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$2-Trillion Funding Gap Casts Shadow over Energy Transition

$2-Trillion Funding Gap Casts Shadow over Energy Transition

Blackrock's Michael Dennis said that…

Carbon-Eating Bacteria May Hold The Key To Decarbonization

Carbon-Eating Bacteria May Hold The Key To Decarbonization

A U.S.-based biotechnology firm is…

Energy

Biden Slams U.S. Miners With Critical Metals Decision

May 25, 2021 at 12:11 | Tsvetana Paraskova

The Biden Administration plans to source the key metals for electric vehicles from allies outside America and focus on processing those materials in the United States, officials told Reuters…

A Storm Is Brewing In Asian LNG Markets

May 25, 2021 at 11:59 | Vanand Meliksetian

Few countries have profited from China’s rise as Australia has over the past decades. The insatiable appetite for raw materials such as iron ore, coal, and natural gas, has fueled…

Oil Prices Rebound As Demand Optimism Returns

May 25, 2021 at 11:47 | Tom Kool

The IEA made headlines last week when it suggested that there should be no new oil and gas investments after 2021... If that were to happen - with a supply…

A Rare Moment Of Stability For Oil Prices

May 25, 2021 at 11:01 | Irina Slav

Oil prices have generally been trending higher over the past few months as the demand outlook for the commodity improved amid mass vaccination efforts. This week, however, benchmarks have experienced…

Canada To Boost Oil Exports To The U.S.

May 25, 2021 at 10:02 | Irina Slav

Canadian crude oil exports to the United States are about to increase this year as additional pipeline capacity comes online and oil sands output increases, Argus reports, adding that…

OPEC Will Force Overproducing Members To Comply And Compensate

May 25, 2021 at 09:13 | Tsvetana Paraskova

OPEC has had to remind once again the laggards in compliance in the OPEC+ oil production deal to submit plans on how they will compensate for pumping above their respective…

Ambitious Energy Goals Are Hurting European Businesses

May 24, 2021 at 16:55 | Irina Slav

European carbon prices are running at record highs these days, and they have more room to rise, according to some analysts and traders. On the face of it, this…

U.S. Drivers In For A Gasoline Price Shock At The Pump

May 24, 2021 at 15:58 | Julianne Geiger

It’s one of the busiest travel days of the year in the United States. As drivers ready to hit the road for their Memorial Day weekend road trips, they might…

Cement-Based Batteries Could Solve The Energy Storage Problem

May 24, 2021 at 15:06 | Tsvetana Paraskova

Researchers have developed a concept for a rechargeable battery based on cement—a world-first such concept that they suggest could one day turn buildings into giant energy storage facilities. The proof…

The IEA's Seven Pillars Of Decarbonization

May 24, 2021 at 14:03 | Robert Rapier

Last week the International Energy Agency (IEA) released a new report detailing the steps that would be required to get the world to net?zero carbon emissions (NZE) by 2050. The…

Top Five Oil Firms Saw Revenues Fall 31% In 2020

May 24, 2021 at 12:05 | Charles Kennedy

The five largest oil and gas companies in the world saw their combined revenues drop by 30 percent last year, although they still generated more than $1 trillion in total…

Oil Rises On Demand Optimism

May 24, 2021 at 10:54 | Tsvetana Paraskova

Oil prices rose by 2 percent early on Monday, buoyed by market expectations that fuel demand globally is rising with the re-opening of major economies in Europe and higher travel…

Goldman Sees $80 Oil This Year Despite Pending Iran Deal

May 24, 2021 at 10:07 | Charles Kennedy

Goldman Sachs still expects crude oil to rise to $80 per barrel by the end of the year despite reports about progress on U.S.- Iranian talks about the lifting of…

Oil Prices Rebound As Iranian Nuclear Deal Hits A Snag

May 24, 2021 at 09:03 | ZeroHedge

Oil prices rebounded from last week's Iran deal optimism-inspired rout, as a new potential "snag" emerged in reviving the 2015 Iran nuclear deal that could add more…

Did China Just Sound The Death Knell For Venezuela’s Oil Industry?

May 21, 2021 at 16:23 | Felicity Bradstock

China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and…

Can The U.S. Compete With Qatari LNG?

May 21, 2021 at 16:19 | Irina Slav

Qatar's recent announcement that it would build the world's largest LNG production facility did not prompt any applause from other LNG producers. Now,…

Is It Possible To Have A Nuanced Discussion About The Energy Transition?

May 21, 2021 at 16:13 | 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, heatwaves, and extreme weather events are already…

Oil Companies Close The Taps As Fear Of Civil War Grows In Colombia

May 21, 2021 at 16:10 | Matthew Smith

Key Latin American U.S. ally and the region’s fourth-largest oil producer Colombia finds itself rocked by anti-government protests which are now into their…

Will The World’s Largest Oil Region Become A Hydrogen Hub?

May 21, 2021 at 16:03 | Tsvetana Paraskova

The biggest oil-exporting region in the world, the Middle East, has set its sights on becoming a major clean energy exporter of green hydrogen. The largest…

Aramco And Siemens Team Up To Take On Cybercrime

May 21, 2021 at 15:49 | Felicity Bradstock

As Aramco, Siemens Energy and the World Economic Forum state they will be launching a joint report on cyber resilience, Siemens also announces its cybersecurity collaboration with ServiceNow…

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