Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
French energy group TotalEnergies (NYSE:TTE) has set the first drilling rig at its location in the Mediterranean Sea off Lebanon’s coast near Israel’s border with…
U.S. gasoline prices have surged to their highest level this year, continuing their relentless climb. National average gas prices in the United States have inched…
Natural gas pipeline operator Energy Transfer LP (NYSE:ET) has announced it will acquire midstream energy company Crestwood Equity Partners LP (NYSE:CEQP) in an all-stock deal…
Last week, we reported that the clean energy sector was outperforming its fossil fuel brethren with many companies in the space posting impressive top-and bottom-line growth.…
Last month, China’s Guangzhou Futures Exchange launched its first ever lithium carbonate future contracts, making it the fourth exchange worldwide to offer such contracts. The introduction…
Abu Dhabi National Oil Co (ADNOC) has signaled a willingness to raise its informal offer to 60 euros per share for a valuation of $12.6 billion…
A summer of record-breaking heat has dramatically increased electricity consumption for Americans with many now struggling to keep up with their skyrocketing electric bills. According…
Crude exports by South Sudan have climbed to their highest level in almost two years despite an ongoing war between Sudan’s government forces and a…
Last month, the UAE declared it will not join Saudi Arabia in making voluntary oil production cuts, claiming that the cuts by the Saudis are enough to…
With Europe out of the picture due to sanctions, Russia has begun rerouting oil previously destined for the continent to China and Asia via the…
Last month, several commodity experts predicted the Saudis will prolong its voluntary production cut but taper off their extra cut by restoring 250,000-500,000 barrels a day of…
U.S. gasoline demand increased slightly last week by 1.1% WoW as per GasBuddy, giving hope to the bulls that demand will not fall off a cliff as…
European natural gas prices have rocketed more than 30% on Wednesday, as traders panicked over the possibility of reduced LNG supply from Australia, a world…
We are at the tail-end of the Q2 2023 earnings season with nearly 90% of S&P 500 companies having reported. Unlike recent seasons, the current one has been disappointing…
The U.S. shale revolution has dramatically reshaped the world energy markets. The shale boom was one of the most impressive growth stories, from take off…
Last year, China emerged as the world’s clean energy champ, with the country accounting for $546 billion, or nearly half, of the $1.1 trillion that flowed…
After remaining range-bound for much of the second quarter, oil prices have mounted a significant rally, with analysts saying oil markets are finally waking up…
Nigerian military forces have destroyed 36 illegal refining sites and arrested 22 suspected oil thieves in the Niger Delta in the country’s latest crackdowns on…
Russia will cut oil exports by 300,000 barrels per day in September, Deputy Prime Minister Alexander Novak has announced. Russia has already pledged to cut…
The oil markets were slow to react to obviously bullish catalysts such as supply cuts, falling inventories and growing demand when they first kicked in…