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Energy

Musk Lashes Out at Reuters for “Lies” Over Inexpensive EV

Apr 05, 2024 at 11:21 | Julianne Geiger

Reuters reported on Friday that Tesla has canceled its inexpensive car that would have catapulted Tesla’s sales growth, citing anonymous sources and a company message seen by the news outlet.…

Gas Glut? Not for Long.

Apr 05, 2024 at 11:02 | Irina Slav

Natural gas prices are falling all over the world. There is abundant supply, and demand has been lukewarm this northern hemisphere winter, which was relatively mild. Indeed, the global gas…

Conflicts Could Put West Africa's Oil Supply At Risk

Apr 05, 2024 at 10:16 | Tsvetana Paraskova

African and Western officials are concerned that the conflicts and coups in the Sahel region could spill over to the coast of West Africa, which hosts several major oil production…

North Sea Oil and Gas Firms Continue Drilling Despite Climate Goals

Apr 05, 2024 at 09:44 | Felicity Bradstock

All major North Sea oil countries are expected to continue drilling for oil and gas as they fail to agree on climate measures. The major oil-producing countries operating in the…

Iran Adapts to Shifting Tides in South Caucasus

Apr 05, 2024 at 09:39 | Eurasianet

Iran is finding it increasingly challenging to maintain its balanced approach in the Caucasus. Fresh developments keep jiggling Tehran’s diplomatic scales. Two major developments in recent…

Argentina Taps Waste Gas To Mine Bitcoin

Apr 05, 2024 at 09:28 | Felicity Bradstock

Cryptocurrency companies have been increasingly looking to power mining operations in more sustainable and affordable ways, as governments worldwide crack down on energy-intensive crypto operations by introducing more regulations in…

Oil Prices Surge as Geopolitical Risk Rises

Apr 05, 2024 at 09:26 | Editorial Dept

Oil Prices Surge WTI crude oil's current bullish trend, closely following Brent crude's movements, has placed it at a crucial point for traders. This trend, driven by a mix of…

OPEC+ Is Still Struggling With Production Cut Compliance

Apr 05, 2024 at 09:24 | Editorial Dept

1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+…

Suing Big Oil Is Becoming a Lucrative Business

Apr 05, 2024 at 09:23 | Irina Slav

First it was a group of children in Montana. Then, in Portugal, a group sued their local governments for allowing climate change to happen. The Montana group even…

Tensions Between Israel and Iran Soar

Apr 05, 2024 at 09:21 | Editorial Dept

Politics, Geopolitics & Conflict Israel has shored up its defenses in anticipation of a direct response from Iran following the Israel leveling of the Iranian consulate in Damascus, Syria. Two…

Argentina's President Is Going to War With Its Oil Provinces

Apr 05, 2024 at 09:19 | Editorial Dept

What happens when Argentina’s oil provinces cut off supplies amid a head-to-head battle with the country’s new libertarian president, Javier Milei, who has approached his mandate with a guns-blazing attitude…

Thermal Batteries: A Clean and Sustainable Alternative to Lithium-Ion Batteries

Apr 05, 2024 at 09:08 | Felicity Bradstock

The discussion about electric batteries has long been centred around lithium-ion batteries, which use lithium resources in their development. The large-scale rollout of these batteries relies on the development of…

U.S. Geothermal Capacity Set To Grow by 1,900% by 2050

Apr 05, 2024 at 09:03 | Felicity Bradstock

Governments around the globe are exploring innovative ways to produce cleaner energy that will help decrease the overreliance on polluting fossil fuels. This ranges from more traditional green energy, such…

U.S. Drivers Feeling the Pinch at the Pump as Gas Prices Soar

Apr 05, 2024 at 09:00 | ZeroHedge

Rising seasonal demand and higher crude oil prices have resulted in the highest average U.S. gasoline prices in nearly six months, with the national average gas price hitting…

Brent Breaks Above $91 as Bullish Sentiment Builds

Apr 05, 2024 at 08:39 | Michael Kern

Oil prices rallied this week as geopolitical risk and supply issues added to bullish sentiment, although concern that the Fed might not cut interest rates this year could counter that…

Wall Street Remains On The Sidelines as Oil Jumps to $90

Apr 04, 2024 at 15:57 | Alex Kimani

After a slow start to the year, energy has emerged as the sector to watch with crude oil futures soaring to a five-month high in the wake of escalating geopolitical…

Europe Still Addicted To Russian LNG

Apr 04, 2024 at 11:31 | Tsvetana Paraskova

The European Union has replaced addiction to one form of Russian gas with another. Instead of receiving pipeline gas from Russia from the east, Europe is now using Russian LNG…

Why Is Iraq Now Blaming IOC’s For Ongoing Delay To Kurdish Oil Flows?

Apr 04, 2024 at 10:34 | Simon Watkins

It has now been just over a year since the Federal Government of Iraq (FGI) centred in Baghdad imposed an embargo on oil exports from the country’s semi-autonomous region of…

Ecopetrol, Guerillas and Death Squads: The War for Colombia’s Oil

Apr 04, 2024 at 08:58 | Matthew Smith

Colombia’s national oil company Ecopetrol, regarded as one of the best-managed state-controlled energy companies in Latin America, is still dealing with allegations of murder, extortion, and intimidation. Since the early…

The World Faces A Natural Gas Glut Not Seen in Decades

Apr 04, 2024 at 08:50 | Tsvetana Paraskova

Two warmer winters in a row have lifted natural gas inventories in the United States and Europe and have eased concerns about supply, which were sparked by the Russian invasion…

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