Copper hit a three-month high as it headed for its biggest monthly advance since January, supported by growing optimism over Chinese demand and mounting supply risks in Chile On the demand side, Beijing’s leadership has […]
Exxon Mobil Corp. plans to invest billions of dollars in low-carbon segments like carbon capture, biofuels and hydrogen. But the U.S. supermajor is also evaluating opportunities in lithium production, Exxon CEO Darren Woods said. As the […]
Sky News host Rowan Dean says Sweden has rejected Vattenfall’s offshore wind farm project because it would negatively affect the environment. “Take note, Chris Bowen, take note Labor,” Mr Dean said. “Negative effects on the […]
Brazil, with 14.9 billion barrels of proven reserves, is aiming to boost oil output to 5.4 million barrels per day by 2029, potentially becoming the world’s fourth-largest oil producer. Guyana, following a series of discoveries […]
The daughter of World Economic Forum founder Klaus Schwab has boasted that permanent ‘climate lockdowns’ are coming, whether people like it or not. According to Nicole Schwab, the COVID pandemic was a “tremendous opportunity” to […]
(Bloomberg) — The first thing that greets visitors entering the headquarters of billionaire Harold Hamm’s Continental Resources Inc. is a 9-foot-long statue of a snarling bull named Boe. Boe — short for barrels of oil […]
ATLANTA (AP) — The first new U.S. nuclear reactor to be built from scratch in decades is sending electricity reliably to the grid, but the cost of the Georgia power plant could make it a […]
July 31, 2023 Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, and S&P Global Commodity InsightsNote: LNG=liquefied natural gas. LNG feed gas=natural gas delivered by pipelines to LNG export terminals. Natural gas […]
Authored by Robert Rapier via OilPrice.com, U.S. coal demand has decreased due to the increased availability of natural gas, growth in renewable energy sources, and stricter environmental regulations. Despite the decline in the US, global […]
Large cross-country transmission lines carrying clean energy from remote rural areas to population centers will be a key strategy for reducing emissions. But as a project in Minnesota illustrates, the grid puzzle is more complicated […]
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