Crude Oil News
Everybody Loves Oil Again
The reopening of the Chinese economy and hopes that the world can avoid a recession have spurred traders to buy oil and fuel futures at the fastest pace since 2020. The bulk of purchases was […]
Articles by Mariel Alumit
Investments
US Oilfield Services Firms Money Policy Could Hinder Industry Growth
Like E&Ps, oilfield services companies are prioritizing cash generation and distributions to shareholders which could be a constraint on the industry’s growth. Supply chain problems are a common issue across the industry. New Wood Mackenzie […]
Crypto
Central Bank Digital Currencies Would Bring Hyperinflation
Authored by Daniel Lacalle, There are many excuses often used to explain inflation. However, the fact is that there is no such thing as “cost push inflation” or “commodity inflation.” Inflation is not an increase […]
Rare Earth Minerals
New device converts wave energy into electricity to power tsunami, hurricane sensors
Researchers at the US’ Pacific Northwest National Laboratory are working on the development of a new cylindrical triboelectric nanogenerator (TENG)—a small powerhouse that converts wave energy into electricity to power devices at sea. The goal […]
Rare Earth Minerals
Australian startup Recharge to buy failed Britishvolt
Australian startup Recharge Industries, which is building a lithium ion cell factory at home, is set to buy Britishvolt, a UK company that collapsed last month after struggling to fund a major electric vehicle (EV) […]
EIA News
More than half of new U.S. electric-generating capacity in 2023 will be solar
February 6, 2023Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory, December 2022 Reposted to correct the planned capacity of Guernsey Power Station. Developers plan to add 54.5 gigawatts (GW) of new utility-scale […]
Rare Earth Minerals
First Quantum suspends loading operations at Cobre Panamá port
First Quantum (TSX: FM) said on Monday its subsidiary Minera Panama, the operator of the Cobre Panama copper mine, has suspended concentrate loading operations at the Cobre Panamá port. According to the company, a resolution […]
Rare Earth Minerals
Mammoth gold miner in the making after Newmont’s $17bn bid for Newcrest
Newmont Mining (NYSE: NEM)(TSX: NGT), the world’s largest gold producer, is seeking to build a global gold superpower by approaching Australia’s no.1 miner of the yellow metal, Newcrest Mining (ASX, TSX: NCM), with a $17 […]
Rare Earth Minerals
Sibanye-Stillwater gets key permit for Keliber lithium project
Sibanye-Stillwater (JSE: SSW, NYSE: SBSW) has received the environmental permit for its Keliber lithium mining and processing project in Finland. According to the company, the approvals for the project’s Rapasaari mine and Paivaneva concentrator include the right to […]
Aljazeera International
Sri Lankans lament Independence Day pomp amid economic crisis
Sri Lankans have protested in the capital Colombo against the government’s decision to organise a pompous military parade to mark 75 years of independence from British colonial rule at a time when the country is […]