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The SPR Refill Could Start This Year

Article Archive | Page 2

Is It Time To Refill The Strategic Petroleum Reserve?

Mar 27, 2023 at 09:28

There is a narrative that I hear from time to time that President Biden made billions of dollars for the country by selling oil from the Strategic Petroleum…

EU Members Clash Over Nuclear Energy’s Role In Climate Policy

Mar 27, 2023 at 09:23

The European Union needs to work on a divide among its member countries regarding the role of nuclear energy in achieving their renewable energy goals. This disagreement may delay the…

WTI Breaks $70 As Kurdistan Halts Oil Exports

Mar 27, 2023 at 09:44

Oil prices rose by 2% early on Monday, with the U.S. benchmark up above $70 a barrel again, driven up by a halt to Kurdistan’s 400,000-bpd of crude exports and…

The Impact Of Misinformation On Wind Energy Development

Mar 24, 2023 at 10:59

As green energy projects are being rolled out worldwide, and political policies are catching up to climate targets, one thing that’s lagging behind is community support. Increasing renewable energy capacity…

Russia’s Seaborne Oil Exports Hold Above 3 Million Bpd Despite Output Cut

Mar 27, 2023 at 07:37

Russia’s crude oil exports by sea have held above the 3 million barrels per day (bpd) mark in the past six weeks, after the EU ban on fuel imports from…

Saudi Aramco To Build $10 Billion Refinery And Petrochemical Complex In China

Mar 27, 2023 at 01:59

Saudi Aramco plans to build a $10-billion refining and petrochemical complex in China over the next three years, taking advantage of the country’s growing demand for energy. The complex will…

Banking Crisis Has Triggered Capital Flight From Oil To Gold

Mar 24, 2023 at 11:27

The sudden collapse of Silicon Valley Bank has sent shockwaves through the entire financial sector and marked the biggest bank failure since the 2008 financial crisis. Being the only publicly traded…

Why Japan Isn’t Tapping It's Incredible Geothermal Potential

Mar 24, 2023 at 11:15

Japan, a large energy importer where coal and gas make up two-thirds of electricity generation, has one abundant domestic renewable energy source that has remained untapped—geothermal energy.   Geothermal resources in…

Can The U.S. Really Achieve 100% Clean Electricity By 2035?

Mar 24, 2023 at 11:12

The U.S. Department of Energy (DoE) has just launched a new department-wide initiative to drive the public and private sectors’ engagement with clean energy technology. This follows commitments made in…

Why Moscow Is Racing To Modernize Its Missile Defense System

Mar 24, 2023 at 12:19

On March 22, Russian Minister of Defense Sergei Shoigu declared that Russia will complete the modernization of the missile defense system around Moscow by the end of 2023.…

Scientists Find New Way To Make Hydrogen Directly From Seawater

Mar 24, 2023 at 11:08

RMIT University researchers have developed a cheaper and more energy-efficient way to make hydrogen directly from seawater. In a critical step towards a truly viable green…

African Oil And Gas Popular In Europe After Phaseout Of Russian Energy

Mar 24, 2023 at 11:07

During a visit to Algeria earlier this month, the European Union's foreign policy chief, Josep Borrell, called for closer energy cooperation between the…

New Conversion Method Turns Plastic Into Fuel

Mar 24, 2023 at 11:05

Pacific Northwest National Laboratory announced a new method to convert waste plastic to fuel and raw materials that promises to help close the carbon cycle at mild…

Ammonia Security Risks Could Harm Energy Transition Plans

Mar 24, 2023 at 11:04

With the recent publication of the IPCC report warning of the devastating effects of global warming and the need for action, the push for energy transition away from hydrocarbons faces…

Russia’s Nuclear Industry Continues To Rake In Export Revenue

Mar 24, 2023 at 11:02

When Russia invaded Ukraine in February of last year, President Vladimir Putin counted on the fact that imposing meaningful economic sanctions on his country would be no easy feat. Putin’s…

Carbon Capture Technology And Its Growing Role in Decarbonisation

Mar 24, 2023 at 11:02

With a greater number of climate policies coming into place worldwide, from the Biden Administration’s IRA to the European Union’s New Green Deal, companies are feeling mounting pressure…

Standard Chartered: Oil Prices Likely To Head Higher

Mar 24, 2023 at 10:44

After a major decline that saw oil prices fall to multi-year lows, oil markets appear to have bottomed out and begun an encouraging ascent higher. Over the past…

Real-Time Data Could Be Key In Achieving Net Zero Targets

Mar 24, 2023 at 11:38

Companies are famous for their animal imagery. We’re all familiar with unicorn businesses; elusive, mythical, technological creatures valued at over $1bn. Then there are “zebra” organisations, defined by their combination…

Elon Musk Responds To Worries Over Altitude Changes In Starlink Satellites

Mar 24, 2023 at 11:11

Elon Musk's SpaceX recently launched the first batch of its next-generation Starlink internet satellites that already appear to be in trouble.  In a Wednesday tweet, Musk…

Is A Global Tin Shortage Looming?

Mar 24, 2023 at 11:27

Via AG Metal Miner Cornish Metals plans to begin tin mining at its wholly-owned South Crofty site by 2026. According to the Vancouver-headquartered…

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