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Article Archive | Page 3

Ukraine Looks to Turn the Tide Against Russia with Fresh U.S. Aid

Apr 23, 2024 at 09:36

The impending $60 billion aid package for Ukrainian in the United States is not coming a moment too soon. The situation on the front has been so dire…

IMF Praises UK's Digital Infrastructure for AI Readiness

Apr 23, 2024 at 09:34

The UK economy is uniquely positioned to benefit from the roll out of artificial intelligence. Politicians on all sides should be championing policies that help secure these benefits…

Why Biden is Unlikely to Enforce the New Iran Oil Sanctions

Apr 23, 2024 at 09:03

Over the weekend, as part of the $95 billion package providing funding for aiding Ukraine, Israel and Taiwan which passed by a vote of 360-58 on Saturday, the…

Tesla Investors Brace for Worst Financial Report in 7 Years

Apr 23, 2024 at 09:19

Tesla is slated to report earnings today and, as FT notes, investors are bracing for the "worst results in 7 years" from the…

Oil Takes a Breather as Geopolitical Risk Eases

Apr 23, 2024 at 09:44

WTI crude hangs above $80 per barrel as geopolitical risks have eased somewhat, but haven't disappeared altogether.

Bitcoin Mining and Population Growth Are Pushing the Texas Grid to the Brink

Apr 23, 2024 at 09:00

The Texas energy grid faced its first high-heat litmus test of the year this month as warming April temperatures placed an early strain on utilities. Earlier this month,…

Namibia Racks Up Another Major Offshore Oil Discovery

Apr 22, 2024 at 18:04

Shares of Portuguese integrated energy operator Galp Energia (OTCPK:GLPEF) (OTCPK:GLPEY) have popped more than 20% in Monday’s early trading session after the company announced that the first phase of its exploration…

Big Oil May Not Support All Trump 2.0 Policies

Apr 22, 2024 at 15:28

Since day one of President Joe Biden's term in office, the U.S. oil and gas industry has been criticizing his energy policies, saying that these undermine America's energy and national…

Suriname’s Resource Boom is Back on Track With First Oil Targeted for 2028

Apr 22, 2024 at 09:31

Former Dutch colony Suriname shares the offshore Guyana Suriname Basin with the former British colony of Guyana, which is reaping a massive economic windfall from one of South America’s…

Tech Leaders Big Big On Green Energy Startups

Apr 22, 2024 at 09:27

Sam Altman and venture capital firm Andreessen Horowitz are betting on solar power and energy storage that can supply a low-carbon future to artificial intelligence data centers. Altman,…

Armenia and Azerbaijan Engulfed in Legal Disputes at the Hague

Apr 22, 2024 at 09:24

Armenia and Azerbaijan are engaged in a convoluted peace process in the Caucasus. But they are still tangled in a bitter fight in The Hague. Over…

How Long Will the Gold Rally Last?

Apr 22, 2024 at 09:22

Via Metal Miner Month-on-month, the Global Precious Metals MMI (Monthly Metals Index) rose by 8.25%. However, shortly after…

Could the Conflict Between Iran and Israel Turn Nuclear?

Apr 22, 2024 at 09:19

If Iran decides to respond to a suspected Israeli strike on its territory on April 19, it might not have to pull its punches like it did the…

What’s The Next Move In The Israel-Iran Standoff And What Will Oil Do?

Apr 22, 2024 at 09:55

There is always the possibility that Israel now does “take the win” as U.S. President Joe Biden advised Israeli Prime Minister, Benjamin Netanyahu, albeit before Israel launched missile and drone…

Weak Diesel Prices Reflect Global Economic Slowdown

Apr 22, 2024 at 09:25

Back in September last year, Bloomberg reported that refineries around the world were struggling to keep up with demand for diesel fuel. That imbalance led to soaring diesel prices,…

Is a Full-Blown Trade War Between the U.S. and China Looming?

Apr 22, 2024 at 09:17

By John Liu, Zhu Lin and Abhishek Vishnoi, Bloomberg Markets Live reporters and strategists China’s most promising industries are facing a growing threat of trade restrictions from Western…

Saudi Aramco Eyes Stake in Chinese Petrochemical Firm

Apr 22, 2024 at 08:58

Saudi oil giant Aramco is proceeding with plans to boost its downstream presence in its most important export market, China, with discussions to buy a minority stake in a Chinese…

Why Shell Has Soured on The London Stock Exchange

Apr 19, 2024 at 15:31

A couple of days ago, we reported that scores of beleaguered solar companies in Europe are fleeing the continent amid intense competition from China and setting up shop in…

Carbon Price Crash Threatens EU Transition Funds

Apr 19, 2024 at 10:30

The price of carbon dioxide on the European Union’s emissions trading markets, ETS, has taken a bad tumble. On the face of it, this is good news—it means industries covered…

Global Climate Goals Still Unreachable Despite Record Renewable Growth

Apr 19, 2024 at 10:15

Renewable energy installations reached record highs in 2023, growing at their fastest pace in decades. 510 gigawatts (GW) of renewable energy were added worldwide, representing a 50% increase from 2022,…

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