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Article Archive | Page 5

U.S. Drilling Activity Ticks Up As Oil Prices Rise

Sep 15, 2023 at 12:25

The total number of active drilling rigs in the United States rose by 9 this week, according to new data from Baker Hughes published Friday. The total rig count rebounded…

Turkey And Russia Restart Talks On Gas Hub

Sep 15, 2023 at 09:29

Turkey and Russia have re-launched discussions to set up a regional hub for natural gas trading, but current disagreements about trading platforms and who should be in charge could delay…

Gas Markets Stabilize As Freeport LNG Roars Back To Full Power

Sep 15, 2023 at 08:39

Freeport LNG—the second largest liquefaction facility in the United States—is said to have returned to nearly full power on Friday after experiencing disruptions for the last week.  The last week…

Historic Strike Hits Big Three Automakers Hard

Sep 15, 2023 at 08:36

For the first time in history that the 146,000-member union has simultaneously gone on strike against Ford, General Motors(GM) and Stellantis, according to…

An Apparently Unstoppable Oil Price Rally

Sep 15, 2023 at 04:11

There appears to be no end in sight for the current oil price rally or for the bullish catalysts driving it as tightening supply combines with the apparent return of Chinese…

Venezuela Remains The Oil Market's Biggest Known Unknown

Sep 15, 2023 at 03:20

1. Despite Lower Gas Prices, Europe’s Industrial Gas Demand Just Not Enough- Europe’s industry gas…

The Oil Price Rally Is Fueling Inflation Concerns

Sep 15, 2023 at 02:54

U.S. crude oil prices have surged past $90 a barrel, triggering worries about accelerating inflation and its potential impact on an economy already grappling with the Federal Reserve's aggressive interest…

New Sanctions Heighten Tensions Between Turkey And The U.S.

Sep 15, 2023 at 02:48

Markets & Geopolitics While production was unaffected when Storm Daniel out of the Mediterranean hit land in eastern Libya, the country’s key oil export terminals were all temporarily closed last…

A Look At Warren Buffett’s Favorite Oil Stock

Sep 15, 2023 at 02:45

It is no secret that Warren Buffet, or more accurately his holding company, Berkshire Hathaway (BRKA: BRKB), has been amassing a significant stake in Occidental Petroleum (OXY). Their stake is…

Why Putin Met Kim Jong-Un

Sep 15, 2023 at 02:40

More than ever, Putin needs something big. A dramatic gesture for global public consumption. That’s what North Korea is all about. While the Kremlin may have had Prigozhin’s…

Oil Prices On Track For A Third Consecutive Week Of Gains

Sep 15, 2023 at 01:24

Crude oil prices were set for a third week of increases today, lifted by the growing imbalance between demand and supply, and by China’s latest industrial output

A Critical Mineral Cartel Would Be Worse Than OPEC

Sep 14, 2023 at 15:41

In her State of the Union address this week, EC President Ursula von der Leyen made a point about the EU’s growing independence in sectors such as energy, chips, and…

The 5 South American Countries With The Largest Natural Gas Reserves

Sep 14, 2023 at 08:15

South America is fast emerging, once again, as one of the world’s hottest drilling locations, with the continent believed to contain considerable volumes of commercially extractable natural gas. While offshore…

Air Fares Poised To Skyrocket As EU Adopts Green Fuels For Aviation

Sep 14, 2023 at 15:26

Back in 2008, Virgin Atlantic made history after flying a Boeing 747 between London and Amsterdam partly powered by a biofuel made from Brazilian babassu nuts and coconuts. Although…

A Proposal That Could Rejuvenate Venezuela's Ailing Oil And Gas Industry

Sep 14, 2023 at 09:22

The recent summit between the European Union (EU) and the Community of Latin American and Caribbean States (CELAC) in Brussels represented a timely opportunity for Europe to build…

The Future Of Lithium-ion Battery Recycling

Sep 14, 2023 at 08:12

Chinese researchers have introduced a novel approach for the recovery and recycling of lithium from used Lithium Ion Batteries (LIBs). The team…

New State Laws Could Derail Biden's Zero-Carbon Ambitions

Sep 14, 2023 at 08:06

Grassroots resistance to the Biden administration’s ambitious push for a “zero-carbon” economy is coalescing in varied new state laws and local ordinances that threaten to bog down solar…

Armenia Leans West Amid Strained Ties With Russia

Sep 14, 2023 at 08:09

For centuries, Armenians have had a tight relationship with Russia. But those ties have come under strain over the past year and a half as Russia, bogged down…

European Automakers Rally As EU Launches Probe Into Chinese EV Subsidies

Sep 14, 2023 at 08:03

Apparently, things are going a little too well for the EV market in China, prompting the EU to launch an investigation into Chinese subsidies for electric vehicles, according…

European Central Bank Surprises Markets With Rate Hike

Sep 14, 2023 at 08:13

As we previewed earlier, while the ECB decision was a tough call and while pure mathematical consensus expected no hike today, moments ago the ECB surprised the consensus (if not our…

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