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Article Archive | Page 15

Standard Chartered Says Peak Oil Demand Is Not Imminent

Apr 17, 2024 at 17:13

The oil price rally has lately lost some steam, with WTI for May delivery and June Brent futures slipping more than 5% since Friday after the Energy Information Administration (EIA)…

Traders Became More Bullish on Oil As Middle East Risk Surged

Apr 17, 2024 at 12:44

Hedge funds and other portfolio managers began to include a higher risk premium in their oil price trades early this month as tensions in the Middle East spiked. Money managers…

LNG Bunkering Sales Off to a Strong Start in 2024

Apr 17, 2024 at 09:30

Liquefied natural gas (LNG) remains the fuel of choice for lower-carbon shipping, despite the rise in orders for vessels equipped with dual-fuel methanol and ammonia engines, according to…

Zombie Fires Pose Looming Threat to Canada’s Oil and Gas Infrastructure

Apr 17, 2024 at 09:27

As the world heats up, several countries experiencing greater wildfires. Last year, Canada battled record blazes and despite getting them under control, several fires continue to rage out of site.…

Transit Trade Growth Complicates Pollution Problem in Caucasus

Apr 17, 2024 at 09:24

Georgia, Armenia, and Azerbaijan intend to spend millions of dollars in the coming years developing international trade corridors in the South Caucasus. While such investment may boost prosperity,…

China Dominates Global Hydropower Generation

Apr 17, 2024 at 09:22

China is the world’s biggest hydro power producer, having generated an estimated 1,303 terawatt hours of hydropower in 2022, according to data published…

Aluminum Prices Chase 2023 Highs

Apr 17, 2024 at 09:19

Via Metal Miner Overall, the Aluminum Monthly Metals Index (MMI) remained sideways, with a 2.03% rise from March…

EU Sanctions on Russia Face Legal Challenges

Apr 17, 2024 at 09:16

It is fair to say that the European Union's sanctions regime against Russia has had a bit of a wobble in recent weeks, particularly with regard to the…

Europe Moves Forward with Major Hydrogen Projects

Apr 17, 2024 at 09:33

The net-zero carbon hydrogen industry is moving forward from pilot-scale projects of 10-20 MW of electrolysis capacity to large-scale projects of 100-200 MW and larger. While the discrepancy between the…

Oil Moves Down on Crude Inventory Build

Apr 17, 2024 at 09:43

Crude oil prices moved lower today after the Energy Information Administration reported an inventory increase of 2.7 million barrels for the week to April 12. This compared with…

Hedge Funds Dump U.S. Energy Stocks to Buy Crude Options

Apr 17, 2024 at 08:33

Following a rally in energy stocks this year, hedge funds have been selling off U.S. oil company shares to pile into crude oil options, expecting a price rally in oil…

Rising Middle East Risk Sparks Fear of $100 Oil

Apr 16, 2024 at 12:29

Despite Iran’s attack on Israel over the weekend, oil prices dropped on Monday as an Iranian response to the Israeli hit on the Iranian diplomatic mission in…

U.S. Attracts Europe’s Beleaguered Solar Companies

Apr 16, 2024 at 17:51

It’s nearly two years since the United States Congress passed the historic Inflation Reduction Act (IRA), with the country’s solar sector expected to be one of its biggest beneficiaries.  According…

Should We Keep Investing in Oil and Gas? Experts Weigh In

Apr 16, 2024 at 08:30

In recent months, several oil majors have emphasised the need for greater investment in oil and gas. Many fossil fuel companies have increased their oil and gas output in the…

Europe's Love Affair with Electric Cars Wanes as Sales Plunge

Apr 16, 2024 at 08:26

Europe is "returning to petrol", according to a new article from Yahoo Finance which highlighted Volkswagen's EV sales as the canary in the…

Uranium Stocks Poised for Breakout As Nuclear Resurgence Gains Momentum

Apr 16, 2024 at 08:23

The world is finally realizing, after trying to rid itself of nuclear power following the 2011 Fukushima nuclear disaster, that the power of the atom will be the…

Magnesium Battery Breakthrough Could Challenge Lithium-Ion Dominance

Apr 16, 2024 at 08:20

Tohoku University researchers have made a groundbreaking advancement in battery technology, developing a novel cathode material for rechargeable magnesium batteries that enables efficient charging and…

Strike Threatens To Halt Production at Key UK Steel Plant

Apr 16, 2024 at 08:15

Via Metal Miner   Tata Steel workers associated with the Unite Trade Union at Port Talbot recently voted to strike over plans to…

Oil Exports or Carbon Credits: The Global South’s Dilemma

Apr 16, 2024 at 11:24

Earlier this month, the Science Based Targets initiative caused a revolt among its employees when it announced it would allow the use of carbon credits to offset Scope 3…

China Raises Gasoline and Diesel Prices amid Soaring Crude Oil Prices

Apr 16, 2024 at 09:20

China is raising from Wednesday the retail prices of gasoline and diesel to reflect the recent increase in international crude oil prices, the Xinhua news agency 

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