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Article Archive | Page 8

The U.S. Power Grid Is At Risk Of Catastrophic Failure

Sep 03, 2021 at 14:32

Future electricity systems must be made more resilientProlonged blackouts in Louisiana following Hurricane Ida are a reminder the power grid needs to become more

Climate Czar Kerry Fails To Clinch Climate Deal With China

Sep 03, 2021 at 14:31

China and the US have failed to reach a climate agreement after Biden's climate envoy John Kerry pushed Beijing to make more public pledges before a UN climate summit…

Car Sales Slump As Chip Shortage Continues

Sep 03, 2021 at 14:13

The Automotive Monthly Metals Index (MMI) fell by 1.4% for August’s MMI reading.

Is It Possible To Eliminate Greenwashing?

Sep 03, 2021 at 14:07

An initiative that encourages companies to meet science-based emissions targets has seen significant growth in recent months. The success of the Science-Based Targets Initiative (SBTi) has highlighted the…

Oil Remains Elevated After Hurricane Ida Hurts Supply

Sep 03, 2021 at 10:56

A disappointing U.S. Non-Farm Payrolls report brought oil prices down slightly on Friday morning, but the supply destruction caused by Hurricane Ida looks set to keep prices elevated over the…

U.S. Oil Rigs See Sharpest One-Week Decline In Over A Year

Sep 03, 2021 at 12:13

The number of oil and gas rigs in the United States fell by 11 this week, according to Baker Hughes—after rising by 5 last week. The total rig count is…

Apple Plans To Launch ''Mass Market'' Car In 2024

Sep 03, 2021 at 09:48

For years, the rumors of Apple developing a mass market car were just that: rumors. But now it is starting to feel as though we are getting closer to the…

Fed Taper Delay Could Directly Benefit Oil Prices

Sep 03, 2021 at 10:06

After breaking the WTI $70 resistance level Thursday with 2.8% gains for both key benchmarks, prices have since slid, but with a weaker-than-expected jobs report, the Fed…

Iran Wants To Boost Oil Exports, Nuclear Deal Or Not

Sep 03, 2021 at 09:12

Iran plans to ramp up its crude oil exports even though negotiations with the United States on its nuclear deal are currently paused. "Good things will happen regarding Iran's oil…

India’s ONGC May Buy Stake In Rosneft’s Massive Arctic Oil Project

Sep 03, 2021 at 09:01

A consortium of Indian energy companies—including state major ONGC—is in early talks with Rosneft for the acquisition of a stake in the Russian state company’s massive Vostok oil project, the…

Gulf Of Mexico Shut-In Production Rises To 1.7 Million Bpd

Sep 03, 2021 at 08:41

The amount of shut-in oil production in the Gulf of Mexico rose by 240,000 bpd between Wednesday and Thursday, to over 1.7 million bpd, the Bureau of Safety and Environmental…

China Is Hoarding Crude Again, And That’s Great News For Oil Prices

Sep 02, 2021 at 15:41

After recording the worst monthly loss this year in August, the oil markets have kicked off trading in September on a much brighter note on a trifecta of…

Natural Gas Prices Are Soaring Despite U.S. Production Records

Sep 02, 2021 at 15:11

The benchmark U.S. natural gas price has nearly doubled over the past year. The front-month Henry Hub contract jumped from $2.406 per million…

Could The Emissions Market Outgrow The Oil Market?

Sep 02, 2021 at 14:57

In July this year, a group of asset managers with $6 trillion in assets under management called for a global price on carbon…

Extreme Weather Events Are Hurting Hydropower

Sep 02, 2021 at 16:03

When Brazil’s Mines and Energy Minister appeared on TV earlier this week to plead with citizens to reduce their energy consumption due to a drought-induced hydropower crisis, he…

Biden Could Give Rare Earth Miners A Major Boost

Sep 02, 2021 at 14:45

A global shortage in semiconductor chips has been wreaking havoc on diverse sectors, including the tech, automotive, consumer electronics industries, and everything in between. After years of tepid…

A New Geopolitical Conflict Is Looming Over The Arctic

Sep 02, 2021 at 11:39

The Arctic has been the source of geopolitical conflict and territorial disputes for centuries. From walrus ivory and seal skins starting in the…

Will Peru’s Crisis-Torn Oil Industry Ever Recover?

Sep 02, 2021 at 11:23

Peru’s oil industry has been under considerable pressure for some time. A combination of long-running political turmoil, community dissent and the pandemic are weighing heavily on

Is Blue Hydrogen The Key To Reaching ESG Goals?

Sep 02, 2021 at 11:17

In the previous article, I discussed the growing importance of Environmental, Social, and Corporate Governance (ESG) for companies. Perhaps no industry has a…

WTI Oil Jumps Above $70 On Bullish U.S. Demand Data

Sep 02, 2021 at 10:58

Oil prices rose by more than 2 percent early on Thursday, with WTI Crude trading above $70 a barrel for the first time in a month, driven by bullish U.S.…

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