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Energy

Brent Breaks Above $91 as Bullish Sentiment Builds

Apr 05, 2024 at 08:39 | Michael Kern

Oil prices rallied this week as geopolitical risk and supply issues added to bullish sentiment, although concern that the Fed might not cut interest rates this year could counter that…

Wall Street Remains On The Sidelines as Oil Jumps to $90

Apr 04, 2024 at 15:57 | Alex Kimani

After a slow start to the year, energy has emerged as the sector to watch with crude oil futures soaring to a five-month high in the wake of escalating geopolitical…

Europe Still Addicted To Russian LNG

Apr 04, 2024 at 11:31 | Tsvetana Paraskova

The European Union has replaced addiction to one form of Russian gas with another. Instead of receiving pipeline gas from Russia from the east, Europe is now using Russian LNG…

Why Is Iraq Now Blaming IOC’s For Ongoing Delay To Kurdish Oil Flows?

Apr 04, 2024 at 10:34 | Simon Watkins

It has now been just over a year since the Federal Government of Iraq (FGI) centred in Baghdad imposed an embargo on oil exports from the country’s semi-autonomous region of…

Ecopetrol, Guerillas and Death Squads: The War for Colombia’s Oil

Apr 04, 2024 at 08:58 | Matthew Smith

Colombia’s national oil company Ecopetrol, regarded as one of the best-managed state-controlled energy companies in Latin America, is still dealing with allegations of murder, extortion, and intimidation. Since the early…

The World Faces A Natural Gas Glut Not Seen in Decades

Apr 04, 2024 at 08:50 | Tsvetana Paraskova

Two warmer winters in a row have lifted natural gas inventories in the United States and Europe and have eased concerns about supply, which were sparked by the Russian invasion…

Energy Storage Demand Offers Ray of Hope for Tesla as EV Sales Slump

Apr 04, 2024 at 08:43 | Haley Zaremba

Tesla’s sales showed a disastrous slump in the first quarter of 2024, with deliveries falling far below even the most pessimistic market estimates. Tesla reported just 386,810 vehicle…

Baltimore Port Shutdown Sends Shockwaves Through Auto Industry

Apr 04, 2024 at 08:39 | Metal Miner

Via Metal Miner  Month-over-month, the Automotive MMI (Monthly Metals Index) exhibited little movement. The index trended sideways, only…

Uzbekistan's Natural Gas Crunch Squeezes State Coffers

Apr 04, 2024 at 08:32 | Eurasianet

Uzbekistan is grappling with a natural gas production crunch, putting pressure on state coffers. In February, Tashkent sharply reduced gas supplies to China, according to a…

Ex-BP CEO Browne: £2.7 Trillion Needed to Pivot Climate Crisis into Correction

Apr 04, 2024 at 08:27 | City A.M

Companies, governments, and investors need to confront short-term trade-offs and make tough choices to alter the world's climate change course.The former boss of UK oil supermajor…

The Rare Metal Keeping Biden and Xi Awake at Night

Apr 03, 2024 at 17:32 | Tom Kool

Shortly after Canada evicted Chinese investors from certain critical minerals assets, the U.S. Department of Defense began developing its own AI program to estimate critical mineral prices and predict supplies…

Anti-Oil Activists Up Their Game Against Insurers Of Big Oil

Apr 03, 2024 at 11:23 | Irina Slav

Back in 2022, two insurance majors said they would reduce the amount of business they do with Big Oil. Allianz and Swiss Re both motivated the move with…

U.S. Oil Is Stealing Market Share from OPEC+

Apr 03, 2024 at 09:51 | Tsvetana Paraskova

Surging U.S. oil production and shifting global oil flows amid geopolitical flare-ups have boosted American crude exports to record-high levels in recent months. Now U.S. oil is encroaching on the…

Oil Moves Higher on Fuel Inventory Draws

Apr 03, 2024 at 09:39 | Irina Slav

Crude oil prices rose today after the Energy Information Administration reported an inventory build of 3.2 million barrels for the last week of March. The authority also estimated draws…

Thermal Batteries Are the Hottest New Thing in Energy Storage

Apr 03, 2024 at 08:55 | Haley Zaremba

The energy storage sector is on the verge of explosion. As leading economies around the world race to install more and more renewable energy production capacity, the nature of our…

Breakthrough in OLED Technology Could Revolutionize Tech Displays

Apr 03, 2024 at 08:39 | Brian Westenhaus

A University of St. Andrews managed new multidisciplinary research could lead to more efficient televisions, computer screens and lighting. Researchers at the Organic Semiconductor…

Xiaomi's EV Launch Shakes Up China's Auto Industry

Apr 03, 2024 at 08:10 | ZeroHedge

Xiaomi's marketing efforts have made a significant impact in the highly competitive EV market.The Xiaomi SU7 EV launch was such a resounding success that the vehicle…

Chinese Investments In U.S. Shale Gas Have Been Bad For The Sector

Apr 02, 2024 at 17:51 | Alex Kimani

The United States is currently experiencing a post-pandemic boom in foreign direct investment (FDI), thanks in large part to new industrial policies that incentivize U.S. manufacturing investment such as the…

Cesium Wars: China and America Battle for the Future of Big Tech

Apr 02, 2024 at 17:20 | Michael Kern

The key to long-term North American security has become inextricably tied to critical minerals such as lithium, graphite, nickel, cobalt, copper and rare earths elements.  Without them, there will be…

Ukraine Energy System Avoids Total Collapse for Now

Apr 02, 2024 at 14:11 | Charles Kennedy

Ukraine's electricity system has been the target of repeated attacks by Russian forces, resulting in blackouts for about a million people. Yet the system is far from total collapse, according…

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