Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
The clean energy sector is trudging through a bearish stretch with high interest rates, low power prices, and uncertainty around U.S. climate policy taking a…
Back in February, three U.S. service members were killed in Jordan, while more than 40 other soldiers were injured following a drone attack on a U.S. military…
U.S. oil refiners are expected to report a significant downturn in Q2 2024 earnings from a year ago, largely thanks to a tepid summer driving…
Renewable energy utility NextEra Energy Inc. (NYSE:NEE) has reported mixed Q2 2024 results and reaffirmed outlook for FY 2024, with revenue of $6.07B (-17.4% Y/Y),…
Russia, Iraq, and Kazakhstan have submitted their compensation plans to the OPEC Secretariat for overproduced crude volumes for the first six months of 2024. According…
A week ago, Kuwait Oil Company (KOC) announced a significant discovery of light oil and associated gas in the offshore Al-Nokhatha field. KOC said that the field,…
The U.S. stock market is enjoying another banner year with five sectors boasting double-digit returns in the year-to-date. The S&P 500 Energy Sector has returned 10.4% YTD,…
Freeport LNG has resumed shipments of liquified natural gas (LNG) two weeks after Beryl hit the Texas coast, with processing on track to reach about half its capacity…
Trans Mountain Corp., Canada's newly expanded Trans Mountain pipeline, is arranging a bond sale to refinance part of its debt ahead of the Canadian government’s eventual sale of…
Gulf Cooperation Council (GCC) economies will grow at a considerably slower clip in the current year due to the ongoing oil production cuts, with Saudi…
Solar companies recorded the highest amount in debt financing in a decade during the first half of 2024, Mercom Capital Group has reported. Solar companies raised…
Turkey has said it is prepared to significantly increase natural gas exports to the European Union, desperate to further wean itself off Russian gas, but…
Russia’s four-week average seaborne oil exports fell to 3.11 million barrels a day as of July 14, down by almost 600,000 barrels or 17% from…
Canadian crude exported from the U.S. Gulf Coast in June clocked in at 1500,000 barrels per day, only slightly lower than average despite the commissioning of the…
China's largest oil refining company, China Petroleum & Chemical Corp., aka Sinopec, processed 126.69 million metric tons of crude oil or 5.08 million barrels per…
It’s been seven decades ever since scientists started working on nuclear fusion technology, with the allure of almost limitless clean energy proving too powerful to…
China-based CPP-Metron Consortium has pulled out of a contract with the government of Cyprus for the construction of what was to be the island’s first…
Unnamed trading sources told Bloomberg on Thursday that loading through August had been canceled for at least 10 cargoes at Freeport LNG’s gas export terminal…
China has long been building inroads into Africa, while the U.S. backs down from the region, leaving a gaping hole in the West’s influence over…
The United States Office of Foreign Assets Control (OFAC) has eased some sanctions on Venezuela but retained sanctions on PdVSA. OFAC has issued a new…