s about to change. The build-out of data centers…

German Industry Vulnerable to Chinese Retaliation

Jun 26, 2024 at 08:33 | ZeroHedge

After several weeks of escalating tit-for-tat trade war salvos between China and Europe, threatening to scuttle billions in auto trade between the two…

Russia Eyes Expansion of Investment in Iranian Oil and Gas Sector

Jun 25, 2024 at 09:56 | Simon Watkins

Russian oil companies are to undertake a slew of new investments to development Iran’s huge oil and gas reserves, according to recent comments from the Islamic Republic’s Petroleum Minister, Javad…

Bullish Sentiment Is Building in Oil Markets as Demand Concerns Fade

Jun 25, 2024 at 09:33 | Michael Kern

Oil prices are set to post an impressive gain this month as bullish sentiment has been building and demand concerns fading.

Renewable Energy Growth Fails To Offset Fossil Fuel Dominance

Jun 25, 2024 at 08:50 | ZeroHedge

At a time when the peak of "green" virtue signaling has come and gone, we regret to inform you that all that jawboning and posturing has achieved... absolutely…

Exxon and Partners’ Net Profit From Guyana’s Oil Soared in 2023

Jun 25, 2024 at 08:15 | Tsvetana Paraskova

ExxonMobil, Hess, and CNOOC of China booked a combined $6.33 billion in net profit for their joint oil operations offshore Guyana last year, with net profit margins topping that of…

American Jet Fuel Finally Sees Covid Rebound

Jun 24, 2024 at 16:06 | Alex Kimani

Last week, crude oil futures finished the week higher on indications of stronger U.S. demand and a rising perception of risk from a wider Middle East conflict that could endanger…

Business World Begins U-Turn on Climate Targets

Jun 24, 2024 at 14:17 | Irina Slav

Barely a couple of years ago, setting climate targets and emission reduction plans was de rigueur in the business world. There was a veritable race to out-target competitors in order…

Why U.S. Diesel Demand Is Underwhelming

Jun 24, 2024 at 11:53 | Tsvetana Paraskova

Lackluster diesel demand in the United States has weighed on oil market sentiment and oil prices in recent months. U.S. diesel demand has been underwhelming so far this year. Alongside 

British Banks Have Abandoned North Sea Oil

Jun 24, 2024 at 10:27 | Alex Kimani

Virtually all British banks have stopped financing smaller independent oil and gas producers, responsible for the bulk of output and investment in the North Sea, Neptune Energy has revealed. Changes in the…

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