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Home2023January

Month: January 2023

Gas
Energy Crisis

Crisis Over? Europe’s Gas Stocks At Seasonal Record High

January 18, 2023 Mariel Alumit

By John Kemp, senior energy market analyst Northwest Europe is half-way through the winter heating season and gas inventories are at a record high following an extended period of exceptionally mild temperatures since the middle […]

Lithium
Critical Minerals

U.S. Lithium Production Is Set To Explode

January 18, 2023 Mariel Alumit

The Inflation Reduction Act, which has been described as “the most significant climate legislation in U.S. history”, is an attempt to kickstart the U.S. renewable energy and EV industries. In order for the U.S. energy […]

OPEC
Crude Oil News

OPEC Expands Control Of Oil Markets As Shale Growth Stalls

January 18, 2023 Mariel Alumit

U.S. shale may only add 500,000 bpd in 2023.  A number of factors from labor shortages to lack of external capital to exhaustion of sweet spots constrain growth in the U.S. shale patch. Goldman Sachs’s […]

Price
International News

Big Oil’s good times set to roll on after record 2022 profits

January 18, 2023 Mariel Alumit

Profits are forecast to decline to $158 billion this year due to weaker energy prices and inflationary concerns, but that would still be well above the previous 2011 record, according to analysts estimates provided by […]

Greta Thunberg
Climate Crisis

Greta Thunberg Detained By Police

January 18, 2023 Mariel Alumit

Authored by Thomas Brooke via Remix News, Swedish climate activist Greta Thunberg has slammed Germany’s left-wing government, accusing the Green party of “really embarrassing itself” by sanctioning a new coal-lignite mine in the latest sign […]

Price
International News

India’s Adani partners with Leyland, Ballard to make hydrogen fueled electric truck

January 18, 2023 Mariel Alumit

The project led by Adani, will have Ballard supply the fuel cell engine, while Indian truck maker Ashok Leyland will provide vehicle and technical support for the project. India’sAdaniEnterprises Limited (AEL) said on Tuesday that […]

Skeena
Rare Earth Minerals

Skeena Resources signs Process Charter for Eskay Creek gold project in British Columbia

January 17, 2023 Mariel Alumit

​Skeena Resources (TSX: SKE, NYSE: SKE) announced Tuesday the signing of the permitting Process Charter and other key milestones in the approval process for the Eskay Creek gold-silver project located in Tahltan Territory in the Golden Triangle of […]

China
Rare Earth Minerals

Copper price retreats on weak economic data from China

January 17, 2023 Mariel Alumit

​ The copper price fell on Tuesday as weak economic data from China punctured a speculator-driven rally. Copper for delivery in March fell 0.3% on the Comex market in New York, to $4.20 per pound, […]

Minerals
Rare Earth Minerals

Wealth Minerals delivers first resource estimate for Ollagüe lithium project in Chile

January 17, 2023 Mariel Alumit

​Credit: Wealth Minerals Lithium developer Wealth Minerals (TSXV: WML) reached a significant milestone on Tuesday with the release of the first resource estimate for its Ollagüe project in Chile. This NI 43-101 resource estimate — […]

natural gas
Energy Crisis

A liquid natural gas (LNG) terminal at Inkoo, on the south coast of Finland, is now operational, public broadcaster Yle reports.

January 17, 2023 Mariel Alumit

Esa Hallivuori SVP of transmission business at state natural gas supplier Gasgrid said: “Everything has now been finalized and tested,” Yle says on its English-language page. “This means that the customers of our terminal can begin to […]

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