One month after Elon Musk met with top Chinese officials, praised the country’s technology development, and visited Tesla’s Shanghai factory, the world’s richest man signed a truce with Chinese automakers to end the yearslong brutal […]
For those fascinated by the narrative that AI will cause a margin-busting corporate revolution as millions of mid-level employees are replaced by a cheap “bullshitting” AI algo, then today’s latest JOLTS report will come as […]
Oil prices are down this morning after the ‘good news is bad news’ data from the US offsetts additional production-cut announcements this week from OPEC-plus members Saudi Arabia and Russia. Crude remains about 10% lower […]
Vienna, 5 July (Argus) — Representatives of the oil and gas sector today noted the influence of the energy transition on their industry and changes they commit to make, delegates heard at the Opec seminar […]
An increase in energy storage capacity will unlock the power of renewables and, ultimately, play a key role in unlocking a successful energy transition. By pairing more renewable energy projects with energy storage, renewable energy […]
Egypt’s energy sector expects to attract $8 billion in foreign investment in the coming fiscal year as the country looks to boost its natural gas production. The investments will be allocated to developmental and operational activities […]
ExxonMobil (NYSE: XOM) expects to book sharply lower second-quarter earnings compared to the same period last year and to the first quarter, due to low natural gas prices and lower refining margins. For the first […]
Even with low transition 2.4 ̊ C scenario, minerals and metals needed for lower-carbon technologies face shortages by 2030, consultancy calculates The world is heading for a turbulent period of energy transition where constraints on […]
The opposition leader, Peter Dutton, has ramped up calls for nuclear power in Australia, casting the move as a way to avoid dependence on wind and solar technology from China and a natural next step from […]
(Reuters) – Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of […]
Copyright © 2025 | Sandstone Group