In 2023, gasoline consumption was where it had been 20 years ago, even as miles driven eked out a record, on more efficient ICE vehicles and the shift to EVs. By Wolf Richter for WOLF STREET. Gasoline consumption […]
CNOOC The government of the UK has decided to extend the windfall tax on oil and gas firms by an additional year putting 42,000 jobs in jeopardy. The 35% surcharge on profits due to high […]
CNOOC’s Binhai LNG import terminal in Jiangsu (Image: CNOOC Gas & Power) China’s natural gas imports, including pipeline gas and LNG, rose in January-February compared to the same period last year, according to customs data. […]
ShipyardsTankers In the first two months of 2024, crude tanker newbuild contracting surged to 7.4 m dwt, a 490% leap year-on-year, due to a rise in orders for VLCCs, according to data from shipping organisation […]
Top officials from across the shipping industry have expressed their feelings about the first loss of lives from the five-month old Red Sea shipping crisis. The Houthis fired a missile yesterday at the True Confidence, […]
Québec-focused gold junior O3 Mining (TSXV: OIII) has been named winner of the 2024 PDAC Award for Sustainable Development, considered one of the most prestigious recognitions in the Canadian exploration sector. This award is […]
Lithium Argentina (TSX: LAAC; NYSE: LAAC), the recent spinout of Lithium Americas (TSX: LAC; NYSE: LAC), says it is selling 15% of its Pastos Grandes project in Argentina to a subsidiary of China’s Ganfeng Lithium for C$70 million ($51.7m). […]
The metals and mining industry saw a significant rise in merger and acquisition (M&A) activity in 2023 —driven by the global energy transition, a theme market analysts expect to continue in 2024. Global investment in clean […]
The US Department of Commerce announced on Tuesday preliminary countervailing duties on aluminum extrusions from China, Indonesia, Mexico and Turkey, citing unfair subsidies. The DOC calculated countervailing duties from each country in the following […]
Junior miners at this week’s Prospectors and Developers Association of Canada (PDAC) convention say recently proposed new rules on short-selling could help stem the bleeding in their stocks, which are especially vulnerable to the […]
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