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Article Archive | Page 7

Major Oil Companies Make Moves in Megamerger Frenzy

Feb 16, 2024 at 06:48

Over the last year, several oil and gas majors have undergone high-profile mergers as we enter the era of the megamerger. Big Oil in the U.S. appears to be undergoing…

Three Countries Hold 50% of the World’s Uranium Reserves

Feb 16, 2024 at 06:34

There can be a tendency to believe that uranium deposits are scarce from the critical role it plays in generating nuclear energy, along with all the costs and…

Tajikistan Boosts Electricity Exports to Afghanistan Despite Domestic Rationing

Feb 16, 2024 at 06:44

In a development underscoring the delicate balance between addressing the needs of Tajikistan's domestic population and the government's reliance on stable revenue, the state-owned power company has said…

Solar Panel Waste is Becoming a Big Problem

Feb 16, 2024 at 06:42

Via Metal Miner Numerous factors continue to pull at the Renewables MMI (Monthly Metals Index) as it moves…

Cutting-Edge Experiments Lead to Breakthrough in Superconductor Development

Feb 16, 2024 at 06:38

An international team that includes Rutgers University-New Brunswick scientists has developed a new method to make and manipulate a widely studied class of high-temperature superconductors.…

UK Battery Storage Firms Wrestle with Financial Turmoil

Feb 16, 2024 at 06:36

Developing the UK’s battery storage capacity is crucial to the green transition.  One of the downfalls of renewable energy, such as wind and solar, is that…

U.S. Drillers Pump The Brakes

Feb 16, 2024 at 12:16

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total…

Can Hydrogen Cars Compete With EVs?

Feb 16, 2024 at 06:58

  Hydrogen could be the next big thing in the automotive world. In its pathway to net zero by mid-century, the International Energy Agency projects that hydrogen will account for…

Are OPEC+ Members Ignoring 2024 Production Cuts?

Feb 16, 2024 at 10:08

Oil prices continued their sideways journey, with some bullishness emerging from weak US retail sales swiftly quashed by new escalation in the Middle East, with Israel attacking Rafah and the…

Wind and Solar Growth in China Not Enough to Offset Coal Expansion

Feb 16, 2024 at 09:00

In 2023, China’s economy expanded by 5.3%. This would have been an impressive number worth celebrating for any other country. For China, however, the number was widely seen as…

Traders Cautiously Optimistic About Crude

Feb 16, 2024 at 09:45

Weekly Performance and Overview As the week concludes, West Texas Intermediate (WTI) crude oil is experiencing a modest gain, increasing by approximately 1.35%. This movement reflects the interplay of…

Will OPEC Increase Production?

Feb 16, 2024 at 09:40

Numbers Report – February 16, 2024 In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week…

Exxon Carries on Drilling Off Essequibo Despite Venezuela's Objections

Feb 16, 2024 at 09:38

Politics, Geopolitics & Conflict -Ukraine said this week that it had destroyed a Russian warship off the coast of occupied Crimea, sinking the vessel with navy drones. This comes amid…

Why APA is Underperforming the Sector and Why That May Change

Feb 16, 2024 at 09:30

There are times when I look at the price and performance of a stock as compared to the performance of the underlying company and just scratch my head. That could…

Israel-Hezbollah Tensions Flare Up

Feb 16, 2024 at 09:27

Cross-border missile exchanges between Israel and Lebanon intensified this week, with Hezbollah launching missiles at northern Israel and Israel responding with its own missile barrage on southern Lebanon, both resulting…

Starlink Terminals Are Falling Into the Hands of the Russian Military

Feb 16, 2024 at 06:31

Russian troops in Ukraine increasingly have access to Starlink, the private satellite Internet network owned by Elon Musk that Ukraine's military relies on heavily for battlefield communications. The findings from 

Oil Prices in Limbo as Geopolitical Risks Fail to Offset Bearish Sentiment

Feb 16, 2024 at 06:54

This week, Crude oil prices got stuck between a pessimistic demand outlook from the International Energy Agency and signs that OPEC+ is working hard to reduce supply.

Oil Majors Pursue Projects with $30 per Barrel Breakeven

Feb 15, 2024 at 16:00

The U.S. and global oil and gas sector is currently enjoying a third year of relatively high energy prices with oil demand on a steady growth trajectory. WTI crude has…

Brent Needs To Be $90 or Higher To Reflect Actual Fundamentals

Feb 15, 2024 at 08:06

Oil prices have enjoyed a sustained rally in the current month thanks to bullish demand projections and encouraging oil product inventory draws. Brent briefly touched this year’s high at…

10 Reasons Why the World Can’t Run Without Fossil Fuels

Feb 15, 2024 at 08:02

It is now popular to talk about leaving fossil fuels to prevent climate change. Pretty much the same result occurs if we run short of fossil fuels: We lose fossil…

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