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Home2023February

Month: February 2023

Oil
Crude Oil News

Oil Swings Within Narrow Band as China Demand Starts to Recover

February 17, 2023 Mariel Alumit

Oil fluctuated, remaining within a recent narrow range, as investors assessed more evidence of higher energy demand in China and a large build in US crude stockpiles. West Texas Intermediate turned higher after earlier shedding […]

LNG
EnergyNews

U.S. natgas rises 3% as gas flows to LNG plants hit 8-month high

February 17, 2023 Mariel Alumit

U.S. natural gas futures rose about 3% on Thursday as the amount of gas flowing to liquefied natural gas (LNG) export plants rose to a fresh eight-month high, with Freeport LNG’s plant in Texas receiving […]

Legislation
Energy Policy

Commentary: Rare Bipartisan Legislation Passes House, Awaits Action From Senate – Energy Workforce President Tim Tarpley

February 17, 2023 Mariel Alumit

Analysis by Energy Workforce President Tim Tarpley On January 12, H.R. 22 — legislation that would ban sales from the Department of Energy controlled Strategic Petroleum Reserve (SPR) to any entity affiliated with China — […]

EnergyNews

The Inconvenient Truth About Sustainable Investing

February 17, 2023 Mariel Alumit

Courtesy of Shutterstock Courtesy of ENERGYminute See more articles and infographics from ENERGYminute HERE The King of Climate himself, Al Gore, has quietly grown one of the largest sustainability investment funds in the world. But for […]

OPEC+
Crude Oil News

OPEC+ Deal Will Stay in Place All Year, Saudi Minister Says

February 17, 2023 Mariel Alumit

​The OPEC+ alliance plans to stick with an oil deal agreed in late 2022 for the rest of the year, Saudi Arabia’s energy minister said, reinforcing earlier signals from the group. In October, OPEC and […]

Geopolitical

Second Russian Aircraft Intercept Over Alaska Within 48 Hours

February 17, 2023 Mariel Alumit

NORAD on Thursday has belatedly acknowledged a second Russian aircraft intercept incident this week, after earlier confirming the initial one involving four inbound Russian planes, which happened Monday. “For the second time this week, NORAD […]

ENB Daily Standup

Daily Energy Standup Episode #63 -Record credit card dept may hit less demand for gas, China starts buying Russian Crude, Barclays to stop buying oil sands

February 17, 2023 Andy Del Prado

Chinese Refining Giants Resume Purchases Of Russia’s Flagship Crude Troubling signs emerge as credit card debt hits record high Carbon Offset Market Could Reach $1 Trillion With Right Rules Barclays Vows To Stop Financing Oil […]

Electric Vehicles

Foran sees resource growth potential at Tesla discovery

February 16, 2023 Mariel Alumit

Foran Mining (TSXV: FOM; US-OTCQX: FMCXF) has released initial drill results from the 2023 winter program at the Tesla copper-zinc-gold-silver discovery, about 300 metres north of its McIlvenna Bay deposit in Saskatchewan. Several intersections highlighted […]

Finance

Piedmont Lithium, LG Chem sign equity investment and offtake agreements

February 16, 2023 Mariel Alumit

​ Piedmont Lithium (NASDAQ: PLL ,ASX:PLL) announced Thursday that it has signed agreements with LG Chem for a $75 million equity investment and offtake of 200,000 metric tons of spodumene concentrate from Piedmont’s jointly-owned North […]

Copper
Commodities

Copper price rebounds on Chinese demand revival hopes

February 16, 2023 Mariel Alumit

​ Copper price rose on Thursday as the dollar weakened and investors looked ahead to an expected revival in demand in China. Copper for delivery in March rose on the Comex market in New York, […]

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