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Energy / Energy-General

Europe Seeks to End Reliance on Russian Energy

May 29, 2024 at 16:11 | Alex Kimani

Over the past two years, Europe has rapidly distanced itself from Russia’s energy commodities in protest to Russia’s war in Ukraine. The European Union’s embargo on the import of crude…

Oil Production Capacities Could Be OPEC's Next Big Dispute

May 29, 2024 at 08:45 | Tsvetana Paraskova

As OPEC+ members are discussing their production policy for the rest of 2024, the group has also re-opened a debate over each producer's capacity to pump oil. These oil production…

Hess Shareholders Approve $53 Billion Chevron Deal

May 29, 2024 at 07:07 | Julianne Geiger

Hess Corporation's shareholders approved Chevron's $53-billion all-stock acquisition proposal, marking a significant milestone in the merger process. This approval comes despite the ongoing arbitration between ExxonMobil and Chevron…

Is a Tipping Point Approaching for America's Most Prolific Oil Basin

May 29, 2024 at 05:15 | David Messler

Midstream companies are benefiting from the Permian gas problem. The Permian basin has been the driver of growth in shale output for a number of years now, adding about 4-mm…

Ranking the Top Four Battery Storage World Powers

May 29, 2024 at 04:52 | Charles Kennedy

Battery storage installations last year reached 2,400 GWh. That represented a quadrupling of capacity over four years and was a testament to the growing popularity of battery storage as countries…

Are Community Energy Projects More Than Just a Pipe Dream?

May 29, 2024 at 01:47 | City A.M

The SNP doesn’t want to govern the UK. But it might have a big influence on the next government’s policies. With some polls (albeit somewhat questionably) predicting a hung parliament,…

Oil Prices Remain Rangebound Despite Rising Gasoline Demand

May 28, 2024 at 09:35 | Michael Kern

Oil prices have been rangebound for the last four weeks with demand concerns being canceled out by expectations of an OPEC+ production cut extension.

Mega-Batteries Key in the Electrification of Heavy Industry

May 28, 2024 at 06:19 | Irina Slav

Despite declining interest in electric passenger vehicles, some companies are pushing forward with the electrification of a much more challenging segment of the transport industry: heavy machinery. …

Saudi Aramco Aims for Net Zero Emissions Without Cutting Oil Production

May 28, 2024 at 05:06 | Alex Kimani

With the global energy transition picking up steam, hundreds of companies have laid out plans to cut their greenhouse gas emissions with the more ambitious ones pledging to achieve 

The Oil Deal That Represents the West’s Final Chance to Regain Influence in Iraq

May 28, 2024 at 04:59 | Simon Watkins

Ever since the U.S. formally ended its combat mission in Iraq on 9 December 2021, it and its key allies have been looking for a way back into the country.…

Soaring Solar Power Is Creating Challenges for the U.S. Energy Grid

May 27, 2024 at 08:40 | Tsvetana Paraskova

No other energy source has seen more rapid growth in the United States over the past half a decade than solar power. But soaring solar installations have begun to distort…

Did Investors Overreact to National Grid’s Shock Announcement?

May 27, 2024 at 08:13 | Leonard Hyman & William Tilles

National Grid, one of the two surviving listed companies from Thatcher’s privatization of the electricity industry, is a giant firm that owns the electric transmission systems of England and Wales,…

New Battery Tech Could Kill Two Major Decarbonization Challenges With One Stone

May 27, 2024 at 07:34 | Haley Zaremba

While the global clean energy transition is well underway, there are still some unsolved technical hurdles standing between our current energy industry and our ability to meet global climate goals…

The High Cost of Moving Industry Offshore

May 27, 2024 at 07:28 | Gail Tverberg

Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may…

The Start Of De-Dollarization: China's Move Away From The USD

May 24, 2024 at 12:42 | ZeroHedge

Since 2010, the majority of China’s cross-border payments, like those of many countries, had been settled in U.S. dollars (USD). As of the first quarter of 2023, that’s no longer the case.…

China Threatens 25% Car Tariff Against US, EU Moves

May 24, 2024 at 12:28 | ZeroHedge

Beijing is still mulling its expected retaliation in the wake of last week's Biden administration rollout of steep tariff increases on a series of Chinese tech imports,…

The World’s Big Bus Electrification Plan

May 24, 2024 at 11:12 | Felicity Bradstock

Buses could overtake passenger cars when it comes to EV adoption, as countries worldwide race to make their public transport greener to support decarbonisation efforts. In addition, reports have found…

U.S. Leaves The Door Open for Oil Majors to Operate in Venezuela  

May 24, 2024 at 11:00 | Tsvetana Paraskova

The United States appears to be inclined to let international oil companies with existing operations in Venezuela continue pumping crude in the country holding the world’s largest crude oil reserves.…

Russia Has 12% of its Oil Refining Capacity Offline in May

May 24, 2024 at 10:46 | Charles Kennedy

Russia’s primary oil refining capacity that is idled this month is 12% of its total primary refining units, per Reuters estimates on industry sources data. Due to a change…

The War for Profitability Within the Wind Industry

May 24, 2024 at 09:58 | Felicity Bradstock

The wind energy industry has fallen into a rut, as several major companies have been plagued with setbacks due to supply chain and quality control issues. Now, wind energy majors…

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