Part of the reason oil prices went lower rather than higher last week despite the OPEC+ announcement was the suspicion that some of the cuts will remain so only on paper. Because of algorithms-driven trading, […]
Sultan Al Jaber, who is state oil CEO, had said phase-out of fossil fuels would take world ‘back into caves’ The president of Cop28 has been forced into a fierce defence of his views on […]
Few countries are more aware than Germany of how important it is to keep public finances in order. But few countries have indulged in more creative accounting. As Germany’s highest court ruled current spending plans […]
Copper advanced to the highest level in 11 weeks on concerns over the looming shutdown of a large mine in Panama and amid expectations of a widening ore supply deficit in 2024. The Panama government has […]
During the 1980s-2000s, the U.S. and Europe intentionally transferred their manufacturing and industrial sectors to China. Since 2015, we have been intentionally transferring our energy security to China. The chart below illustrates the utter futility […]
Summary of Wind Turbine Accident data to 30 September 2023 The table includes all documented cases of wind turbine related accidents and incidents which could be found and confirmed through press reports or official information […]
This summer, natural gas covered almost half of United States electricity demand For the very first time, on 28 August 2023, the United States met more than of half of its electricity demand from natural […]
(Bloomberg) — Six major oil companies each contributed tens of millions of dollars to a grant fund meant to help state-owned rivals cull the release of super-warming methane emissions, but Chevron Corp. and Exxon Mobil […]
Gold prices notched another record to kick off the week — with spot prices touching $2,100 an ounce as the global rush for bullion appears set to continue. Spot gold briefly traded above $2,100 an ounce on Sunday […]
Electric-vehicle owners are finding a surprising downside to their new wheels: They tend to be expensive to repair after a crash. When Scott MacFiggen’s neighbor backed into his Rivian R1T pickup truck last summer, the […]
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