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Home2024February

Month: February 2024

Pilbara Minerals
Rare Earth Minerals

Pilbara Minerals upgrades offtake deal with Chengxin Lithium

February 7, 2024 Stu Turley

  Australian lithium producer Pilbara Minerals (ASX: PLS) has amended a spodumene-concentrate supply deal with lithium chemicals producer Chengxin Lithium Group, raising agreed sales volumes and extending the contract duration. Under the existing short-term agreement, signed […]

Ivanhoe
Rare Earth Minerals

Ivanhoe, Trafigura to be first users of Lobito Atlantic Railway Corridor

February 7, 2024 Stu Turley

  Canada’s Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) and commodities trader Trafigura inked on Wednesday deals to transport copper by rail from the Democratic Republic of Congo to neighbouring Angola’s port of Lobito. The agreements make […]

Mediterranean Corridor
Geopolitical

Analyzing The Mediterranean Corridor’s Provisionally Planned Extension To Lvov

February 7, 2024 Mariel Alumit

The case can be made that the Mediterranean Corridor’s provisionally planned extension to Lvov is a pilot project that doesn’t presage the bloc’s intent to prepare for relocating the Ukrainian capital to there like Medvedev […]

Net-Zero
Climate Crisis

The True Costs Of Net-Zero Are Becoming Impossible To Hide

February 7, 2024 Mariel Alumit

Britain Boiler Tax Scandal In the latest green fiasco, UK Prime Minister Rishi Sunak created a quota system that would require manufacturers to sell more heat pumps to households. Instead of meekly complying with the […]

Oil Market
Crude Oil News

Oil Market Needs $14 Trillion: OPEC Secretary General

February 7, 2024 Mariel Alumit

The global oil market will require $14 trillion in investments over the next 20 years if oil-producing nations hope to be able to fulfill global energy demands through 2045, OPEC’s Secretary General Haitham al-Ghais said […]

QatarEnergy
LNG

QatarEnergy, India’s Petronet LNG seal long-term supply deal

February 7, 2024 Stu Turley

State-owned LNG giant QatarEnergy has signed a long-term contract with India’s largest LNG importer Petronet LNG. Under the 20-year sales and purchase agreement, Petronet will buy around 7.5 mtpa of LNG from QatarEnergy. Petronet said […]

U.S. natural gas
EIA News

U.S. natural gas consumption established a new daily record in January 2024

February 7, 2024 Mariel Alumit

Data source: S&P Global Commodity Insights On January 16, 2024, a record high of 141.5 billion cubic feet (Bcf) of natural gas was consumed in the U.S. Lower 48 states (L48), exceeding the previous record set […]

North Carolina
Electrical Generation / Utilities

In North Carolina, Duke Energy to offer rebates for rooftop solar paired with batteries

February 7, 2024 Mariel Alumit

  It’s called the “solar coaster:” The ups and downs the industry faces as solar-friendly policies ebb and flow. And in North Carolina, rooftop installers are in the middle of one wild ride. On the […]

TotalEnergies
Earnings

TotalEnergies reports lower LNG earnings, sales

February 7, 2024 Mariel Alumit

France’s TotalEnergies said on Wednesday that the company’s integrated LNG business logged a decline in its adjusted net operating income in the fourth quarter of 2023 due to lower prices. The company’s integrated LNG adjusted […]

Venezuelan oil sanctions
Crude Oil News

Venezuelan oil sanctions to return in April – Or will they be pushed out?

February 7, 2024 Mariel Alumit

The US has announced the expiration of Venezuela’s oil sanctions exemption in April. Last October, Washington issued a six-month general licence for transactions involving Venezuela’s oil and gas sector following an electoral roadmap agreement signed […]

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