Oil Price Unprecedented uncertainty in natural gas demand and policies and low levels of investment in new production risk creating fresh energy crises and undermining energy security and climate goals as it would stall the […]
The conflict has reportedly revived US interest in making munitions for West Jerusalem’s missile defense system The Israel-Hamas war has reportedly created a potential opportunity for US weapons manufacturers to make missiles for West Jerusalem’s […]
China will now limit how much battery metal it exports, potentially casting a cloud over the future of the globe’s transition toward electric vehicles. Why it matters: It’s difficult to make an EV today without metal from […]
HOUSTON, Oct 23 (Reuters) – Chevron (CVX.N) agreed to buy U.S. rival Hess (HES.N) for $53 billion in stock in a deal that reflects top U.S. energy companies drive for oil and gas assets in a world seeking lower-risk future fossil […]
Dutch Minister of Climate and Energy Rob Jetten admits that wind power is facing serious financial headwinds. Jetten: consumers should expect substantially higher electricity prices than initially anticipated. The increased costs are not primarily linked […]
French giant TotalEnergies has sold its remaining stake in Canada’s Fort Hills oil sands project to Suncor for $1.07 billion. TotalEnergies said on Wednesday that it inked an agreement to sell Suncor all shares in […]
Turnover between Moscow and Beijing could surpass $200 billion by the end of the year, Igor Sechin has suggested Moscow is on course to become Beijing’s largest foreign trade partner, after the US, Rosneft CEO […]
World Oil (Bloomberg) – War in the Middle East could cause the oil price to surge to $140 a bbl and bring the world to the brink of a recession, according to Ana Boata, head […]
Nasdaq HOUSTON – Venezuelan state-run oil company PDVSA has begun contacting customers with crude supply contracts amid the temporary lifting of U.S. sanctions, two people familiar to the matter said on Thursday, moving to resume cash […]
Oil Price Around $7 trillion in global investments in natural gas supply are necessary to ensure enough gas and avoid supply crunches through 2050, according to the Institute of Energy Economics, Japan (IEEJ). Source: Oil […]
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