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Article Archive | Page 690

The Oil Price Crash Could Trigger A Geothermal Energy Boom

Apr 13, 2020 at 14:44

‘Geothermal is America’s untapped energy giant,’ the U.S. Department of Energy said in a report last year, highlighting in its analysis that this kind of…

Offshore Oil Could Soon Be Powered By Wind

Apr 13, 2020 at 14:06

Longer blades, taller towers, more powerful turbines: wind energy seems to be past the peak of innovation now, improving incrementally rather than with breakthrough. And yet none other than an…

EV Sales Crash, But Lithium-Ion Batteries Remain Highly Popular

Apr 13, 2020 at 13:12

A report by market analyst Roskill states that the slowdown in the Chinese EV market during H2-20‌19 and the covid-19 pandemic have had a significant impact on demand projections for…

This Trend Will Reshape Power Generation In The Coming Decades

Apr 13, 2020 at 12:15

The decarbonization of electricity production around the world today may be seen as part of a technological shift. Everyone wants electricity or its immediate benefits like cell phone charging. And…

Is Saudi Arabia Restarting The Oil War?

Apr 13, 2020 at 11:41

Saudi Arabia’s oil giant Aramco has just announced the pricing for its oil for May, with deeper discounts for customers in Asia for the second month in a row, despite Sunday’s…

Trump Wants OPEC+ To Double Its Production Cut

Apr 13, 2020 at 11:16

Shortly after Mexico won a historic "Mexican standoff" with Saudi Arabia on Sunday afternoon, and was exempt from a historic 9.7mmb/d oil production cut by OPEC+ member states (which Mexico…

Goldman Sachs: Don’t Expect Oil Prices To Rise On Historic Oil Deal

Apr 13, 2020 at 10:04

Even though oil producers finally agreed to cut production by nearly 10 million bpd, the deal will fail to support oil prices in the coming weeks as the agreement, albeit…

OPEC+ Agrees To Less Than 10 Million Bpd Cut

Apr 13, 2020 at 09:11

OPEC+ has agreed to remove 9.7 million bpd of oil from the market, OPEC said

Higher Natural Gas Prices Are On The Horizon

Apr 10, 2020 at 15:38

The oil price crash has attracted all the media attention to the dire state of the U.S. crude oil-producing sector with cash-strapped drillers struggling to make any money…

U.S. Oil Storage To Hit Its Limit By Mid-May

Apr 10, 2020 at 15:26

By many accounts, EIA crude oil forecasts appear tame compared to what other independent analysts are predicting, and the deal-no-deal that has so far come out of Thursday’s…

How China Is Capitalizing On The Coronavirus Chaos

Apr 10, 2020 at 15:13

This week is scheduled to see the lockdown of Wuhan - the Chinese city in which the global coronavirus pandemic began – end, following a recent visit to…

Oil Price War Claims Another Victim

Apr 10, 2020 at 15:05

The oil price war has already claimed its first victim. Whiting Petroleum Corp. (NYSE: WLL), once the largest oil and gas producer in North Dakota's Bakken…

Are Flow Batteries The Future Of Energy Storage?

Apr 10, 2020 at 14:47

Rows of huge tanks full of chemical solutions storing energy generated from massive solar and wind farms and powering whole cities: It’s a landscape that millennials might very well equate…

Coronacrisis Is Killing Argentina’s Shale Oil Boom

Apr 10, 2020 at 14:20

Argentina’s Vaca Muerta shale is on life support just weeks after the meltdown in global crude oil prices.  On Thursday, the regional news outlet in the…

Russia Slams Trump’s Space Mining Order

Apr 10, 2020 at 14:11

Russia’s space agency Roscosmos has condemned US President Donald Trump’s order signed this week, which encourages citizens to mine the moon and other…

The Reality Of The End Of Oil

Apr 10, 2020 at 14:03

The Oil Age has powered the world for well over a century. There have been two general schools of thought about how it will ultimately end.

Car Sales Fall To 10-Year Low

Apr 10, 2020 at 13:52

An article in the Financial Times reviews the fortunes of parts makers Infineon (formerly part of Siemens), Continental

Coal Production On The Rise Despite Coronavirus Crisis

Apr 10, 2020 at 13:43

Global coal production is expected to grow only marginally in 2020, from 8.13 billion tonnes in 2019 to 8.17 billion tonnes in 2020, a growth of only 0.5…

Trump Threatens “Very Substantial” Tariffs On Oil Imports

Apr 10, 2020 at 13:37

Just in case you’ve been living under a rock for the past month and a half or you’re quarantining yourself from the news cycle as well as everything…

Oil Prices Crash Towards $20 Despite Historic Cuts

Apr 10, 2020 at 12:54

Investor Alert: As oil prices crash towards $20 on the back of an insufficient production cut agreement, all eyes will be on…

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