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Breaking News:

Russia Won’t Abandon Grand LNG Plans

Article Archive

ArcelorMittal Takes Legal Action Against Liberty Steel Over Unpaid Debt

Nov 09, 2023 at 08:42

Via Metal Miner ArcelorMittal recently obtained a freeze order from a Singaporean court against Liberty Steel. The order totals €140 million ($150…

China’s Central Bank Says Economy On Track To Achieve 5% Growth Target

Nov 09, 2023 at 08:39

China is anticipated to achieve its annual gross domestic product (GDP) growth target this year, with a focus on transitioning to a high-quality and sustainable expansion model, according…

Serbian Firms Caught Exporting Sanctioned Goods To Russia

Nov 09, 2023 at 08:36

Serbian companies are exporting dual-use goods to Russia that have been targeted by Western sanctions due to their use in Russian armaments deployed in Ukraine -- despite a…

G7 Countries Back EU Ban On Russian Diamonds

Nov 09, 2023 at 08:33

Although Russia's economy has not collapsed under Western sanctions, the European Union is preparing to unveil another round of sanctions, focusing on Moscow's diamond exports, potentially as early…

Saudi Arabia’s Energy Minister Blames Speculators For Oil Price Plunge

Nov 09, 2023 at 08:52

Oil demand is robust—it’s oil speculators that are behind the most recent drop in global crude oil prices, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has said.…

Oil Demand In Doubt As Saudis Extend Production Cuts

Nov 08, 2023 at 17:02

Last weekend, Saudi Arabia said it would extend its voluntary production cuts of 1 million barrels daily of crude until the end of the year. At the same time, the…

All Eyes On India, Not China, For Future Oil Demand

Nov 08, 2023 at 14:38

For decades, China has been the leading driver of global oil demand growth thanks to an economy that maintained a blistering growth clip for a long stretch. China’s economy managed…

U.S. Crude Oil Exports Are Soaring To Record Highs

Nov 08, 2023 at 13:02

U.S. crude oil exports continue to reshape the global market as America is pumping record volumes of oil and shipping record volumes of it overseas while the OPEC+ group withholds…

China And India Challenge EU Over New Carbon Tax

Nov 08, 2023 at 08:05

Via Metal Miner  Both India and China continue to denigrate the Carbon Border Adjustment Mechanism (CBAM), or “carbon tax” as it has come…

Silicon Valley Mining Firm Eyes Opportunity In DRC

Nov 08, 2023 at 08:02

Bill Gates is reportedly backing a mining startup that is getting close to "investing" in the Democratic Republic of Congo - which is, of course, a nice way…

Steel Prices Rise As Supply Tightens

Nov 08, 2023 at 08:00

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) rose 2.53% from September to October. Roughly six…

Israel-Hamas Conflict Threatens EU Energy Security

Nov 08, 2023 at 11:01

The ongoing conflict between Israel and Hamas, killing hundreds of civilians a day and threatening critical infrastructures of all sorts in the vicinity of the Gaza Strip, has…

LPG Carriers Forced To Turn Around As Panama Canal Faces Water Crisis

Nov 08, 2023 at 07:57

The El Niño weather pattern has sparked a drought this year across Central America that is creating extreme congestion at the Panama Canal, prompting some ships to turn…

Moscow's Support For Iran Worries Israel As Regional Tensions Escalate

Nov 08, 2023 at 07:53

Less than three weeks after Hamas's brutal attack on Israel, leaders of the militant group showed up in Moscow for talks with Russian officials. For many…

Beyond EVs: Dual-Ion Battery Tech Takes A Leap

Nov 08, 2023 at 09:13

Due to lithium ion’s challenges, some research focus has shifted to an intriguing alternative known as dual-ion batteries (DIBs). The challenge comes from…

Gold Retreats from $2,000 Mark As Economic Worries Fade

Nov 08, 2023 at 07:51

Gold prices have collapsed in a two-day avalanche, tumbling as fears over market volatility ease — with the precious metal seemingly entering a correction phrase. The…

Hamas-Israel War Threatens Major Regional Energy Projects

Nov 07, 2023 at 16:56

The ongoing Middle East conflict involving Israel and Gaza-based militant group Hamas has so far not significantly impacted the region’s oil and gas flows, exactly one month after Hamas launched…

Is The EV Revolution Still Happening?

Nov 07, 2023 at 14:21

During the latest profit season, executives from the auto industry probably surprised many by announcing revisions to their EV plans. GM gave up its production targets. Tesla's…

Diesel Demand Shows Signs Of Faltering

Nov 07, 2023 at 09:23

An unexpected deeper contraction in U.S. manufacturing activity could signal weaker diesel demand, helping stocks – which are below the five-year average for this time of year – rebuild ahead…

The Growing Energy Footprint Of The Information Economy

Nov 07, 2023 at 07:11

Back in 2009 I wrote a piece entitled "The unbearable lightness of information." Since then the information economy has become ever more resource…

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