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Home2024February

Month: February 2024

American Rare Earths
Critical Minerals

American Rare Earths raises $8.7 million to advance Halleck Creek project in Wyoming

February 29, 2024 Mariel Alumit

  American Rare Earths (ASX: ARR) announced it has secured commitments for a placement to raise $A13.5 million ($8.7m) to further develop eco-sensitive and cost-effective extraction and processing methods at advance its flagship project, Halleck […]

Core Services
Finance

Worst Monthly Spike of “Core Services” PCE Inflation in 22 Years, and Not Just Housing: Powell’s Gonna Have Another Cow

February 29, 2024 Mariel Alumit

Core services inflation dished up bad head fakes last time we had this mess in 1966-1982. Mention of a rate hike crops up in a Fed speech. By Wolf Richter for WOLF STREET. Over the past year or […]

BP
Big Oil Companies

BP to Invest $1.5B in Egypt

February 29, 2024 Mariel Alumit

BP Plc plans to invest about $1.5 billion in Egypt during the next few years as it seeks to develop gas projects and drilling in the North African country. The spending, which will be net […]

Texas
Exploration and Production

Texas Fires Threaten Nuclear Weapons Plant to Oil Refining

February 29, 2024 Mariel Alumit

Rampaging wildfires burning through Texas are threatening everything from oil refineries to cattle ranches and prompted a temporary evacuation of the main US nuclear weapon assembly plant. Texas Governor Greg Abbott issued a disaster declaration for 60 counties as […]

Wind Turbines and Solar Panels
Energy Storage

Wind Turbines and Solar Panels are Aging Prematurely

February 29, 2024 Mariel Alumit

Key Takeaways 1. Wind turbines and solar panels are not living up to their longevity claims, increasing costs and filling up waste disposal sites. 2. Inverters in solar facilities, required to convert direct current into […]

Nickel-based electrode material
Critical Minerals

Nickel-based electrode material opens doors to cobalt-free batteries

February 29, 2024 Mariel Alumit

  An international team of researchers has developed a nickel-based electrode material that opens new avenues to cobalt-free batteries for electric vehicles. In a paper published in the journal Energy Storage Materials, the scientists explain […]

Oil Prices
Big Oil Companies

Oil Prices Dip Despite Production Cut Hopes As Unexpected Inventory Build Emerges

February 29, 2024 Mariel Alumit

Oil Prices Dip Despite Production Cut Hopes as Unexpected Inventory Build Emerges U.S. crude oil inventories unexpectedly surged, pushing oil prices lower despite anticipation of extended production cuts by OPEC+. The American Petroleum Institute (API) […]

Hydrogen Car
Hydrogen

Some Hydrogen Car Owners Are Still Waiting for the Future to Arrive

February 29, 2024 Mariel Alumit

DEBRA SNELL THOUGHT she did her research. Before she and her husband signed the paperwork on their new red Toyota Mirai last March, they went to a hydrogen fueling station near their home in Grass Valley, California, northeast […]

West Virginia
Coal

Officials examine the presidential impact on coal in West Virginia

February 29, 2024 Mariel Alumit

Former President Donald Trump won nearly 70% of the West Virginia vote during both of his election runs. While there were many reasons residents voted in his favor, his support of the coal industry may […]

Germany
Energy Crisis

German Deindustrialization Is A Wake-Up Call For U.S. Manufacturers

February 29, 2024 Stu Turley

For generations, Germany has been a manufacturing powerhouse. The country was in the vanguard of the industrial revolution in the nineteenth century, establishing dominant positions in electrical components manufacturing and chemical production. Devastated by WWII, […]

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