Machine learning technology has the…
Commodity prices have reached their…
Consumers are taking some of…
Even if OPEC+ were to boost oil supply to the market, as major consuming nations have called for, it wouldn’t have much difference on the global natural gas market, Saudi…
Chip shortage or not, it looks like Tesla’s Q3 results are going to be quite impressive despite some supply chain issues that are pervasive in the market. Tesla (NASDAQ: TSLA)…
Kazakhstan’s national grid operator has begun rationing electricity to the country’s biggest consumers, likely targeting cryptocurrency mining farms. Facing a sudden energy shortage, officials must be regretting their…
While electric vehicles are undoubtedly the future, the question of whether or not our power grid is also ready for the "future" has started to surface. Especially in places like New York.…
Recovering fuel demand and additional demand for oil products amid record-high coal and natural gas prices have pushed up global oil refining margins to their pre-pandemic levels. For the…
India's state-owned and private refiners are set to collaborate on their crude oil imports to secure better contract terms, Reuters has reported, noting that the idea comes from the…
The American Petroleum Institute (API) on Tuesday reported its fourth straight week of crude oil inventory builds. The week, according to the API, the build was 3.294 million barrels-strong. U.S.…
Russia’s gas giant Gazprom is in no hurry to supply additional volumes to alleviate Europe’s gas crisis, unless the European Union (EU) and Germany grant operational license to the controversial…
The energy crisis amid a coal shortage in China has worsened because of colder weather in recent days, sending the key local coal futures contract to a new record high…
The United Kingdom could be ready to officially put nuclear power back on the map. That's because UK ministers are planning on putting nuclear power "at the heart of Britain’s…
President Joe Biden’s $3.5-trillion spending plan was thrown into doubt after Joe Manchin, a Democratic Senator of West Virginia, opposed the clean electricity part of the program and the penalization…
Japan has approached OPEC producers and their partners in OPEC+ with a request for more output, Kyodo News reported this week, citing industry minister Koichi Hagiuda. The minister said…
The surge in worldwide energy prices has triggered a spike in coal usage—which has in turn improved the bottom line of the largest coal miner in the United States. Third-quarter…
Surging coal prices and power shortages in China slowed the growth of the world’s second-largest economy in the third quarter and threaten to spill over to the global supply chains…
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), unveiled this weekend its latest project to attract tourists to the country by offering “epic adventures” in a park,…
Talk of trade meetings is usually met with a yawn and click to the next news item. However, last week’s meeting between the E.U. and the U.S. in…
Coal shortages are currently causing electricity supply problems in two major coal-using economies, India and China.
Ahead of COP26, the UK National Grid showed that fossil fuels were generating 62 percent of its energy, while renewables chipped in just 6.3 percent. By far, natural gas is…
The city of North Vancouver could become the first city in the world to use bitcoin mining for heating. City-owned Lonsdale Energy Corporation said this month it had struck…
Germany depends on Russia for its gas supply, and the current government must negotiate more supplies with Moscow, the co-chairman of the country's Greens told media, as quoted by…