The iron ore price rollercoaster combined with a growing amount of the steel-making ingredient commodity piling up at Chinese ports has spooked some shipowners in recent days. Analysts remain divided on how to read Chinese […]
Suez Canal Authority Bloomberg is reporting that Yemen’s Houthis will not target Chinese and Russian ships passing through the Red Sea and Gulf of Aden. Citing unnamed sources, the financial newswire says an agreement has […]
AD Ports Group has sealed a deal to acquire majority ownership in the Tbilisi Dry Port in Georgia. The agreement with Inveco, who owns the project with Wilhelmsen, will see the Abu Dhabi-based ports and […]
Germany is an example of what interest-rate repression and QE do to home prices, and what happens when raging inflation causes those policies to be reversed. By Wolf Richter for WOLF STREET. Prices of existing homes in Germany – […]
Czech conglomerate ÈEZ Group is acquiring a 55.21 percent stake in GasNet, the Czech Republic’s leading gas distribution infrastructure operator, in a move to transition from coal-powered energy generation to natural gas and hydrogen. CEZ […]
Advances in oil and gas drilling have cut costs for a form of clean power that could help replace fossil fuels, according to the Department of Energy. Now the agency is going all in on […]
MIDLAND, Mich. — Natural gas and nuclear power lead the rest of the class in generating clean and affordable energy, according to a new national energy report card created by Northwood University in partnership with the Mackinac […]
Rishi Sunak risks further criticism from green campaigners after throwing his weight behind the building of new gas-fired power stations, saying he will “not gamble with our energy security”. The government will on Tuesday announce […]
March 21 (UPI) — Texas has joined 15 other states in suing to block the Biden administration’s ban on approving applications to export liquefied natural gas exports, state Attorney General Ken Paxton announced Thursday. The lawsuit argues the […]
We increased our forecast prices for crude oil and petroleum products for the remainder of 2024 in our March Short-Term Energy Outlook (STEO) following the announcement that OPEC+ will extend the existing voluntary production cuts through the second quarter of 2024. […]
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