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Article Archive | Page 4

Kazakhstan, Azerbaijan, and Uzbekistan Forge Green Energy Export Alliance

Jul 19, 2024 at 09:27

Kazakhstan is pressing ahead with Uzbekistan and Azerbaijan to develop electricity export capacity, even as Astana faces challenges in securing the power needed to fuel domestic economic growth.…

Why China’s Commodity Imports Rise amid Struggling Economy

Jul 19, 2024 at 10:32

So far this year, China has imported growing volumes of most of the key commodities, with the notable exception of crude oil. Chinese purchases of LNG, coal, copper, and iron…

Turkey Willing To Boost EU Gas Exports If Bloc Guarantees Demand

Jul 19, 2024 at 09:50

Turkey has said it is prepared to significantly increase natural gas exports to the European Union, desperate to further wean itself off Russian gas, but it won’t be easy or…

Could the UK’s Crown Estate Shake-Up Accelerate Offshore Wind Investment?

Jul 19, 2024 at 09:44

King Charles announced no fewer than 40 government bills in his traditional speech to mark the State Opening of Parliament. From establishing a new wealth fund,…

What Does Von der Leyen’s Re-Election Mean for Europe’s Future?

Jul 19, 2024 at 09:41

The European Parliament's endorsement on July 18 of German Ursula von der Leyen for a second five-year term as president of the European Commission marks a bid for…

The Dramatic Fall of Mexico’s Oil Giant

Jul 19, 2024 at 09:38

Once one of the world’s most successful oil companies, the Mexican state-owned firm Pemex, has been falling increasingly into debt over the last decade, only surviving by pursuing…

U.S. Natural Gas Market Becomes a Global LNG Force

Jul 19, 2024 at 09:36

After years of being more or less isolated from the rest of the world, U.S. benchmark natural gas prices are becoming an influential force in shaping the structure of many…

China's Dominance in Renewable Energy Expansion Continues

Jul 19, 2024 at 09:33

China has long dominated the renewable energy space, as the government has been investing in ramping up the country’s green energy capacity for several decades. It is already the biggest…

Copper Demand Surge Drives Consolidation Wave in Mining Sector

Jul 19, 2024 at 09:31

London listed mining group ACG is gearing up for a global deals spree after snapping up a Turkish…

U.S. Oil, Gas Drilling Activity Sees Rebound

Jul 19, 2024 at 12:21

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

China's Largest Oil Refiner Sees Almost No Throughput Growth

Jul 19, 2024 at 09:32

China's largest oil refining company, China Petroleum & Chemical Corp., aka Sinopec, processed 126.69 million metric tons of crude oil or 5.08 million barrels per day (bpd) in the first…

Oil Prices Under Pressure as Concerns Mount Over Chinese Demand

Jul 19, 2024 at 09:06

While there is plenty to be bullish about in oil markets today, rising concerns over Chinese demand are weighing on oil prices.

Russia's Seaborne Oil Exports Plunge

Jul 19, 2024 at 07:57

1. Russia Seaborne Oil Exports Plunge on OPEC+ Compliance and Higher Runs - Russia’s crude oil exports have 

Houthi Tanker Attack Causes 200-Kilometer Oil Slick

Jul 19, 2024 at 04:56

Politics, Geopolitics & Conflict An oil tanker struck by Houthis in the Red Sea earlier this week has exploded, leaving a 200-kilometer-long oil slick. The Liberian-flagged tanker, the Chios Lion,…

Israeli Drone Strike Kills Syrian Oil Kingpin

Jul 19, 2024 at 04:54

An Israeli drone strike this week along the Beirut-Damascus road on Syria’s border with Lebanon killed a key Syrian businessman who also serves as the regime’s oil supply kingpin. The…

3 Stocks Set to Outperform if Trump Wins in November

Jul 19, 2024 at 03:48

Unless you live under a rock, you are probably aware that there was an attempt on Donald Trump’s life this week. So far, the knee-jerk reaction of many of his…

Bearish Risks Remain Despite a Tight Oil Market

Jul 19, 2024 at 03:44

Crude oil prices demonstrated resilience this week, recovering from early losses to finish higher on Thursday. Despite conflicting economic signals globally, several key factors fueled a bullish sentiment in the…

Oil Prices Are Heading for a Second Consecutive Weekly Decline

Jul 19, 2024 at 02:23

Oil prices fell in Friday trade in Asia and were poised for a second straight weekly decline as concerns about demand more than offset falling U.S. crude inventories and rising…

Are AI Data Centers Sparking a Bullish Case for Natural Gas?

Jul 18, 2024 at 08:33

In a recent OilPrice article, I argued that new demand from AI Data centers would be bullish for the natural gas market. In…

China Has Just Gained First-Mover Advantage In Nuclear Fusion

Jul 18, 2024 at 17:42

It’s been seven decades ever since scientists started working on nuclear fusion technology, with the allure of almost limitless clean energy proving too powerful to resist. Unfortunately, milestones have fallen…

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