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Energy

U.S. Oil Drillers Still Showing Discipline

Oct 20, 2023 at 12:42 | Julianne Geiger

The total number of active drilling rigs in the United States rose by 2 this week after climbing by 3 last week, according to new data that Baker Hughes published…

Which Factors Influence Oil Prices Right Now?

Oct 20, 2023 at 10:34 | Editorial Dept

You don’t have to be a Nobel Prize winner in economics to know that the two basic influences on the price of oil, or any commodity for that matter, are…

Oil And Gas Still Drawing In Investors Despite Transition

Oct 20, 2023 at 08:58 | Irina Slav

Oil and gas stocks were among the top performers on the S&P 500, with four industry players taking their place in the top 10. The reason for this was…

New Natural Gas Investments Are Crucial To Prevent Price Shocks

Oct 20, 2023 at 08:46 | Tsvetana Paraskova

Unprecedented uncertainty in natural gas demand and policies and low levels of investment in new production risk creating fresh energy crises and undermining energy security and climate goals as it…

India's Booming Coal Demand Drains Inventories

Oct 20, 2023 at 07:56 | Editorial Dept

1. US Lifts Sanctions on Venezuela for Six Months- The US will temporarily lift

The U.S. Is Running Out Of Ways To Influence Oil Prices

Oct 20, 2023 at 07:53 | Editorial Dept

Politics, Geopolitics & Conflict The Biden Administration has moved to lift sanctions on Venezuela’s oil industry under the guise of concessions from the Maduro regime, which now has said it…

The Gaza Conflict Puts Israel's Natural Gas Future At Risk

Oct 20, 2023 at 07:49 | Editorial Dept

When it discovered the Tamar and Leviathan gas fields offshore in the Mediterranean’s Levant Basin, Israel gained lots of regional diplomatic leverage overnight. Soon, it would (and did)…

New “Wonder Material” Could Boost Battery And Solar Cell Efficiency

Oct 20, 2023 at 07:32 | Brian Westenhaus

Researchers at University College London (UCL) have created one-atom-thick ribbons made of phosphorus alloyed with arsenic that could dramatically improve the efficiency of devices such as batteries,…

Is The UK Giving Up On Solar Power?

Oct 20, 2023 at 07:29 | Felicity Bradstock

The Conservative government in the U.K. has been accused of backtracking on several of its climate pledges over the last few months and the solar energy industry is the latest…

Grid Upgrades Estimated To Cost Over $2.5 Trillion By 2035

Oct 20, 2023 at 07:26 | ZeroHedge

Electricity grid capacity available in the world isn't keeping pace with the rapid growth of "clean energy" technologies, possibly putting governments' climate goals at risk, according to a recent report…

MIT Solar Breakthrough Boosts Hydrogen Efficiency

Oct 20, 2023 at 07:20 | Brian Westenhaus

Massachusetts Institute of Technology engineers have designed a system that can efficiently produce ‘solar thermochemical hydrogen.’ It harnesses the sun’s heat to split water and generate…

Canada's LNG Ambitions Set To Reshape Global Gas Market

Oct 20, 2023 at 07:18 | Felicity Bradstock

Over the last year, the U.S. has been ramping up its natural gas production, with plans to develop several more LNG facilities in the south of the country. But it…

Venezuela's Crude Production Faces Uphill Battle Despite Sanctions Relief

Oct 20, 2023 at 07:15 | Felicity Bradstock

The United States has eased its sanctions on Venezuela following an election deal. This follows four years of sanctions on its oil and gas industry, restricting the South American oil…

Aluminium Demand Gets Boost From Backlog In Aircraft Production

Oct 20, 2023 at 07:06 | ChAI

2023 has been a year of waiting and uncertainty for many industrial metal markets, with aluminum being no exception. The global economy has been cast in the shadow of high…

Is Green Hydrogen An Opportunity Or Distraction For The U.S.?

Oct 20, 2023 at 07:04 | Felicity Bradstock

There has been great enthusiasm in the energy world around the increased production of hydrogen, which can be used in a range of ways as a cleaner alternative to fossil…

How The U.S. Has Influenced Oil Prices This Week

Oct 20, 2023 at 06:50 | Michael Kern

Oil markets have been heavily influenced by the U.S. this week, first by news it was lifting sanctions on Venezuela, then by reports it would be refilling its SPR, and…

Israel-Hamas Conflict Casts Shadow Over COP28 Success

Oct 20, 2023 at 06:31 | Cyril Widdershoven

The success of COP28 in Dubai, UAE, is facing immense pressure due to the aftermath of the Hamas terrorist attack on Israel and the ongoing Israeli conflict with…

Oil Prices Set For A Weekly Gain As The War Premium Returns

Oct 20, 2023 at 02:01 | Charles Kennedy

Crude oil prices started trade today with a gain that could extend a winning streak that began last week. At the time of writing, Brent crude was…

Will Middle East Tensions Prompt Saudi Arabia To Shift Its Oil Policy?

Oct 19, 2023 at 17:29 | Tsvetana Paraskova

At the beginning of October, Saudi Arabia affirmed it would keep its voluntary oil production cut of 1 million barrels per day (bpd) until the end of the year and…

Lithium Price Crash Could Trigger Shortages From 2025

Oct 19, 2023 at 14:45 | Alex Kimani

Over the past few years, the lithium markets exploded as the electrification drive went into overdrive. EV makers like Tesla Inc. (NASDAQ:TSLA) have been scrambling to secure supplies amid rapid EV…

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