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Will Biden’s $1 Trillion Infrastructure Bet Pay Off?

Will Biden’s $1 Trillion Infrastructure Bet Pay Off?

President Biden’s $1 trillion infrastructure…

Energy / Energy-General

Exxon Employees Won't See Big Pay Raise Despite Jump In Profits

Dec 06, 2021 at 11:32 | ZeroHedge

Despite the company's good year so far, Exxon's coming pay raises for employees will come in below inflation, new reports suggest.  Salaries are going to rise about 3.6% for employees…

Mild Weather Drives Gas Prices Down In Europe

Dec 06, 2021 at 11:03 | Tsvetana Paraskova

The benchmark natural gas prices in Europe continued to fall on Monday, for a third trading day in a row, as forecasts of milder weather this week and sufficient LNG…

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The Lithium Tech That May Send The EV Boom Into Overdrive

Dec 05, 2021 at 20:13 | Charles Kennedy

The electric revolution is the biggest change the auto industry has seen since Ford invented the assembly line in 1913.…

The Oil Price Crash Has Taught U.S. Shale A Valuable Lesson

Dec 03, 2021 at 16:22 | Tsvetana Paraskova

The massive oil price correction in November 2021, which turned out to be the worst month for crude since March 2020, came just as U.S. oil producers were…

Natural Gas Bulls Hit Hard By Warm Weather Reports

Dec 03, 2021 at 16:21 | ZeroHedge

U.S. natural gas futures were down for the fourth session on Thursday, quickly tumbling into a bear market as bullish bets evaporate on mild weather. Sentiment in U.S.…

Can Biomass Burning Really Replace Fossil Fuels?

Dec 03, 2021 at 16:15 | Felicity Bradstock

As state governments and oil majors begin shifting their energy strategies to align with net-zero carbon emissions pledges and the earlier adoption of largescale renewable energy projects, not…

China Merges Mining Assets To Create Rare Earth Mining Giant

Dec 03, 2021 at 16:13 | ZeroHedge

Now that aggressive foreign policy toward China has attracted bipartisan consensus, evidenced by the fact that President Biden has opted to keep certain tariffs imposed by the Trump Administration in…

Florida Startup Offers Solution To Decades-Old Pipeline Puzzle

Dec 03, 2021 at 16:09 | Eurasianet

A new Florida-based startup hopes it has devised a solution to the decades-old puzzle of how to transport natural gas from Turkmenistan's enormous reserves across the Caspian to…

Russia’s Push To Mine Arctic Metals Is Fueled By Nuclear Power

Dec 03, 2021 at 16:09 | Irina Slav

When news first broke a few years ago that Russia's state nuclear energy company was working on a floating nuclear power plant, some took it as a joke.…

OPEC+ Confidence And Caveats Calm A Crazed Oil Market

Dec 03, 2021 at 12:28 | Michael Kern

OPEC+ managed to stabilize oil prices after what had been an incredibly volatile week, with the cartel adding plenty of caveats to its decision to stick to its plan vis-a-vis…

Big Oil Is Fighting For Clean Fossil Fuels

Dec 02, 2021 at 16:03 | Felicity Bradstock

Several international oil supermajors are planning to boost production while also promising to decrease their greenhouse gas emissions over the next decade and beyond. This seemingly counterintuitive strategy…

Omicron Doom And Gloom May Not Be Justified

Dec 02, 2021 at 15:23 | Alex Kimani

They say once bitten, twice shy. Last year, global oil traders were left shell-shocked after oil prices sunk into negative territory for the first time in history, a…

Republican States Could Pull $600B From Anti-Fossil Fuel Banks

Dec 02, 2021 at 14:58 | Tsvetana Paraskova

A coalition of 15 Republican State Treasurers, Auditors, and Comptrollers of states representing over $600 billion in public assets – have recently said their states could potentially reduce future business…

Could Suriname Become The Next Oil Hotspot In Latin America?

Dec 02, 2021 at 12:48 | Matthew Smith

The deeply impoverished South American country of Suriname, which has been sharply impacted by the COVID-19 pandemic, is hoping to replicate the hydrocarbon success being enjoyed by

What Will Happen To Oil And Gas Workers After The Energy Transition?

Dec 02, 2021 at 12:01 | Felicity Bradstock

The Covid-19 pandemic led to hundreds of thousands of job losses in the global energy sector following months of restrictions that hindered people from getting to work and…

Family Firm Turns Frac Sand Bags Into Fashion Items

Dec 02, 2021 at 10:08 | Irina Slav

A family firm in Argentina is turning frac sandbags used in the Vaca Muerta shale play into shoes, handbags, and purses, Reuters has reported. The company, aptly named Fracking…

IEA Head: Gas Producers Are To Blame For Energy Crisis In Europe

Dec 01, 2021 at 16:35 | Irina Slav

“The deliberate policies of energy producers” are to blame for the soaring gas and electricity prices in Europe, the head of the International Energy Agency said at an industry event…

Goldman Sachs: Oil Market Reaction To Omicron Is Excessive

Dec 01, 2021 at 15:57 | Tsvetana Paraskova

The plunge in oil prices in recent days was excessive, and traders “far overshot” the potential impact of the Omicron Covid variant on global oil demand, pricing in a massive…

U.S. Shale Industry To Spend $83 Billion In 2022

Dec 01, 2021 at 15:21 | Rystad Energy

US shale expenditure is projected to surge 19.4% next year, leaping from an expected $69.8 billion in 2021 to $83.4 billion, the highest level since the onset of…

Three Bearish Factors Facing Oil Markets In 2022

Dec 01, 2021 at 12:43 | Osama Rizvi

Just when the world started to embrace some normalcy in terms of the global economy and social mobility, a new variant from South Africa, technically called B.1.1.529 and…

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