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Energy / Energy-General

Carbon-Eating Bacteria May Hold The Key To Decarbonization

May 02, 2024 at 15:18 | Tsvetana Paraskova

A U.S.-based biotechnology firm is using carbon-eating bacteria to turn emissions from steel mills, refineries, and other heavily polluting industrial processes into ethanol and chemicals, helping reduce carbon emissions and…

Aramco Leads Oil Industry Investment in AI

May 02, 2024 at 12:13 | Irina Slav

Saudi Aramco is the biggest investor in artificial intelligence in the oil industry. The fact was recently revealed in a report by GlobalData, which also showed the Saudi state…

Cash-flush Oil Industry Has Less Appetite For Debt

May 02, 2024 at 11:08 | Irina Slav

Last year, profits in the oil industry were noticeably lower than in the previous year. Pretty much everyone in oil and gas booked a decline in the bottom line…

Fossil Fuel Companies Face Mounting Legal Challenges

May 02, 2024 at 08:59 | Felicity Bradstock

A wide range of organisations and communities are battling against oil majors and winning, as governments worldwide start putting the environment first. In the last few years, the number of…

Clean Energy Sector Ignoring Growing Cybersecurity Threat, Experts Warn

May 02, 2024 at 08:57 | Haley Zaremba

The looming threat of cyberattacks from China is intensifying in the United States. Already, incidences of attacks from Chinese spy agencies are increasing in the West, and Beijing…

Plasma Physicists Use Magnetic Imperfections to Enhance Fusion Reaction

May 02, 2024 at 08:50 | Brian Westenhaus

Princeton Plasma Physics Laboratory (PPPL) idea follows the Japanese art of kintsugi, an artist takes the broken shards of a bowl and fuses them back together with…

UAE Quietly Boosts Oil Production Capacity Ahead of OPEC Meeting

May 02, 2024 at 08:11 | Julianne Geiger

The United Arab Emirates state-owned oil company, Adnoc, has updated its maximum crude oil production capacity figure—and without much fanfare. ADNOC has quietly updated the figure on its 

Will Big Oil See Better Earnings In Q2?

May 01, 2024 at 15:26 | Alex Kimani

We are nearly halfway through the earnings season, with 46% of S&P 500 companies having returned their first quarter scorecards. According to FactSet data, 77% of S&P 500 companies…

The Cold Hard Truth About Renewable Energy Adoption

May 01, 2024 at 09:41 | Haley Zaremba

The future of the global energy sector is caught up in a messy and misleading ideological debate. Depending on which politically informed echo chamber one inevitably finds themself confined to…

Breakthrough in Magnet Modeling Paves Way for Sustainable Energy Applications

May 01, 2024 at 09:31 | Brian Westenhaus

National Institute for Materials Science, Japan scientists have succeeded in simulating the magnetization reversal of Nd-Fe-B (neodymium iron boron) magnets. The simulation was made possible…

Russian Uranium Import Ban Sends Shockwaves Through Energy Markets

May 01, 2024 at 09:17 | ZeroHedge

With shares of CCJ tumbling earlier today after the company reported soggy Q1 earnings, despite its recent initiating coverage report by an enthusiastic Goldman Sachs which sees the…

WTI Finds Support After Sell Off Suddenly Halts

Apr 30, 2024 at 10:44 | Tom Kool

WTI crude found resistance at $81 per barrel this morning, countering a sell-off as traders discount geopolitical risk.

Biden Aims to Bridge the Decarbonization Divide With $7 Billion Solar Initiative

Apr 30, 2024 at 10:03 | Haley Zaremba

On a global level, rich nations have a greater capacity to transition toward clean technologies and leave cheap and abundant fossil fuels in the ground. Nevertheless, the richest countries are…

Lithium Faces Challenge From Sodium Batteries

Apr 30, 2024 at 09:30 | Irina Slav

The race is still on for the best battery, with challengers to lithium-ion technology abounding. Not all of these are made equal, and it’s questionable if any would be able…

Fresh EU Sanctions on Russian Gas Could Trigger a Price Rally

Apr 30, 2024 at 08:58 | Alex Kimani

Natural gas markets have kicked off the new week on a bullish note, with Henry Hub gas prices jumping 26.4% to $2.03/MMBtu while natural gas futures are up 5.5%…

Battery Storage Is the No. 1 Energy Investment Playground

Apr 29, 2024 at 09:44 | Alex Kimani

Battery storage was the fastest-growing energy technology in the power sector in 2023, with deployment more than doubling year-on-year, the International Energy Agency (IEA) has revealed.  Strong growth…

The UK Emerges as a Leading Financial Center for Sustainable Investment

Apr 29, 2024 at 09:22 | City A.M

With an enabling regulatory environment, a world-class legal system, multifarious global connections and access to incredible talent and skills, the Square Mile is perfectly placed to help the…

Tesla Partners with Baidu for Full Self-Driving Rollout in China

Apr 29, 2024 at 09:14 | ZeroHedge

Tesla shares jumped in premarket trading in New York after Bloomberg reported that Beijing had given Tesla the 'greenlight' to roll out its…

Saudi Aramco Seeks Investment Opportunities in New Energies Abroad

Apr 29, 2024 at 09:02 | Charles Kennedy

Saudi Aramco is currently eyeing potential investments in new energies outside Saudi Arabia, the state oil giant’s chief executive officer Amin Nasser said on Monday. Aramco’s top executive was…

U.S. Drilling Activity Slips

Apr 26, 2024 at 12:15 | Julianne Geiger

The total number of active drilling rigs for oil and gas in the United States fell this week, according to new data that Baker Hughes published on Friday. The total…

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