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Energy

American Oil Giants Boost Domestic Footprint As Geopolitical Tensions Mount

Oct 27, 2023 at 09:19 | Tsvetana Paraskova

ExxonMobil and Chevron have just announced mega acquisition deals to buy U.S. firms, which will boost the footprint of the U.S. oil supermajors in their domestic upstream market and the…

U.S. Eyes Tighter Sanctions On Iran's Oil And Gas Exports

Oct 27, 2023 at 09:10 | Cyril Widdershoven

As the oil market grapples with the current and potential effects of the Gaza war, a new significant concern has emerged. U.S. sources indicate that the Biden Administration…

Chinese EV Startup Secures Billion-Dollar Backing From U.S. Auto Giant

Oct 27, 2023 at 09:02 | ZeroHedge

While almost all other auto manufacturers, especially those from Japan, are mulling exits from China (where domestic brands are starting to dominate the…

National Oil Companies Aren't Ready For The Energy Transition

Oct 27, 2023 at 09:00 | Tsvetana Paraskova

Some of the world's largest national oil companies (NOCs) have improved significantly their resilience to oil price slumps in the near future thanks to huge cash flows and profits in…

Robotaxi Safety Concerns Arise After Pedestrian Mishap

Oct 27, 2023 at 08:58 | ZeroHedge

General Motors' autonomous car unit, Cruise, announced on X Thursday night that all its driverless car fleets nationwide will be halted after several…

Musk's Mega Rocket Faces Unprecedented Regulatory Delays

Oct 27, 2023 at 08:53 | ZeroHedge

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 | Michael Kern

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 May Be About To Go Down On Higher Costs

Oct 26, 2023 at 17:15 | Irina Slav

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…

Oil Price Rally Reverses Despite Tightening Market Fundamentals

Oct 26, 2023 at 13:59 | Alex Kimani

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…

Scandinavia May Hold The Key To Western Critical Minerals

Oct 26, 2023 at 11:44 | Alex Kimani

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 | Robert Rapier

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 | Haley Zaremba

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 | Brian Westenhaus

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 | Metal Miner

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

Volkswagen's Q3 Earnings Slump Amid Supply Chain Woes

Oct 26, 2023 at 08:10 | City A.M

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…

Ford And UAW Near Historic Deal After Six-Week Strike

Oct 26, 2023 at 08:07 | ZeroHedge

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 | Irina Slav

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.…

AI Industry’s Power Demand Is Skyrocketing Globally

Oct 25, 2023 at 11:32 | Alex Kimani

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 | RFE/RL staff

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 | City A.M

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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