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Energy

Fujairah Oil Terminal To Upgrade As Crude Trade Is Expected To Surge

Aug 27, 2021 at 11:42 | Tsvetana Paraskova

The Fujairah Oil Terminal (FOT) is upgrading its infrastructure to link the storage site with a key crude pipeline and the terminal for supertankers at the Port of Fujairah, in…

Texas May Soon Get A New Electricity Supplier: Tesla

Aug 27, 2021 at 11:03 | Irina Slav

Texas may soon get one more electricity supplier after Tesla filed an application with the state’s Public Utility Commission to sell power directly to consumers, CNBC reports. Earlier this…

Emerging Economies Deserve A Chance At Oil Riches, Too

Aug 27, 2021 at 10:36 | Felicity Bradstock

Emerging economies must continue to rely on fossil fuels while demand is high, largely ignoring the developed world’s green transition and taking this opportunity to develop their economies…

Cocaine Production Soars In Colombia As Oil Industry Crumbles

Aug 27, 2021 at 10:33 | Matthew Smith

Conflict-torn Colombia’s economically crucial oil industry continues to labor under the pressure of an array of threats.After being severely impacted by the pandemic oil output in…

Scientists Fix Important Issue With Sodium-Ion Batteries

Aug 27, 2021 at 10:33 | Tsvetana Paraskova

A novel type of graphene with a unique artificial nanostructure can make sodium-ion batteries as high-capacity as lithium-ion batteries, offering a more sustainable approach to energy storage. 

Oil-Rich Nations Face Growing Pressure To Go Green

Aug 27, 2021 at 10:21 | Felicity Bradstock

Governments in long-established oil-rich nations around the world are coming under fire for their decisions over oil and gas versus renewable alternatives. The once-coveted natural resource is now…

Carbon Capture Could Dramatically Improve The LNG Outlook

Aug 27, 2021 at 10:18 | Alex Kimani

Climate change is no longer a fiery apocalypse that we expect to happen in the far off future. Rising sea levels, wild-fires, heat waves and extreme weather events…

Are Semiconductors The New Oil?

Aug 27, 2021 at 10:15 | Haley Zaremba

Before the United States’ shale revolution, the terms of the world’s geopolitical structure were almost entirely dictated by oil production in the Middle East. The politically tumultuous region…

Total Is Still Betting Big On Oil Despite Renewable Push

Aug 27, 2021 at 10:12 | Leonard Hyman & William Tilles

Early this year French oil company, Total, changed its name to TotalEnergies. In the summer, TotalEnergies introduced itself to the world with a slick advertising campaign claiming boldly…

Mexico’s Pemex Struggles To Restore Oil Output Lost After Fatal Fire

Aug 27, 2021 at 10:00 | Tsvetana Paraskova

Mexico’s state-owned oil firm Pemex has restored part of the oil production suspended after Sunday’s fatal fire that killed seven people, but the pace of output recovery could be slower…

Oil Stages Strong Recovery

Aug 27, 2021 at 09:55 | Michael Kern

With fundamentals largely remaining the same as they were last week, oil prices nevertheless are poised to post sizable gains, with global benchmark…

Oil Set For Largest Weekly Gain Since October

Aug 27, 2021 at 08:12 | Tsvetana Paraskova

Oil prices rose early on Friday and were on course to post their biggest weekly gain since October last year as Gulf of Mexico oil operators started evacuating personnel and…

The Future Of Oil Is Offshore

Aug 26, 2021 at 13:17 | Irina Slav

Brazil and its tiny neighbors Guyana and Suriname have recently risen to prominence with major oil discoveries despite what most would see as an unfavorable environment—the energy transition…

Which U.S. States Are Most Dependent On Fossil Fuels?

Aug 26, 2021 at 13:16 | Alex Kimani

Last week, the Intergovernmental Panel on Climate Change delivered its starkest warning yet about the deepening climate emergency, saying a key temperature limit…

Could Biden’s Fuel Efficiency Plan Split The Left?

Aug 26, 2021 at 13:14 | Julianne Geiger

Fuel efficiency standards in the United States just got tighter--almost 10% tighter. Automakers are already burdened by a shift in focus on electric vehicles. Will tougher fuel efficiency…

The Permian Is Set To Thrive Through 2025

Aug 26, 2021 at 13:14 | Felicity Bradstock

The Permian Basin looks strong until at least 2025 despite challenges from Biden's alternative energy push, with oil output climbing steadily after its dip during the 2020 pandemic,…

It’s Only A Matter Of Time Before China Makes A Move On Afghanistan

Aug 26, 2021 at 13:00 | Metal Miner

While the world looks on with growing concern at the political play unfolding in Afghanistan with the takeover of the Taliban, another sidebar to this developing story that…

Alaska’s Oil Industry May Be On Its Last Legs

Aug 26, 2021 at 12:44 | Felicity Bradstock

Last week a judge halted the latest Alaskan oil project following a year of disappointment due to the Covid related drop in oil demand and the cancellation of…

India’s Demand For Petrochemicals Set To Surge Tenfold By 2050

Aug 26, 2021 at 11:18 | Tsvetana Paraskova

India’s petrochemicals demand is expected to jump ten times by 2050, the president of India’s Chemicals and Petrochemicals Manufacturers’ Association (CPMA) said at the CPMA - Argus Petrochemical Online…

Iron-Air Batteries Could Be The Breakthrough Energy Markets Are Waiting For

Aug 26, 2021 at 10:27 | Leonard Hyman & William Tilles

Last year, we made a financial projection for the price of electricity long term, with or without decarbonization (“Electricity decarbonization is not that expensive, so let’s get on…

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