Crude oil prices inched higher today after the Energy Information Administration reported an inventory decline of 500,000 barrels for the week to June 9. This compared with…
Spain is on track to generate more than half of its power from renewable sources this year, the first of the top five European countries by power demand to accomplish…
China’s economy and oil demand will be the single most important driver of oil prices this year, even if OPEC+ manages to push prices upwards, according to Fatih Birol, the…
U.S. crude oil production could gain 720,000 barrels daily this year, up from a previously forecast growth rate of 640,000 bpd, according to the latest edition of the Energy Information…
Traders are not buying the oil deficit story. That’s the conclusion that forces itself based on the latest oil and fuel buying and selling developments ahead of the latest OPEC+…
It’s a good time to look at energy stocks again, now that oil prices have rallied in Monday's session after Saudi Arabia pledged big production cuts and OPEC+ extended…
Following the recent slew of major cooperation agreements (including in energy, security, and logistics) between various permutations of…
Argonne National Lab scientists have developed a fluorine containing electrolyte for lithium-ion batteries whose charging performance remains high in frigid regions and seasons. They also…
After Exxon’s string of high-quality oil discoveries in offshore Guyana delivered more than 11 billion barrels of oil resources South America started garnering considerable attention from energy investors. …
As emerging markets seek to accelerate their energy transitions by increasing solar and wind power capacity, recent technological advancements that harness the sodium from saltwater could provide a crucial breakthrough…
Kazakhstan is the largest producer and exporter of uranium globally, mining and exporting more than 40 percent of the world’s supply. Up to now, it has been the major supplier…
India has unveiled an ambitious initiative to provide 37.6 billion rupees ($455.2 million) in subsidies to stimulate the establishment of battery storage projects. The projects, which are expected to…
As GCC countries look to harness new forms of financial technology (fintech) such as blockchain, deepen their financial services and expand financial inclusion, governments are embracing decentralised finance (DeFi) and…
Russian crude oil export data in recent weeks have not reflected any cuts and OPEC+ allies are increasingly frustrated with its non-compliance Russia’s crude oil exports by sea continue to…
Ukraine has accused Russia of blowing up a huge Soviet-era dam on the Dnieper River in a Moscow-occupied area in the south, sending millions of liters of water cascading through…
Shell has recently confirmed its decision to exit the retail energy markets in the UK, Germany, and the Netherlands due to poor returns. This move comes as part of…
Saudi Arabia's attempt to shock oil markets and push oil prices higher appears to have backfired, with prices falling and Saudi Arabia's market share in Asia now under threat.
Several buyers in Asia are looking to buy spot oil cargoes from Russia, Africa, Brazil, or the United States after the world’s top crude exporter, Saudi Arabia, unexpectedly raised its…
This Monday saw what was perhaps one of the shortest oil price rallies following an OPEC+ meeting. The announcement of an additional production cut of around 800,000 bpd by the…
The global electric vehicle market is a crowded space valued at nearly $194 billion in 2022 and set to reach an astounding $694 billion by 2030. Now it’s time…