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Article Archive | Page 7

U.S. Oil Drillers Add 1 Rig As Rut Continues

Oct 27, 2023 at 12:21

The total number of active drilling rigs in the United States rose by 1 this week after climbing by 2 last week, according to new data that Baker Hughes published…

Middle East Producers Cautious To Hike Prices In Tight Market

Oct 27, 2023 at 09:28

Tensions in the Middle East escalated just as oil prices declined into potentially dangerous territory for major OPEC+ players such as Saudi Arabia. Before October 7, Dubai was…

Musk's Mega Rocket Faces Unprecedented Regulatory Delays

Oct 27, 2023 at 08:53

A reporter from rocket blog NASASpaceflight reveals Elon Musk's SpaceX Starship, the most powerful rocket ever built, has been placed under review (again)…

Oil Markets On Edge As Geopolitical Risk Rises

Oct 27, 2023 at 08:23

Oil markets have been on edge this week, with geopolitical risk and market tightness being counterbalanced by continued economic concerns. While prices are on course for a weekly loss, they…

Oil Price Rally Reverses Despite Tightening Market Fundamentals

Oct 26, 2023 at 13:59

The oil price rally has failed to gain any kind of momentum three weeks after tensions in the Middle East escalated despite market fundamentals strengthening. Brent…

Oil May Be About To Go Down On Higher Costs

Oct 26, 2023 at 17:15

Analysts have been talking about three-digit oil prices for months now, yet the benchmarks have stubbornly refused to move above $100, whatever happens. One reason for this is the economic…

Scandinavia May Hold The Key To Western Critical Minerals

Oct 26, 2023 at 11:44

One year after Congress passed the historic Inflation Reduction Act (IRA), the U.S. remains as reliant on China as ever for critical minerals, materials and components that go into everything…

Why Big Oil Isn't to Blame For Rising Gas Prices

Oct 26, 2023 at 08:22

Good energy policy starts with a good understanding of energy issues. But both major political parties have glaring blind spots when it comes to understanding the energy sector.…

Plastic Waste Becomes Clean Hydrogen Goldmine

Oct 26, 2023 at 08:18

A study focused on turning waste plastics into high-value graphene just unlocked a new way of producing hydrogen that could transform the nascent industry and, on a grander scale, positively…

Researchers Boost Hydrogen Fuel Cell Efficiency With Ionic Materials

Oct 26, 2023 at 08:15

A Ulsan National Institute of Science and Technology(UNIST) research team has made a groundbreaking advancement in improving the efficiency of hydrogen fuel cells, which are…

London Metal Exchange Explores New Nickel Contract Possibilities

Oct 26, 2023 at 08:13

Via Metal Miner  According to an official with the bourse, the London Metal Exchange (LME) is not ruling…

American Small Reactor Development Suffers From Short Sellers

Oct 26, 2023 at 11:08

NuScale is America’s contender in the race to build a commercial, nuclear small modular reactor (SMR). The company has two buyers for its product lined up. But the…

Volkswagen's Q3 Earnings Slump Amid Supply Chain Woes

Oct 26, 2023 at 08:10

Volkswagen Group has said it “cannot be satisfied” with its profitability, as it missed third quarter targets due to hedging losses and supply chain disruption. Profits…

Siemens Energy Shares Crash 37% As It Reports Wind Turbine Quality Issues

Oct 26, 2023 at 09:55

Siemens Energy shares in Germany crashed on Thursday after the company warned its wind turbine business is grappling with quality issues and offshore ramp-up challenges. The company said it's evaluating various…

Ford And UAW Near Historic Deal After Six-Week Strike

Oct 26, 2023 at 08:07

The United Automobile Workers and Ford Motor Company reached a tentative agreement on a new four-year labor contract on Wednesday night. This comes six weeks after UAW initiated…

Big Oil’s Mega Acquisitions Raise Questions About Peak Oil Demand

Oct 25, 2023 at 14:35

Last year, Big Oil annoyed their home governments by raking in billions on the back of soaring oil and gas prices. Those were caused by demand exceeding supply for hydrocarbons.…

How China Increasingly Dictates The Speed Of The Energy Transition

Oct 25, 2023 at 14:21

No other large energy-consuming country has such an outsized impact on both fossil fuels and renewables consumption than China. Its economic growth and infrastructure build-out in the last…

AI Industry’s Power Demand Is Skyrocketing Globally

Oct 25, 2023 at 11:32

Artificial Intelligence (AI) has emerged as one of the biggest secular megatrends of our time. AI is powering the fourth industrial revolution and is increasingly being viewed as…

Iran’s Oil Revenue Woes Deepen Amid Export Discrepancies

Oct 25, 2023 at 10:57

The head of Iran's Budget and Planning Organization says the government achieved only "around" 70 percent of its projected revenues for the first seven months of the current…

Hyperloop Technology Gains Momentum With New Freight System

Oct 25, 2023 at 10:54

The American research company HyperloopTT unveiled its latest hyperloop technology, an innovative freight capsule system which it claims will revolutionise freight shipping.

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