A slowdown in the growth of electric vehicle (EV) demand has led to entire mines being shut down as the supply of rare earth minerals essential for EV components exceeds demand, according to The Wall […]
As the largest oil producer in the world, the health of the U.S. oil industry has a major impact on global oil markets. Despite technological gains and increased production, challenges like economic slowdowns and equipment […]
When the world’s most valuable lithium company last year announced plans for a $1.3 billion plant in South Carolina, local officials hailed it as transformative for the Palmetto State. The high-tech project from Charlotte, N.C.-based […]
Toyota’s hybrid vehicles and investment in solid-state batteries pose a significant challenge to Tesla’s market dominance in electric vehicles. Despite Tesla’s high valuation and innovation, Toyota’s cheaper stock price and potential in hybrid and solid-state […]
Attacks on Red Sea shipping from Yemen’s Iran-backed Houthis escalated overnight when missiles hit a commercial vessel and forced the crew to evacuate. There are also reports a US drone was knocked out of the […]
President Biden announced a temporary pause on LNG exports to address climate change concerns and assess domestic energy needs. The decision could impact pending LNG projects, raise energy prices, and spark political debates. Critics argue […]
Energy and climate ministers from around the world have asked the International Energy Agency to expand its role in ensuring global gas security in the face of supply disruptions and price volatility. Officials requested the agency’s governing […]
(WO) – Amidst shifting market dynamics, the oil and gas industry faced a significant quarter-on-quarter (QoQ) decline of 16% in disclosed contract volume from 1,401 in Q3 2023 to 1,172 in Q4 2023. Despite this […]
(WO) –Morgan E&P, LLC, a wholly-owned subsidiary of Equus, has completed its first two wells in Billings County, North Dakota, the Baranko 1-28H and the Obrigewitch 1-33H. Morgan received its drilling permits from the North […]
Fervo Energy is getting a lot better at drilling holes. According to data presented this week at Stanford University, it took the company 71 days to drill a geothermal well back in 2022. But last […]
Copyright © 2025 | Sandstone Group