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Energy

Oil Prices On Track For A Third Consecutive Week Of Gains

Sep 15, 2023 at 01:24 | Irina Slav

Crude oil prices were set for a third week of increases today, lifted by the growing imbalance between demand and supply, and by China’s latest industrial output

A Critical Mineral Cartel Would Be Worse Than OPEC

Sep 14, 2023 at 15:41 | Irina Slav

In her State of the Union address this week, EC President Ursula von der Leyen made a point about the EU’s growing independence in sectors such as energy, chips, and…

Air Fares Poised To Skyrocket As EU Adopts Green Fuels For Aviation

Sep 14, 2023 at 15:26 | Alex Kimani

Back in 2008, Virgin Atlantic made history after flying a Boeing 747 between London and Amsterdam partly powered by a biofuel made from Brazilian babassu nuts and coconuts. Although…

A Proposal That Could Rejuvenate Venezuela's Ailing Oil And Gas Industry

Sep 14, 2023 at 09:22 | Cyril Widdershoven

The recent summit between the European Union (EU) and the Community of Latin American and Caribbean States (CELAC) in Brussels represented a timely opportunity for Europe to build…

Rising Gasoline Prices Push August Consumer Price Index Higher

Sep 14, 2023 at 08:21 | City A.M

US consumer prices increased by the most in more than a year in August amid a surge in the cost of gasoline, but a moderate rise in underlying…

The 5 South American Countries With The Largest Natural Gas Reserves

Sep 14, 2023 at 08:15 | Matthew Smith

South America is fast emerging, once again, as one of the world’s hottest drilling locations, with the continent believed to contain considerable volumes of commercially extractable natural gas. While offshore…

European Central Bank Surprises Markets With Rate Hike

Sep 14, 2023 at 08:13 | ZeroHedge

As we previewed earlier, while the ECB decision was a tough call and while pure mathematical consensus expected no hike today, moments ago the ECB surprised the consensus (if not our…

The Future Of Lithium-ion Battery Recycling

Sep 14, 2023 at 08:12 | Brian Westenhaus

Chinese researchers have introduced a novel approach for the recovery and recycling of lithium from used Lithium Ion Batteries (LIBs). The team…

New State Laws Could Derail Biden's Zero-Carbon Ambitions

Sep 14, 2023 at 08:06 | ZeroHedge

Grassroots resistance to the Biden administration’s ambitious push for a “zero-carbon” economy is coalescing in varied new state laws and local ordinances that threaten to bog down solar…

European Automakers Rally As EU Launches Probe Into Chinese EV Subsidies

Sep 14, 2023 at 08:03 | ZeroHedge

Apparently, things are going a little too well for the EV market in China, prompting the EU to launch an investigation into Chinese subsidies for electric vehicles, according…

Energy Commissioner Calls On The EU To Phase Out Russian LNG Imports

Sep 14, 2023 at 06:39 | Tsvetana Paraskova

The European Union should phase out imports of LNG from Russia instead of buying more of Moscow’s super-chilled fuel, EU Energy Commissioner Kadri Simson said…

Why Oil Could Top $100 In Q4 2023

Sep 13, 2023 at 13:33 | Alex Kimani

Oil prices have soared to a 10-month high on Wednesday, with a surprise build in U.S. crude inventories failing to dampen expectations of tight supplies for the rest of the…

China’s Strong Oil Imports At Odds With Economic Data

Sep 13, 2023 at 10:51 | Charles Kennedy

China has maintained a strong rate of crude oil imports pretty much since the start of the year, but instead of turning oil markets bullish, it has only served to…

Builds In Crude, Fuel Inventories Weigh On Oil Prices

Sep 13, 2023 at 09:38 | Irina Slav

Crude oil prices ticked lower today after the Energy Information Administration reported an inventory build of 4 million barrels for the week to September 8. This compared with…

China’s LNG Buying Spree Threatens Global Gas Market Stability

Sep 13, 2023 at 08:33 | Tsvetana Paraskova

China is back on the spot LNG market to seek cargoes for the coming winter, potentially upsetting a fragile balance in the global natural gas market just as Europe has…

Cost Of Living Crisis Threatens EU Energy Transition

Sep 13, 2023 at 08:31 | Irina Slav

Consistently higher living expenses have deepened a rift among—and within—EU members about tackling climate change and moving away from oil, gas, and coal. The development has been anything but surprising,…

China And U.S. Dominate Global Seaport Trade

Sep 13, 2023 at 08:21 | ZeroHedge

According to the World Bank, global seaport trade traffic reached 841 million TEUs (20-foot container equivalent units) in 2021. In this…

Cost-Effective Chromium: The Next Big Thing In Green Energy?

Sep 13, 2023 at 08:13 | Brian Westenhaus

University of Basel chemists have succeeded in replacing the rare elements osmium and ruthenium with a significantly cheaper metal. In terms of their properties, the new materials…

Faster, Cleaner Lithium Extraction Technique Could Boost Clean Energy Future

Sep 13, 2023 at 08:02 | Brian Westenhaus

Princeton University Engineering School researchers have developed a new approach that slashes the land and time needed to extract lithium from brine, which could dramatically expand access…

Slumbering U.S. Supervolcano Holds $1.5 Trillion Worth Of Lithium

Sep 13, 2023 at 08:00 | ZeroHedge

An ancient supervolcano along the Nevada-Oregon border contains what could be the world's largest single deposit of lithium. The findings could reshape the West's supply of the critical…

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