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Energy / Energy-General

World’s Top Oil Trader Sees Oil Demand Peak After 2030

Feb 28, 2024 at 13:53 | Tsvetana Paraskova

A slower pace of the energy transition will push peak oil demand beyond 2030, according to the world’s biggest independent oil trader, Vitol Group.  “Oil demand has a good few…

This Could Be A Gamechanger For Natural Gas In Europe

Feb 28, 2024 at 13:18 | Michael Kern

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…

Oman Increases Its Appeal To China And Iran With Game-Changing Duqm Project

Feb 28, 2024 at 11:19 | Simon Watkins

The long-awaited US$8.5 billion 230,000-barrels per day (bpd) Duqm Refinery Project (DRP) – and its ancillary projects (costing another US$10 billion or so) – were officially inaugurated on 7 February,…

Could “Natural Asset Companies” Transform Environmental Finance?

Feb 28, 2024 at 07:58 | Felicity Bradstock

While governments worldwide are getting behind the green transition, pumping billions in public funds into green energy and clean tech, most investors seem uninterested in protecting the environment unless they…

Ford Halts Shipments of 2024 F-150 Lightning Pickup Trucks

Feb 28, 2024 at 07:57 | ZeroHedge

Automotive News was the first to report Ford Motor Co. halted shipments of all 2024 F-150 Lightning electric pickup trucks for an undisclosed quality control issue just weeks…

Will Trump Roll Back Biden’s Green Initiatives if Elected?

Feb 28, 2024 at 07:38 | Felicity Bradstock

With the U.S. presidential election coming up in November, many are wondering what will happen following three years of green progress if a Republican candidate wins the election. As per…

This Might Be The Fastest Way to Double U.S. Grid Capacity

Feb 27, 2024 at 17:06 | Alex Kimani

The Biden administration has set an ambitious target to generate 80% of the United States’ electricity from renewables by 2030 and 100% carbon-free electricity by 2035. However, the country’s aging…

Meet the Man Using AI To Revive An Oil & Gas Play Supermajors Left For Dead

Feb 27, 2024 at 13:23 | James Stafford

A North American company is gearing up to drill two of the potentially most important wells for a new phase of European energy.Proven oil and gas resources and successful previously…

Oil Rises Ahead of Weekly Inventory Data

Feb 27, 2024 at 11:02 | Tom Kool

Oil prices continue to trade in a very narrow bandwidth with ICE Brent still hovering around the $83 per barrel mark, with traders anticipating potentially impactful US…

Top Oil Traders Amass $60 Billion Equity As Profits Soar To Record Levels

Feb 27, 2024 at 10:42 | Tsvetana Paraskova

The world’s biggest independent oil traders have earned record-high profits in the past two years amid market volatility and a rebound in the demand for energy commodities.   The four…

Warren Buffett Regrets Owning Electric Utilities

Feb 27, 2024 at 09:18 | Leonard Hyman & William Tilles

Every year investors eagerly anticipate the arrival of Warren Buffett’s annual letter to Berkshire Hathaway shareholders. In this year’s letter, after discussing favorite companies like Coke, Apple, and Occidental Petroleum,…

Supply Chain Woes Could Derail Biden’s Electric Vehicle Agenda

Feb 27, 2024 at 09:09 | ZeroHedge

Color us not surprised, but another one of the Biden administration's "visions" for forcing people to own electric vehicles isn't working out exactly as…

Simulated Star Collision Leads to Breakthrough in Nuclear Waste Treatment

Feb 27, 2024 at 08:49 | Brian Westenhaus

Newly released University of Tokyo research reveals a method to more accurately measure, predict and model a key part of the process to make nuclear waste more…

Microwave Energy Could Fix The Biggest Problem Facing EVs

Feb 26, 2024 at 17:38 | Alex Kimani

Last month, large swathes of the United States grappled with sub-zero wind chills whereby freezing air from the Arctic set record-low temperatures leaving scores of people dead, created record-breaking energy…

Iraq’s Endemic Corruption Costs It Another Massive Oil and Gas Opportunity

Feb 26, 2024 at 11:55 | Simon Watkins

There is no practical impediment to Iraq becoming a world-leading exporter of petrochemicals, given its huge oil and gas resources. It holds an estimated 145 billion barrels of proven crude…

Anti-Oil Activists Shift Focus to Insurers

Feb 26, 2024 at 09:07 | Irina Slav

Big Oil and its allegedly exclusive role in bringing about apocalyptic climate change has been the ultimate villain in the eyes of climate activists. Calls for a forceful death of…

Cruise Looks To Relaunch Robotaxi in Texas After San Francisco Controversy

Feb 26, 2024 at 08:40 | ZeroHedge

General Motors Co.'s Cruise autonomous driving unit is preparing to resume robotaxi testing with safety drivers in Houston and Dallas metro areas in the coming weeks, following the…

£2.99 Long Haul Electric Bus Pilot Launched in UK

Feb 26, 2024 at 08:35 | City A.M

A first electric coach service will be launched in England and Wales, as part of a three month trial led by the travel tech firm…

Cybertruck Owners Lash Out at Tesla Over Stainless Steel Rust Problems

Feb 26, 2024 at 08:30 | Metal Miner

Via Metal Miner The world may have come to expect near-perfection from Elon Musk and his products, resulting in the slightest problem with…

Houthi Red Sea Attacks Are Boon for Pirates as Ships Reroute

Feb 25, 2024 at 10:52 | Alex Kimani

Since November, Yemen's Houthi rebels have repeatedly attacked cargo ships passing through the strait of Bab al-Mandab that splits north-east Africa from Yemen on the Arabian Peninsula. The Iran-backed rebels…

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