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EU Locks In Plan To Triple Energy Storage Capacity By 2030
Europe desperately needs an energy storage revolution. As the region gets rocked by the third energy...
Oil Traders Stay Bearish Despite Deepening Middle East Disruptions
Despite continued hostilities in the Middle East and an expansion of the war to the Red Sea, oil tra...
S&P closes at record high as soft jobs report eases rate-hike concerns
STORY: U.S. stocks rallied on Friday, with the Dow gaining more than a quarter of a percent, the S&P...
Shell Moves to Exit French Fuel Retail Market in Strategic Pivot
Shell plans to sell its network of about 60 service stations in France in a deal that could be finalized early next year, French daily Les Echos reported on Tuesday, quoting a communication the UK-bas ...
Oil Prices Rise as U.S.-Iran Peace Hopes Fade
Crude oil prices ticked higher today as hopes for a peace deal between the United States and Iran faded further, after President Trump called Iran’s response to a U.S. peace deal proposal “garbage”. I ...
Who’s Going To Fold First In The U.S.–Iran High Stakes Game?
As in all poker games, the player with the deepest pockets will ultimately win if he is prepared to stay at the table, and so with the high-stakes game of the U.S.-Iran War. The contents of a confiden ...
Why Seed Patents Make America’s Food System More Vulnerable
I'm shocked, shocked, to find out that the Chinese are stealing America's agricultural technology! It can hardly come as a surprise that the Chinese government actively encourages and organizes the th ...
Oil Prices Jump After Trump Rejects Iran’s Peace Proposal
Oil prices rallied on Monday morning after U.S. President Donald Trump rejected Iran’s response to a U.S. peace proposal, “I don’t like it – totally unacceptable,” Trump said in a Truth Social post, q ...
BP, Shell, TotalEnergies Pocket Billions in War-Driven Trading Windfall
The European oil majors with the biggest trading desks raised their trading profits by up to $4.75 billion in the first quarter from the end of last year, amid extreme market volatility driven by the ...
Europe's Renewable-Plus-Battery Market Set to Quintuple by 2030
Capacity installations of renewable energy co-located with batteries for storage are expected to surge in Europe from 6 gigawatts in 2025 to as much as 35 GW by 2030, a new report by Aurora Energy Res ...
Japan Receives First Central Asian Crude Since Iran War Began
Japan is set to receive this week the first crude tanker from Central Asia since the war in Iran began, the Japanese Industry Ministry said on Monday. A tanker shipping Azerbaijani crude is expected t ...
Morgan Stanley: Oil Buffers Could Run Out Before Hormuz Reopens
Most of the market buffers that have stopped oil futures prices from rallying to record highs could vanish before the reopening of the Strait of Hormuz, which puts the market in a “race against time,” ...
China CPI Jumps as Middle East Crisis Pushes Energy Costs Higher
China's consumer inflation accelerated to 1.2% in April, topping analyst estimates, as the Middle East crisis drove a surge in energy prices. The Chinese consumer price index (CPI) rose by 1.2% last m ...
Global Coal Demand Surges as Middle East Energy Crisis Deepens
Global coal shipments and imports surged in March and April as buyers scrambled for fuel amid massively disrupted oil and gas supply from the Middle East. The trend has been accelerating in recent wee ...
Modi Urges Indians to Conserve Fuel as Oil Shock Spreads
India’s Prime Minister called on the nation to work from home, travel less, and conserve fuel to help the government save foreign exchange. “In the current situation, we must place great emphasis on s ...