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U.S. Rig Count Takes A Dive

U.S. Rig Count Takes A Dive

Despite the relative strength in…

Energy / Energy-General

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

Nov 09, 2023 at 08:52 | Julianne Geiger

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.…

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

Nov 08, 2023 at 14:38 | Alex Kimani

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…

Beyond EVs: Dual-Ion Battery Tech Takes A Leap

Nov 08, 2023 at 09:13 | Brian Westenhaus

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…

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

Nov 08, 2023 at 07:57 | ZeroHedge

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…

Hamas-Israel War Threatens Major Regional Energy Projects

Nov 07, 2023 at 16:56 | Alex Kimani

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 | Irina Slav

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 | Tsvetana Paraskova

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 | Kurt Cobb

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

LNG And Offshore Energy Projects Face Delays As Nickel Prices Soar

Nov 07, 2023 at 07:04 | Rystad Energy

A vigorous recovery from the global aerospace industry has increased demand for nickel, a key aircraft component prized for its corrosion resistance, high strength and exceptional mechanical properties.…

Solid-State Battery Breakthrough Promises Safer Energy Storage

Nov 07, 2023 at 07:01 | Brian Westenhaus

Researchers announced a major breakthrough in the field of next-generation solid-state chloride-based solid electrolyte batteries. It is believed that their new findings will enable the…

Auto Rental Giant Struggles To Expand EV Fleet As Costs Rise

Nov 06, 2023 at 08:30 | Robert Rapier

Although I believe the future belongs to renewable energy and electric vehicles, the transition is going to be bumpy. This is something I have emphasized for years. This…

Tesla's €25,000 EV Set For Berlin Production

Nov 06, 2023 at 08:14 | ZeroHedge

Shares of Tesla in New York are higher in premarket trading after several reports said the company plans to reveal an affordable electric vehicle to be produced at…

World's Biggest Shipper Cuts 10,000 Jobs

Nov 03, 2023 at 12:50 | ZeroHedge

The shipping giant A.P. Moller-Maersk A/S reported a slide in profit and revenue for the third quarter, forcing the company to take a defensive position by eliminating upwards…

U.S. Rig Count Takes A Dive

Nov 03, 2023 at 12:16 | Julianne Geiger

The total number of active drilling rigs in the United States fell by 7 this week after climbing by 1 last week, according to new data that Baker Hughes published…

U.S. Forges First Link Of Lithium Supply Chain In West Africa

Nov 03, 2023 at 09:41 | Irina Slav

Last year, the U.S. federal government began talking about building supply chains for the energy transition. Many saw this as a better-late-than-never moment after China had essentially cornered every transition-related…

Japanese Scientists Reinvent Fuel Cells With Graphene Breakthrough

Nov 03, 2023 at 09:14 | Brian Westenhaus

A University of Tsukuba research team has successfully developed a new method that can prevent the crossover of large fuel molecules and suppress the degradation of electrodes…

Can The West Catch Up To China In The Clean Energy Race?

Nov 03, 2023 at 09:11 | Haley Zaremba

Are efforts to diversify global clean energy supply chains too little, too late? For years now, China has been growing its clean energy influence at a breakneck pace, pouring huge…

Green Energy Firms Grapple With Profit Plunge As Market Conditions Sour

Nov 03, 2023 at 09:06 | Felicity Bradstock

Stocks of both solar and wind energy companies are falling due to high supply chain costs, project delays, and weakening demand, according to several renewable energy companies. Despite a strong…

Can Solid-State Batteries Solve The EV Revolution’s Biggest Problem?

Nov 03, 2023 at 08:54 | Felicity Bradstock

As most major players and many new startups venture into the world of electric vehicles (EVs), many are racing to develop a solid-state battery that could vastly improve performance and…

Africa’s Geothermal Power Sector Set To Overtake Europe

Nov 03, 2023 at 08:40 | Rystad Energy

Africa’s geothermal sector will attract at least $35 billion in investments by 2050, showing the critical role geothermal is set to play in meeting the continent’s rapidly growing…

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