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Breaking News:

Asian Oil Imports Dropped in April

Coal Continues to Thrive Despite Pledges for Clean Energy

Coal Continues to Thrive Despite Pledges for Clean Energy

Despite global commitments to clean…

Oil Moves Higher on Inventory Draw

Oil Moves Higher on Inventory Draw

Crude oil prices ticked higher…

Energy

China Could See Slowest Oil Import Growth In Two Decades

Jul 23, 2021 at 09:06 | Tsvetana Paraskova

High oil prices and China’s crackdown on the use of oil import quotas could result in the lowest crude oil import growth at the world’s top oil importer since 2001,…

Futures Exchanges Gear Up For EV Boom

Jul 22, 2021 at 15:41 | Metal Miner

The CME’s Comex and London Metal Exchange (LME) are squaring up for the industrial revolution that is electrification, according to recent posts by Bloomberg

U.S. Shale Sees Light At The End Of The Tunnel

Jul 22, 2021 at 10:53 | Irina Slav

The U.S. oil and gas sector is recovering from last year’s market slump. But unlike the previous boom-and-bust cycles, the industry has held off on boosting production and…

The World Will Run Out Of EV Batteries By 2025

Jul 22, 2021 at 10:48 | Haley Zaremba

In many ways, the world is not ready for the EV revolution. While electric vehicles are an absolutely invaluable and essential component of the clean energy revolution and…

Clean Energy Jobs Are Flourishing Despite COVID-19

Jul 22, 2021 at 10:46 | Haley Zaremba

You would be hard-pressed to find a single economic sector that was not impacted in some way, whether disrupted, devastated, or boosted, by the spread of the novel…

UK’s Carbon Capture Plan Carries A Hefty Price Tag

Jul 22, 2021 at 10:41 | City A.M

The cost of development of clean hydrogen and greenhouse gas removals could surpass £40bn by 2035, according to a new report by the UK’s carbon capture trade body.…

China Taps Into Crude Reserves To Curb Oil Price Rally

Jul 22, 2021 at 09:15 | Tsvetana Paraskova

The world’s top oil importer, China, has started to release more than 20 million barrels of crude oil from its strategic reserve in a move seen as seeking to curb…

Saudi Arabia Wants To Pump ‘Every Last Molecule Of Oil’

Jul 22, 2021 at 08:59 | Charles Kennedy

After two weeks of impasse, the recent OPEC+ agreement has put Saudi Energy Minister Prince Abdulaziz bin Salman in the spotlight again for the power he yields on the global…

The Real Reason Oil Prices Aren’t At $80

Jul 21, 2021 at 17:36 | Simon Watkins

The UAE’s awarding last week of a slew of huge drilling contracts aimed at increasing its crude oil output capacity from around 4 million barrels per day (bpd)…

Can The Airline Industry Live Without Fossil Fuels?

Jul 21, 2021 at 17:30 | Josh Owens

The global war on emissions has exploded in recent years, with every company, industry, and government on earth now desperately attempting to reduce its carbon footprint. From the…

5 Wild New Ways To Generate Energy

Jul 21, 2021 at 14:24 | Alex Kimani

With the clean energy shift beginning to gain serious momentum, the prime candidates for a sustainable future have been solar, wind, and--to a lesser extent--geothermal energy and nuclear…

The Perfect Nation For A Renewable Energy Revolution

Jul 21, 2021 at 14:03 | Vanand Meliksetian

In terms of energy resources, Australia is truly blessed. The island-nation is already an important fossil fuel exporter with the potential to become a heavyweight in the upcoming renewables sector.…

Traders Brace For Major Oil Market Volatility This Summer

Jul 21, 2021 at 13:54 | Tsvetana Paraskova

After a period of relative stability in the oil market where U.S. crude benchmark WTI was trading above $70 a barrel for more…

Houston Scrambles To Remain The Energy Capital Of The U.S.

Jul 21, 2021 at 09:43 | Haley Zaremba

The United States shale sector is at a crossroads. Houston, the capital of the nation’s oil and gas industry, is at the metaphorical and industrial center of a…

Oil Dips After EIA Reports Crude Inventory Build

Jul 21, 2021 at 09:38 | Irina Slav

Crude oil prices briefly dipped after the Energy Information Administration reported a crude oil inventory build of 2.1 million barrels for the week to July 16. Last week’s inventory build…

China Ramps Up Coal Production To Meet Growing Energy Demand

Jul 21, 2021 at 09:34 | Metal Miner

While the rest of the world is trying to come to grips with the European Union’s proposed carbon border adjustment mechanism (CBAM) – which calls for the levying…

America Looks For A Balance Between Oil Needs And Climate Reality

Jul 21, 2021 at 09:32 | Felicity Bradstock

It’s an eternal dispute - the need to meet consumer energy needs through oil and gas production versus the battle of climate change activists and green policy. 

Oil Rallies After Poor Open

Jul 21, 2021 at 08:58 | Tsvetana Paraskova

Oil prices started Wednesday trade in Asia lower, extending the slide from late on Tuesday, when an industry report of a surprise U.S. crude inventory increase stopped the rise in…

Could This Be The Most Promising Oil Play Of The Decade?

Jul 20, 2021 at 12:19 | James Stafford

No oil discovery narrative appears to have captured investor attention this year as much as Reconnaissance Africa’s (TSXV:RECO, OTC:RECAF) acquisition of the rights to Namibia’s giant, 6.3-million-acre Kavango…

China Buys Less Saudi Crude As It Slams The Brakes On Oil Imports

Jul 20, 2021 at 12:13 | Tsvetana Paraskova

Saudi Arabia remained China’s single largest crude oil supplier in June, ahead of Russia, although Saudi shipments to the world’s top oil importer fell by 19 percent last month amid…

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