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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...
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...
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...
Standard Chartered: Oil Markets Must Now Price Two Middle East Chokepoints
Oil prices gave up earlier gains on Friday after reports that Pakistan is trying to broker a return to U.S.-Iran nuclear negotiations. China is strongly backing the effort as the conflict and the clos ...
U.S. Jet Fuel Costs Soar as Iran War Hits Airlines Again
U.S. airlines are grappling with soaring jet fuel costs again after the return of hostilities in the Middle East shattered the three-week-long U.S.-Iran ‘deal to make a deal’ and sent Brent crude oil ...
Argentina’s Oil Production Soars as Vaca Muerta Breaks New Records
Argentina’s massive shale oil and gas boom is going from strength to strength. The economically crisis-prone South American country yet again reported record monthly oil and natural gas production for ...
Molten Salt Reactors Just Cleared A Major U.S. Regulatory Hurdle
domestic nuclear energy sector is set to bounce back as the technology finds favor among the public and policymakers alike for its ability to provide round-the-clock clean energy. At a time when data ...
Oil Market's Glut Narrative Just Blew Up
Less than a month ago, analysts were warning of a looming glut of crude oil as tanker traffic via the Strait of Hormuz began to recover amid a U.S.-Iran ceasefire. Within days of these warnings, the c ...
Can an AI Black Box Be Trusted to Run a Nuclear Reactor?
China has unveiled a daring new plan to integrate artificial intelligence throughout the nuclear energy life cycle. This week, at the World Artificial Intelligence Conference (WAIC) in Shanghai, resea ...
The Carbon Capture Boom Is Starting to Crack
Carbon capture and storage (CCS) technology grew in popularity during the Covid-19 pandemic as several governments and private companies pledged to support a green transition. The use of CCS was expec ...
UCLA Scientists Turn Plastic Waste Into Pure Hydrogen Fuel
Green hydrogen was supposed to be a silver bullet solution for decarbonizing hard-to-abate sectors like shipping and steelmaking. It was the buzziest technology out there – and then it fizzled out com ...
The Strait of Hormuz Closure Is Already Hitting Supermarket Prices
Crop prices just hit a three-year high, indicating major downstream pain soon to come at the supermarket. There are two major factors leading to high crop prices and a potential global food crisis: he ...
The Red Sea Is Becoming Saudi Arabia's Biggest Oil Bottleneck
For years, Saudi Arabia's strategic answer to any disruption in the Strait of Hormuz has been remarkably straightforward. If volumes via the Persian Gulf were threatened, the answer was to pump west t ...
Russia's Biggest Black Sea Oil Port Goes Quiet as Drone Threat Grows
Russia's largest Black Sea oil export terminal has effectively gone offline just days after drone attacks shut down the neighboring Caspian Pipeline Consortium terminal, tightening another artery that ...
$4,000 Gold Is Changing Lives Across Central Asia
As the price of gold has hovered around $4,000 an ounce in recent weeks, the men in the small-scale mines north of the village of Soykechar in Uzbekistan have watched every bounce and slide. They pull ...