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France May Take Action To Curb Oil Refiner's Profits

France May Take Action To Curb Oil Refiner's Profits

France has "questions" about refining…

News

JPMorgan Analyst Sees Energy Supercycle With Oil As High As $150

JPMorgan Analyst Sees Energy Supercycle With Oil As High As $150

Sep 22, 2023 at 16:48 | Julianne Geiger

JPMorgan’s head of EMEA energy equity research, Christyan Malek, warned markets on Friday that the recent Brent price surge could continue upwards to $150 per barrel by 2026, according to…

Russia Slashes Export Price For Natural Gas For 2024 And Beyond

Russia Slashes Export Price For Natural Gas For 2024 And Beyond

Sep 22, 2023 at 15:08 | Julianne Geiger

Russia has made a downward revision to its forecast for natural gas exports for 2024-2026, data from Russia’s economy ministry showed on Friday. According to the Economy Ministry, Russia is…

Study Says Metals Mining Exposed Millions Of People To Toxic Waste

Study Says Metals Mining Exposed Millions Of People To Toxic Waste

Sep 22, 2023 at 10:09 | Charles Kennedy

The beginning of the supply chain of the transition to green energy is not green at all, or rather, it is green with potentially dangerous concentrations of toxic waste. That’s…

World-First ChatNetZero Climate Action Bot Launched

World-First ChatNetZero Climate Action Bot Launched

Sep 22, 2023 at 09:28 | Charles Kennedy

The ChatNetZero bot, the world’s first data-driven chat bot tracking the net-zero pledges of companies and governments, was launched on Friday by a group of technology start-ups and…

Nigeria Secures $13 Billion In Investment Pledges From Big Oil

Nigeria Secures $13 Billion In Investment Pledges From Big Oil

Sep 22, 2023 at 07:56 | Tsvetana Paraskova

Nigeria has secured a total of $13 billion in investment commitments in its oil and gas sector from major international energy companies, including ExxonMobil, Shell,…

China Says Fossil Fuel Phase-Out Is Unrealistic

China Says Fossil Fuel Phase-Out Is Unrealistic

Sep 22, 2023 at 07:07 | Tsvetana Paraskova

Phasing out fossil fuels is unrealistic as oil, natural gas, and coal will continue to play a crucial role in global energy supply and energy security, China’s special…

Europe’s Natural Gas Prices Fall After Australian LNG Strikes End

Europe’s Natural Gas Prices Fall After Australian LNG Strikes End

Sep 22, 2023 at 05:39 | Tsvetana Paraskova

The benchmark natural gas prices in Europe and the UK dropped early on Friday after Chevron and trade unions settled a labor dispute which led to the unions…

Tesla May Build Battery Factory In India

Tesla May Build Battery Factory In India

Sep 22, 2023 at 03:19 | Charles Kennedy

Tesla has plans to build and market battery storage in India and has applied for government subsidies, Reuters has reported, citing unnamed sources close to…

Judge Orders White House To Expand Gulf Oil Lease Sale

Judge Orders White House To Expand Gulf Oil Lease Sale

Sep 22, 2023 at 02:35 | Charles Kennedy

A federal judge has ordered the Department of the Interior to expand the area to be offered for oil and gas leasing in the Gulf of Mexico later…

Chevron LNG Workers End Strike

Chevron LNG Workers End Strike

Sep 22, 2023 at 00:57 | Irina Slav

The Offshore Alliance trade union has called off a strike at two Chevron LNG projects in Australia after the country’s labor market regulator mediated a settlement between the…

Morgan Stanley Says All Oil Signals Flashing Tightness

Morgan Stanley Says All Oil Signals Flashing Tightness

Sep 21, 2023 at 16:50 | Julianne Geiger

The price for Brent has risen, Morgan Stanley said in a note on Thursday, and all signals for crude oil are “flashing tightness,” with prices being supported at current levels.…

Hedge Funds Are Sold On $100 Oil

Hedge Funds Are Sold On $100 Oil

Sep 21, 2023 at 15:13 | Alex Kimani

Money managers are placing the most bullish wagers in more than a year,  with many betting that oil prices will soon pass $100 a barrel following a powerful…

Germany Makes New Energy Savings Measures Mandatory

Germany Makes New Energy Savings Measures Mandatory

Sep 21, 2023 at 13:28 | Julianne Geiger

Germany passed on Thursday a bill that would make energy savings measures mandatory across all economic sectors, according to media. The new law, called The Energy Efficiency Act, would regulate…

Chevron Agrees To Terms That Could End Strike At LNG Facilities

Chevron Agrees To Terms That Could End Strike At LNG Facilities

Sep 21, 2023 at 12:21 | Julianne Geiger

Chevron has agreed to the terms and recommendations made by Australia's Fair Work Commission in a move that could end the strikes at Australia's LNG facilities. "After considering the recommendation,…

Researchers Break Barriers In Efficient Low-Temperature Energy Conversion

Researchers Break Barriers In Efficient Low-Temperature Energy Conversion

Sep 21, 2023 at 09:33 | Brian Westenhaus

Ulsan National Institute of Science and Technology (UNIST) research team has achieved significant breakthroughs in harnessing low-grade heat sources (<100° C) for efficient energy conversion.

Subtropical Depression Threatens Northeastern U.S. This Weekend

Subtropical Depression Threatens Northeastern U.S. This Weekend

Sep 21, 2023 at 09:02 | ZeroHedge

As Hurricane Nigel churns in the Atlantic Ocean, weather forecasters are closely watching the possibility of a subtropical depression or storm forming off the Southeast coast later this week and…

Iraq Discusses Natural Gas Investments With U.S. Firms

Iraq Discusses Natural Gas Investments With U.S. Firms

Sep 21, 2023 at 08:43 | Charles Kennedy

Iraq’s Prime Minister Mohammed Shiaa al-Sudani is meeting this week in New York with representatives of dozens of U.S. energy companies to pitch potential investments in the Iraqi…

Europe’s Natural Gas Prices Dip As Supply Concerns Ease

Europe’s Natural Gas Prices Dip As Supply Concerns Ease

Sep 21, 2023 at 08:02 | Tsvetana Paraskova

Europe’s benchmark natural gas prices fell on Thursday as signs emerged that supply risks from Australia and Norway have eased. The front-month futures at the Dutch TTF hub,…

Canada To Start Partial Sale Of Trans Mountain Oil Pipeline

Canada To Start Partial Sale Of Trans Mountain Oil Pipeline

Sep 21, 2023 at 07:26 | Tsvetana Paraskova

The Canadian federal government expects to start the sale process for the Trans Mountain oil pipeline next week with a meeting with indigenous groups interested in buying a…

Exxon Eyes $16 Billion In Profits From Its Fuel And Chemicals Businesses By 2027

Exxon Eyes $16 Billion In Profits From Its Fuel And Chemicals Businesses By 2027

Sep 21, 2023 at 03:40 | Charles Kennedy

Exxon expects to generate some $16 billion in profits from its fuels and chemicals businesses in 2027, company executives told media. "Toward the end of this decade we…

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