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Energy / Energy-General

India Unveils Battery Storage Subsidy Scheme As Part Of Renewable Push

Jun 06, 2023 at 08:49 | Michael Kern

India has unveiled an ambitious initiative to provide 37.6 billion rupees ($455.2 million) in subsidies to stimulate the establishment of battery storage projects. The projects, which are expected to…

Sub-Zero Battery Tech Could Be A Game-Changer For Electric Cars

Jun 06, 2023 at 08:35 | Brian Westenhaus

Argonne National Lab scientists have developed a fluorine containing electrolyte for lithium-ion batteries whose charging performance remains high in frigid regions and seasons. They also…

Emerging Markets Harness The Power Of Saltwater Batteries

Jun 06, 2023 at 08:34 | Oxford Business Group

As emerging markets seek to accelerate their energy transitions by increasing solar and wind power capacity, recent technological advancements that harness the sodium from saltwater could provide a crucial breakthrough…

Decentralized Finance Gains Ground In The GCC

Jun 06, 2023 at 08:27 | Oxford Business Group

As GCC countries look to harness new forms of financial technology (fintech) such as blockchain, deepen their financial services and expand financial inclusion, governments are embracing decentralised finance (DeFi) and…

3 Energy Dividend Stocks To Consider This Summer

Jun 06, 2023 at 08:25 | Alex Kimani

It’s a good time to look at energy stocks again, now that oil prices have rallied in Monday's session after Saudi Arabia pledged big production cuts and OPEC+ extended…

Shell Pulls The Plug On European Retail Energy Arm

Jun 06, 2023 at 08:20 | Michael Kern

Shell has recently confirmed its decision to exit the retail energy markets in the UK, Germany, and the Netherlands due to poor returns.  This move comes as part of…

The 3 Most Exciting Oil And Gas Exploration Plays In South America

Jun 06, 2023 at 08:20 | Matthew Smith

After Exxon’s string of high-quality oil discoveries in offshore Guyana delivered more than 11 billion barrels of oil resources South America started garnering considerable attention from energy investors. …

Saudi Arabia’s Unsuccessful Attempt To Boost Oil Prices

Jun 06, 2023 at 06:41 | Michael Kern

Saudi Arabia's attempt to shock oil markets and push oil prices higher appears to have backfired, with prices falling and Saudi Arabia's market share in Asia now under threat.

Asian Buyers Scramble For Alternative Oil Supplies After Saudi Price Hike

Jun 06, 2023 at 04:19 | Tsvetana Paraskova

Several buyers in Asia are looking to buy spot oil cargoes from Russia, Africa, Brazil, or the United States after the world’s top crude exporter, Saudi Arabia, unexpectedly raised its…

Oil Prices Fall Back After A Short-Lived OPEC+ Rally

Jun 06, 2023 at 01:08 | Irina Slav

This Monday saw what was perhaps one of the shortest oil price rallies following an OPEC+ meeting. The announcement of an additional production cut of around 800,000 bpd by the…

A Unique Way To Play The Coming $700 Billion Electric Vehicle Boom

Jun 05, 2023 at 12:47 | James Stafford

The global electric vehicle market is a crowded space valued at nearly $194 billion in 2022 and set to reach an astounding $694 billion by 2030.  Now it’s time…

Will China’s Oil Demand Disappoint This Year? 

Jun 05, 2023 at 11:23 | Tsvetana Paraskova

China’s economic recovery is sputtering, prompting renewed concerns about crude oil and other commodities demand that could result in slower-than-expected global oil demand growth this year and weigh on oil…

China's Investment Boom Is Fueling Growth In Central Asia

Jun 05, 2023 at 09:17 | Eurasianet

China and Kazakhstan are planning a new rail connection and border crossing in the Bakhty-Ayagoz area, expressing hope that the new route can cut freight transit times. Kazakh President Kassym-Jomart…

China’s Economic Rebound Reshapes Emerging Markets

Jun 05, 2023 at 09:04 | Oxford Business Group

After three years of rolling Covid-19 lockdowns and trade disruptions, China posted faster-than-expected GDP growth in the first quarter of 2023, at 4.5% year-on-year (y-o-y), but the uneven nature of…

Ukraine's Energy Sector Surges Despite Adversities

Jun 05, 2023 at 09:00 | Felicity Bradstock

After worries about surviving the harsh winter months, Ukraine’s energy industry has made it through to the other side. And, contrary to expectations, there is some optimism around the future…

IEA Warns Of Higher Oil Prices After OPEC+ Announcement

Jun 05, 2023 at 08:59 | Michael Kern

Oil prices are now a lot more likely to rise after OPEC+ extended the cuts into 2024 and Saudi Arabia announced an additional reduction of 1 million bpd for July,…

Oil Prices Climb As Saudi Arabia Goes It Alone With Additional Cut

Jun 05, 2023 at 00:40 | Irina Slav

Crude oil prices rose by more than 1% in early trade today following the OPEC+ meeting that took place Sunday. At that meeting, Saudi Arabia said it would voluntarily cut…

ExxonMobil: New Fracking Technology Can Double Oil Output

Jun 02, 2023 at 12:56 | Alex Kimani

The U.S. shale revolution dramatically reshaped the world energy markets. The shale boom was one of the most impressive growth stories, from take off in 2008 to the…

Oil Prices Climb As U.S. Rig Count Sees Another Double-Digit Decline

Jun 02, 2023 at 12:26 | Julianne Geiger

The total number of total active drilling rigs in the United States fell by 15 this week, according to new data from Baker Hughes published Friday, falling by 52 over…

IEA: Renewables Installations In 2023 Soar To Levels We’ve Never Seen

Jun 02, 2023 at 11:34 | Tsvetana Paraskova

The energy crisis in Europe, the Inflation Reduction Act in the United States, and the continued strong expansion of green energy installations in China are all expected to contribute to…

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