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Article Archive | Page 2

Oil Prices Jump as Europe Hints at June Rate Cuts

May 27, 2024 at 12:00

Brent crude and U.S. benchmark crude oil prices gained well over 1% in thin Monday trading, with international inflation data and the potential for rate cuts globally taking center stage…

New Battery Tech Could Kill Two Major Decarbonization Challenges With One Stone

May 27, 2024 at 07:34

While the global clean energy transition is well underway, there are still some unsolved technical hurdles standing between our current energy industry and our ability to meet global climate goals…

Sam Altman-Backed Nuclear Startup Signs Major Data Center Contract

May 27, 2024 at 07:31

Sam Altman backed nuclear startup Oklo inked a deal to supply 100MW of nuclear power to data center company Wyoming Hyperscale, it was announced last week.

The High Cost of Moving Industry Offshore

May 27, 2024 at 07:28

Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may…

G7's Awkward Climate Finance Secret

May 24, 2024 at 13:11

The finance ministers of the G7 group are meeting this week to discuss, among other global issues, climate finance and how to make more money available to the poorer…

The Start Of De-Dollarization: China's Move Away From The USD

May 24, 2024 at 12:42

Since 2010, the majority of China’s cross-border payments, like those of many countries, had been settled in U.S. dollars (USD). As of the first quarter of 2023, that’s no longer the case.…

The World’s Big Bus Electrification Plan

May 24, 2024 at 11:12

Buses could overtake passenger cars when it comes to EV adoption, as countries worldwide race to make their public transport greener to support decarbonisation efforts. In addition, reports have found…

A Looming Copper Bottleneck Could Derail the Energy Transition

May 24, 2024 at 11:03

A new report from the International Energy Forum warns that global copper production may soon be critically outpaced by soaring global demand for the metal, which is a key component…

U.S. Leaves The Door Open for Oil Majors to Operate in Venezuela  

May 24, 2024 at 11:00

The United States appears to be inclined to let international oil companies with existing operations in Venezuela continue pumping crude in the country holding the world’s largest crude oil reserves.…

The U.S. Is Determined to Revolutionize Its Microchip Industry

May 24, 2024 at 10:57

The U.S. is fighting to become one of the biggest microchip producers in the world in pursuit of taking a leading role in the global green transition. While China continues…

China Threatens 25% Car Tariff Against US, EU Moves

May 24, 2024 at 12:28

Beijing is still mulling its expected retaliation in the wake of last week's Biden administration rollout of steep tariff increases on a series of Chinese tech imports,…

The War for Profitability Within the Wind Industry

May 24, 2024 at 09:58

The wind energy industry has fallen into a rut, as several major companies have been plagued with setbacks due to supply chain and quality control issues. Now, wind energy majors…

Could Thailand Become the Next Electric Vehicle Powerhouse?

May 24, 2024 at 09:56

Several countries are rapidly developing their burgeoning electric vehicle (EV) industries to meet the growing demand for EVs and compete with China when it comes to manufacturing. Asia has come…

U.S. Remains Painfully Dependent on China for Silicon and Solar Panels

May 24, 2024 at 09:42

By AGMetalminer.com The Renewables MMI (Monthly Metals Index) continued its slight downward trend month-on-month, dropping by 3.8%. Two large components of the index, silicon and cobalt…

Oil, Gas Drilling Activity Slips in the U.S.

May 24, 2024 at 12:06

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…

Russia Has 12% of its Oil Refining Capacity Offline in May

May 24, 2024 at 10:46

Russia’s primary oil refining capacity that is idled this month is 12% of its total primary refining units, per Reuters estimates on industry sources data. Due to a change…

Just How Long Will the Natural Gas Price Collapse Continue?

May 24, 2024 at 09:11

Whenever I try to get a feel for the direction of natural gas prices, the Energy Information Administration’s (EIA) Weekly Natural Gas Storage Report is the first place I…

Oil Prices Remain Under Pressure Despite Rising Gasoline Demand

May 24, 2024 at 07:40

A combination of crude inventory builds and high interest rates continued to weigh on oil prices this week, with Brent and WTI both trading near three-month lows.

High Demand Sends LNG Prices Climbing Around the World

May 24, 2024 at 07:20

1. Mexican Crude Production Collapses Ahead of Elections- Providing a somber reflection on Mexico’s upstream…

Oil Prices Tumble as Demand Concerns Boost Bearish Sentiment

May 24, 2024 at 07:20

Oil prices are experiencing a sharp decline this week, its first in two weeks. The period is ending with four consecutive sessions of losses and Friday is on course to…

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