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World's Biggest Shipper Cuts 10,000 Jobs

World's Biggest Shipper Cuts 10,000 Jobs

The shipping giant A.P. Moller-Maersk…

Energy

Europe's Appetite For Turkmen Gas Boosts Trans-Caspian Pipeline Plans

Oct 25, 2023 at 10:51 | Eurasianet

Turkmenistan’s president is scheduled to travel to Turkey this week for talks expected to focus on natural gas transportation. For decades,…

DRC Cobalt Mines Grab Global Spotlight Again

Oct 25, 2023 at 10:49 | Metal Miner

Via Metal Miner   It has the largest reserves of cobalt in the world and the 7th largest deposit of copper, making it…

Porsche’s Electric Bet Is Paying Off In A Big Way

Oct 25, 2023 at 10:44 | City A.M

Porsche has reported a jump in sales and profits in the first nine months of the year thanks to strong performances from its bestselling Cayenne series and all-electric…

Oil Ticks Lower On Inventory Build

Oct 25, 2023 at 09:56 | Irina Slav

Crude oil prices inched down today after the Energy Information Administration reported an inventory increase of 1.4 million barrels for the week to October 20. This compared with…

Global Fossil Fuel Demand Set To Hit Record High In 2024

Oct 25, 2023 at 07:57 | Tsvetana Paraskova

Global energy and fossil fuel consumption is set to defy wars and high prices and hit a record high level in 2024, led by strong Asian demand, the…

America’s Founding Oil Barons Are Ditching Fossil Fuels

Oct 24, 2023 at 16:15 | Alex Kimani

Over the past decade, green and socially responsible investments, aka ESG (Environmental, Social, and Governance) investing, have emerged as one of the biggest investment megatrends in modern…

Why Iran Is Desperate To Finish This Pipeline

Oct 24, 2023 at 12:35 | Simon Watkins

Iran has long been desperate to create a permanent ‘land bridge’ from Tehran to the Mediterranean Sea by which it could exponentially increase the scale and scope of…

The IEA's "Crying Wolf" Scenario

Oct 24, 2023 at 10:01 | Cyril Widdershoven

  The International Energy Agency (IEA), known as the energy watchdog for OECD countries, has once again raised concerns about an impending peak in hydrocarbon demand, projected to occur before…

Geopolitical Risk Keeps Oil Prices Afloat As Bearish Pressure Builds

Oct 24, 2023 at 09:39 | Michael Kern

Oil prices are under an increasing amount of downward pressure, but geopolitical risk and continued production cuts from OPEC+ have helped to halt a significant drop.

Toyota’s Solid-State Battery Boasts 745 Miles On A 10 Minute Charge

Oct 24, 2023 at 08:02 | Julianne Geiger

Toyota thinks it has solved two of the main hurdles with mass electric vehicle adoption: battery range and charging time. Toyota’s new electric vehicle battery will offer a 745-mile range…

Lithium Cermanic Battery Could Reduce Reliance On Critical Materials

Oct 24, 2023 at 07:48 | Brian Westenhaus

A team led by Jennifer L. M. Rupp at MIT, Cambridge, USA, and TU Munich, Germany, has now developed such a new synthetic process to make lithium…

The IEA Reiterates Its Peak Oil Demand Prediction

Oct 24, 2023 at 02:25 | Irina Slav

Demand for oil, natural gas, and coal is set to peak before 2030, which undermines the case for increasing investment in fossil fuels. This is one of the…

How High Could War In The Middle East Drive Oil Prices?

Oct 23, 2023 at 16:17 | Irina Slav

When Hamas struck Israel earlier this month, the first reaction of many people watching the energy space was the recall of a memory: a memory of the 1973 oil crisis.…

Measuring Green Energy's Growing Role In The U.S. Economy

Oct 23, 2023 at 10:12 | Tsvetana Paraskova

The Bureau of Economic Analysis (BEA) has made revisions to the U.S. economy over the past few years in its latest update of the national economic accounts.   Prompted by economists,…

The Growing Importance Of Graphite In The Clean Energy Economy

Oct 23, 2023 at 10:09 | Kurt Cobb

The substance that constitutes a pencil lead and an important component of electric vehicle batteries is suddenly less available. China, the world's top producer of…

How Australia Became The World’s Most Volatile Power Market

Oct 23, 2023 at 10:06 | Rystad Energy

Australia’s power market is now the most volatile in the world as unexpected losses of supply from unplanned coal generation outages and transmission line issues related to natural…

$7 Trillion Needed To Secure Future Natural Gas Supply

Oct 23, 2023 at 09:58 | ZeroHedge

The world is in the midst of an energy transition; however, the complete transition from fossil fuels to renewables won't be realized anytime soon. Natural gas is expected…

Rising Interest Rates Pose Challenges For Gold And Oil

Oct 23, 2023 at 09:56 | Metal Miner

Via Metal Miner Precious metals like gold and silver are often seen as a safe haven asset during times of economic uncertainty. In…

Bulgaria's Controversial Gas Agreement Faces EU Scrutiny

Oct 23, 2023 at 09:54 | RFE/RL staff

The European Commission is investigating a deal allowing Bulgaria to access gas supplies via Turkey over a possible breach of the bloc's antitrust…

EIA Sees Limited Growth In Venezuela’s Oil Production Despite Sanctions Relief

Oct 23, 2023 at 09:41 | Charles Kennedy

Venezuela is expected to raise its crude oil production by less than 200,000 barrels per day (bpd) until the end of 2024 as years of underinvestment and mismanagement…

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