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Article Archive | Page 9

China's EV Exports Soar Despite Domestic Sales Slowdown

Mar 11, 2024 at 09:21

Just when you thought the EV market couldn't get more saturated or competitive in China, sales have once again slowed and the country's market leader, BYD, is once…

Mined Diamond Industry Faces Turmoil as Lab-Grown Gems Capture Market

Mar 11, 2024 at 09:18

It’s no secret that lab-grown diamonds are disrupting the mined diamond industry, but recent results from international diamond miners suggest the shift may be happening faster than analysts…

Carbon Tariffs to Reshape Aluminum Market Dynamics in the EU

Mar 11, 2024 at 09:15

Via Metal Miner The European aluminum manufacturing industry is under attack from two short- and medium-term threats, both of which have the potential…

Gold Continues To Climb As Fed Hints at Rate Cuts

Mar 11, 2024 at 09:11

Authored by Ven Ram, Bloomberg cross-asset strategist, Gold is still hovering near a nominal record, but the scope for further gains from here may be limited.…

$8 Billion in Alberta Renewable Projects in Jeopardy

Mar 11, 2024 at 11:02

Over $8 billion in investments in renewable energy are now at risk in the wake of a ban on some renewable projects by Canada’s Alberta province, according to a new…

Saudi Aramco Hikes 2023 Dividend To $98 Billion Despite Lower Profit

Mar 11, 2024 at 09:36

Saudi Arabia is receiving record income from its cash cow, the state oil giant Aramco, which raised its total 2023 dividend payment by 30% to nearly $98 billion.     Saudi…

This Could Be A Gamechanger For Natural Gas In Europe

Feb 28, 2024 at 13:18

Supergiants like Exxon are focused on big offshore venues like Guyana and Namibia, leaving behind prime onshore natural gas assets in Europe - a region that is now desperate for…

Declining Demand for EVs Is Weighing on the Nickel Market

Mar 11, 2024 at 09:02

Nickel prices are proving a headache for miners across the world: oversupply of the metal plus low electric vehicle (EV) demand has created a profit-stealing two-year price slide. Anglo American’s…

Gartner Research: EVs Will Be Cheaper To Produce Than ICE Vehicles In 3 Years

Mar 08, 2024 at 15:11

For many years, electric vehicle critics have been pessimistic that EVs will ever go mainstream because they, have argued, will always be more expensive than fossil fuel-powered vehicles. Market…

Oil Industry Consolidation in the Legislative Spotlight

Mar 08, 2024 at 14:52

U.S. oil and gas companies spent a combined $250 billion in mergers and acquisitions last year. More than half of that came from just two megadeals: Exxon's acquisition of…

Offshore Oil & Gas E&P Staging A Comeback

Mar 08, 2024 at 13:51

The oil industry has found its newest exploration hotspot offshore Namibia. The high success rate of drilling and appraisal activity offshore Africa's southwestern coast is spurring Big Oil to boost…

Biofuels Market Booms as Demand Exceeds Pre-Pandemic Levels

Mar 08, 2024 at 09:26

Biofuels are expected to play a major role in the global green transition, helping to power and decarbonise planes, ships and industry. These low-carbon fuels can be used to fill…

Saudi Investments Spark Surge in Central Asian Renewable Development

Mar 08, 2024 at 09:24

When it comes to wind power in Central Asia, companies from the Persian Gulf have taken the lead. This week, Riyadh-based green energy company ACWA Power…

China Holds The Key To 2024 Global Oil Demand Growth

Mar 08, 2024 at 08:53

Despite an increase in China’s crude oil imports in the first two months of 2024, it’s too early to say how the purchases of the world’s top crude importer will…

Global Manufacturing Resurgence Set to Reshape Steel Market

Mar 08, 2024 at 09:21

Via Metal Miner Month-over-month, the index experienced little movement. Overall, the Construction MMI (Monthly Metals Index) moved sideways,…

New Lithium Ion Conductor Redefines Solid-State Battery Design

Mar 08, 2024 at 09:16

University of Liverpool researchers have discovered a solid electrolyte material that rapidly conducts lithium ions. The discovery of new Li ion conductor unlocks a new…

Claudia Sheinbaum Spearheads Revolutionary Solar Initiative in Mexico City

Mar 08, 2024 at 09:06

Mexico City recently launched a major solar project aimed at transforming it into a “solar city” that other cities around the globe could well replicate. The installation of solar panels…

Uzbek Insider Takes Helm of $850 Million Gas Project Amid Sanctions

Mar 08, 2024 at 08:55

Control of an $850 million gas-storage development in Uzbekistan linked to sanctioned Russian tycoon Gennady Timchenko, a close associate of Russian President Vladimir Putin, has been transferred to…

Azerbaijan Accuses France of Double Standards in South Caucasus Conflict

Mar 08, 2024 at 08:35

French President Emmanuel Macron recently caused a kerfuffle over Ukraine, dropping a bombshell suggestion that NATO troops could be deployed in the Russian-Ukrainian war. Over in the South…

Iran's Revolutionary Guards Capture Oil Tanker Amid Sanctions Dispute

Mar 08, 2024 at 08:14

When Iran seized a Marshall Islands-flagged oil tanker last year, Tehran said the transporter had collided with and damaged an Iranian vessel in the Gulf of Oman.

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