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Carbon Price Crash Threatens EU Transition Funds

Carbon Price Crash Threatens EU Transition Funds

Earlier this year, the price…

Rising Middle East Risk Sparks Fear of $100 Oil

Rising Middle East Risk Sparks Fear of $100 Oil

In case of further escalation,…

LNG Bunkering Sales Off to a Strong Start in 2024

LNG Bunkering Sales Off to a Strong Start in 2024

LNG maintains its dominance as…

Energy

Javier Blas: 10 Things Oil Traders Need to Know About Iran's Attack on Israel

Apr 15, 2024 at 08:33 | ZeroHedge

OPEC+ has sufficient spare production capacity to control a price rally, but its approach to increasing output will be crucial.Iran's direct attack on Israel on Saturday…

Central Banks Grapple With Inflation Threat Amid Oil Price Rally

Apr 12, 2024 at 12:38 | Irina Slav

When the price of oil rises, the price of everything else rises. It’s a near-universal rule owing to the fact that virtually all goods and services involve the use of…

U.S. Drilling Activity Continues to Drop Off

Apr 12, 2024 at 12:12 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling…

Record Surge in Global Coal Capacity Led by China

Apr 12, 2024 at 11:36 | Tsvetana Paraskova

Continued expansion in China’s coal fleet and a slowdown in plant retirements in the United States and Europe in 2023 resulted in the highest net increase in global operating coal…

Breakthrough Paper-Based Battery Design Draws Inspiration from Plants

Apr 12, 2024 at 10:57 | Brian Westenhaus

Tohoku University’s Advanced Institute for Materials Research (AIMR) group of researchers has created a paper-based magnesium-air battery that can be used in GPS sensors or pulse oximeter…

A Rarely Used Technique Could Double U.S. Grid Capacity

Apr 12, 2024 at 10:54 | Felicity Bradstock

As the U.S. introduces a wide array of alternative energy options, the government is rapidly seeking ways to improve and expand the grid system. Much of the grid infrastructure is…

U.S. Oil and Gas Boom Poses Challenge to Climate Goals

Apr 12, 2024 at 10:47 | Felicity Bradstock

Over the last two years, the U.S. has significantly boosted its oil and gas production, despite also developing its renewable energy capacity. Following the Russian invasion of Ukraine and subsequent…

U.S. Senator Pushes for Ban on Chinese Electric Vehicles

Apr 12, 2024 at 10:33 | ZeroHedge

U.S. Senator Sherrod Brown (D-OH) has urged President Biden to ban Chinese-made electric vehicles to safeguard Ohio autoworkers and address the economic and…

Russia Intensifies Strikes on Ukraine’s Energy Infrastructure

Apr 12, 2024 at 10:31 | RFE/RL staff

Russia on April 12 kept up the pressure on Ukraine's energy infrastructure with a fresh series of drone and missile strikes that caused additional damage to an already…

Rivian, Lucid, Tesla Stocks Tumble As Price War Escalates

Apr 12, 2024 at 10:28 | ZeroHedge

Shares of Rivian Automotive, Lucid Group, and Tesla Motors moved lower during the cash session in the US after Ford Motor announced price cuts for its electric F-150…

IEA Cuts 2024 Oil Demand Growth Forecast

Apr 12, 2024 at 10:01 | Charles Kennedy

Global oil demand growth is slowing due to “exceptionally weak” deliveries in developed economies at the start of the year, the International Energy Agency (IEA) said on Friday as…

The Oil Price Rally Has Stalled... For Now.

Apr 12, 2024 at 07:30 | Charles Kennedy

The recent oil price rally was held back this week by rising inventories and concerns that the Fed may postpone its interest rate cuts, but geopolitical risks could yet spark…

The EU Allows Members to Ban Russian LNG as Imports Climb

Apr 12, 2024 at 06:26 | Editorial Dept

1. EU Allows Banning Russian LNG as Member States Buy More - The European Parliament approved rules this…

Geopolitical Tensions Keep Oil Prices Elevated

Apr 12, 2024 at 06:02 | Editorial Dept

In the complex mix of elements influencing crude oil prices, recent events have focused attention on June West Texas Intermediate (WTI) futures. The interplay of ongoing inflation, geopolitical tensions, and…

Iraq Has No Intention of Restarting Kurdish Oil Pipeline

Apr 12, 2024 at 05:59 | Editorial Dept

Politics, Geopolitics & Conflict Baghdad is repairing the Kirkuk-Ceyhan pipeline, which has not been operable for ten years and hopes to use it to export some 350,000 bpd to Turkey…

How Energy Investors Should Read The Fed’s Latest Notes

Apr 12, 2024 at 05:56 | Editorial Dept

As somebody whose start in markets came in interbank foreign exchange, I am used to a degree of obsession with central banks. Back when I started in that market, which…

Iran Plays Down Risk of Retaliatory Attack on Israel

Apr 12, 2024 at 05:52 | Editorial Dept

Markets were extremely jittery this week, awaiting a retaliatory attack by Iran following the Israeli strike on Tehran’s embassy in Syria, which killed a key Iranian general and other diplomats/military…

U.S. Crude Production To Decline In 2024 As Shale Activity Stalls

Apr 11, 2024 at 19:48 | Alex Kimani

Over the past three years, the U.S. energy sector has enjoyed an oil price boom that has been accompanied by soaring crude production. According to data by the U.S. Energy…

Oil Fund Withdrawals Suggest Extended Price Rally

Apr 11, 2024 at 13:39 | Irina Slav

The world's largest crude oil exchange-traded fund has bled over $2 billion in less than a year. And it's not due to investors finding greener pastures elsewhere with other ETFs;…

China Exports Gasoline Using Blockchain In Unprecedented Move

Apr 11, 2024 at 12:08 | Alex Kimani

China’s Sinochem Energy Technology Co. Ltd., a subsidiary of state-owned multinational conglomerate Sinochem Corp., has successfully completed the shipment of gasoline from China’s Quanzhou City to Singapore using blockchain technology.…

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