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Energy / Energy-General

Massive Clean Energy Investments Propel China's Energy Transition

Jun 09, 2023 at 07:54 | Haley Zaremba

China is racing toward decarbonization at a rate that few could have predicted. The nation is crushing its competition in terms of clean energy spending, and Bloomberg recently…

India’s Fuel Demand Jumps To Record High

Jun 09, 2023 at 07:34 | Tsvetana Paraskova

India’s fuel sales surged in May from a year earlier and from April to new highs, suggesting that oil demand in the world’s third-largest crude importer is strengthening and could…

Japan Calls On Tokyo Residents And Industry To Save Energy

Jun 09, 2023 at 04:45 | Tsvetana Paraskova

For a second consecutive year, Japan’s government is asking households and industries in Tokyo to save electricity this summer to ensure uninterrupted power supply in the hottest months July…

Oil Prices Headed For Weekly Loss Despite Saudi Arabia’s Production Cut

Jun 09, 2023 at 01:51 | Irina Slav

Crude oil was heading for the second week of losses in a row despite the additional production cut Saudi Arabia announced at last Sunday’s OPEC+ meeting. In morning trade in…

"Let the Market Decide": Exxon's Response To European Energy Policies

Jun 08, 2023 at 09:20 | Tsvetana Paraskova

Europe's climate and energy policies are very prescriptive and geared toward picking energy transition winners and losers instead of letting the market decide which solutions reduce emissions at the lowest…

Nuclear Fusion Remains Decades Away Despite Major Breakthroughs

Jun 08, 2023 at 09:04 | Haley Zaremba

After decades of progress so incremental and expensive that it may have seemed pointless, nuclear fusion technology finally had a breakthrough worth writing home about. Last year, a team of…

Putin And Saudi Crown Prince Discuss OPEC+ Oil Deal

Jun 08, 2023 at 08:58 | Tsvetana Paraskova

Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman discussed in a telephone conversation ensuring stability in the energy market and praised the cooperation within the OPEC+ deal,…

Auto Giants Slash Prices, Drive Chinese Auto Market Upturn

Jun 08, 2023 at 08:57 | ZeroHedge

Retail sales of passenger vehicles scorched higher in May, with 1.76 million units sold, according to preliminary data from the China Passenger Car Association released this…

Study Shows Why Organic Solar Cells Are Degrading So Fast

Jun 08, 2023 at 08:53 | Brian Westenhaus

University of Cambridge scientists have now revealed an important reason why organic solar cells rapidly degrade in outdoor operation. Organic solar cells show great promise…

Is Recycling The Answer To Rare Earth Shortages?

Jun 08, 2023 at 08:26 | Ag Metal Miner

Via AG Metal Miner After a sharp nosedive that lasted two months, the Rare Earths MMI (Monthly Metals…

Germany’s Regulator Warns The Energy Crisis Is Far From Over

Jun 08, 2023 at 04:00 | Tsvetana Paraskova

The energy crisis is not over yet, Klaus Müller, the president of Germany's energy regulator, told the Funke media outlet on Wednesday. Despite the fact that the levels of…

How Oil Executives Raked In Half A Billion In COVID Compensation

Jun 07, 2023 at 12:57 | Alex Kimani

It is common knowledge among business circles that aligning executives’ financial incentives with company strategy can help inspire management to deliver superior results. However, pay packages are not always commensurate…

WoodMac: $30 Billion In UK Energy Investments At Risk Ahead Of Elections

Jun 07, 2023 at 08:50 | City A.M

Some $30bn (£24.2bn) of investment in new UK energy projects is at risk if Labour wins the next election, a top energy consultancy has warned.

U.S. And Turkmenistan Join Forces To Tackle Methane Leaks

Jun 07, 2023 at 08:47 | Eurasianet

Following months of embarrassing stories in the international press documenting the scale of its methane emissions, Turkmenistan has consented to accept foreign help in solving the crisis.  Signs are, though,…

R&D Spending Surges In GCC’s Chemical Sector

Jun 07, 2023 at 08:36 | Oxford Business Group

Russia’s February 2022 invasion of Ukraine has reignited international debate about the pace of the global energy transition and the risks of relying on oil and gas imports from countries…

Spain On Track To Generate 50% Of Its Power From Renewables In 2023

Jun 07, 2023 at 08:22 | Rystad Energy

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…

The Single Most Important Factor For Oil Prices This Year

Jun 07, 2023 at 07:51 | Tsvetana Paraskova

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…

EIA Boosts U.S. Oil Production Forecast For 2023

Jun 07, 2023 at 00:53 | Charles Kennedy

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…

India Unveils Battery Storage Subsidy Scheme As Part Of Renewable Push

Jun 06, 2023 at 08:49 | Michael Kern

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…

Sub-Zero Battery Tech Could Be A Game-Changer For Electric Cars

Jun 06, 2023 at 08:35 | Brian Westenhaus

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…

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