A study by a team from MIT, with colleagues from Alfred University, UC Berkeley, and RIT, has found that supplies of cobalt—a critical material in some battery chemistries—is adequate in Continue Reading
At every stage of the battery development process, new technologies must be tested for months or even years to determine how long they will last. Now, a team led by Continue Reading
A fracking ban would cost millions of jobs, according to the American Petroleum Institute. A fracking ban would cost millions of jobs. That’s according to the American Petroleum Institute’s (API) Continue Reading
All told, the US could become the largest crude oil exporter within five years. While U.S. crude oil production has soared 160 percent to 13 million b/d in the shale-era Continue Reading
Just one day after the United States slapped sanctions on Rosneft’s subsidiary Rosneft Trading, oil trader Trafigura has announced that it will disentangle itself from the sanctioned company by mid-May Continue Reading
Gas production at Groningen, Europe’s largest gas field, will end in 2022, eight years earlier than planned due to the risk of earthquakes. The move will leave the continent’s gas Continue Reading
Crude oil futures were largely steady in mid-morning trade in Asia Wednesday after the US imposed sanctions on Russian oil major Rosneft Tuesday. Receive daily email alerts, subscriber notes & Continue Reading
A decline in the number of new coronavirus cases in China and mounting expectations for more policy stimulus boosted global stock markets on Wednesday, helping ease some of the alarm Continue Reading
Oil prices were near flat on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China, but prices drew support from a reduction in Continue Reading
World stocks markets were knocked off record highs on Tuesday as two of the world’s mega companies and Europe’s largest economy, Germany, reported damage from the coronavirus outbreak. Apple’s stock Continue Reading
When historians look back at the end of the 21st century’s second decade they will notice something remarkable. After 30 years of feeble efforts to stem greenhouse gases, people around Continue Reading
The geopolitical landscape is likely to be significantly modified by the energy transition from fossil fuels to renewable and low-carbon resources, both on the global and sub-national level, experts said Continue Reading
Fuel deliveries in the port of Tripoli were disrupted on Tuesday when a missile almost hit a highly explosive gas carrier and the national oil company ordered all fuel tankers Continue Reading
Iraqi forces are increasing security around southern oil fields and facilities in Basra province as OPEC’s second-largest oil producer continues to grapple with protests demanding political and economic change. Iraqi Continue Reading
U.S. Secretary of State Mike Pompeo on Wednesday said authorities in Washington were prepared to talk to Iran “anytime”, but that it needed to “fundamentally” change its behavior and that Continue Reading
A Dubai-based operator of ports and terminals around the world is returning to full state ownership with a proposed transaction and a subsequent delisting from Nasdaq Dubai. This could be Continue Reading
Offloading operations for fuel vessels in a port in Tripoli have been halted, Libya’s National Oil Corporation (NOC) announced on Tuesday, according to Reuters, as military forces led by Khalifa Continue Reading
Libya’s oil output is down to less than 125,000 b/d, a drop of more than 90% since the Libyan National Army imposed a blockade on the country’s five export terminals Continue Reading
The Nigerian National Petroleum Corporation, NNPC, Tuesday, decried the growing activities of oil thieves and pirates, stating that Nigeria lost about $750 million to oil theft in 2019. In a Continue Reading
India is aiming to become self-sufficient in thermal coal from the financial year 2023-2024, said Pralhad Joshi, the Union Minister of Coal and Mines Tuesday while chairing a brainstorming session Continue Reading
The Trump administration’s decision to sanction Rosneft’s trading arm Tuesday may be a sign that Chevron’s waiver allowing it to continue its work in Venezuela may soon expire, analysts said. Continue Reading
Thousands of containers of frozen pork, chicken and beef are piling up at some major Chinese ports as transport disruptions and labor shortages slow operations, people familiar with the matter Continue Reading
The biggest question for the global economy right now is how quickly China can get back to anything like normal operations while it’s battling the coronavirus outbreak that has killed more Continue Reading
Tesla is in advanced stages of talks to use batteries from CATL ( 300750.SZ ) that contain no cobalt – one of the most expensive metals in electric vehicle (EV) Continue Reading
The virus outbreak in China has put South Korea’s economy into an “emergency situation,” its president says. Japan is on the brink of recession and big manufacturers are forecasting a Continue Reading
Apple’s biggest iPhone plant is struggling to return to full production after China’s new year holiday because of restrictions on worker movement caused by the coronavirus, adding to concerns that Continue Reading
Press Hospitals in Wuhan and surrounding Hubei Province have been making urgent pleas to the Chinese people for three weeks as the new coronavirus ripples through the country: Send more Continue Reading
Just how fatal is the coronavirus? Experts are still struggling — months after the virus emerged — to answer that question. Epidemiologists trying to pin down a fatality rate for Continue Reading
China will offer tariff exemptions of nearly 700 types of goods from the US, including fuel ethanol, the Chinese government announced Tuesday, but traders are currently uncertain about its impact Continue Reading
China’s LPG imports nearly halved in the last two weeks versus the February 2019 average, as demand from household and petrochemical sectors were sapped by measures to contain the coronavirus Continue Reading
When cameraman Mark Xia returned to his job this month after holidays, the Shanghai video production house where he worked told him to take three months of leave with no Continue Reading
One of the deadliest epidemics in decades has dented energy demand and industrial output in China, cutting carbon dioxide emissions by about 100 million metric tons—close to what Chile emits in a Continue Reading
Japan recorded a trade deficit for the month of January Wednesday, as exports declined amid worries about the spread of a new virus that could deaden regional economic growth. The Continue Reading
Chinese officials hailed recent figures as evidence that the spread of the coronavirus epidemic has slowed, and World Health Organization officials said on Tuesday that China’s strict limits on its Continue Reading
Last year Oilprice reported that the energy storage industry was about to explode in China. We wrote that “China is set to become the single biggest energy storage market in Continue Reading
Scientists at Tokyo Institute of Technology (Tokyo Tech) have demonstrated the first visible-light photoelectrochemical system for water splitting using TiO 2 enhanced with cobalt. The proposed approach is simple and Continue Reading
The Kominek family farm is a green expanse of hay and alfalfa in northern Colorado. The family has planted and raked crops for half a century, but as yields declined Continue Reading
The specter of stranded assets in the US electric utility industry has risen again like the undead in a typical horror movie. A leading Wall Street analyst noted recently that Continue Reading
The Dalles water supply forecast has continued to increase, reaching the highest level so far this season and 24% higher year on year on increased precipitation, according to Northwest River Continue Reading
US shale oil production is set to increase only 11,000 b/d in February and 18,000 b/d in March, low growth levels not seen in over three years, the US Energy Continue Reading
Jaguar Land Rover (JLR) has flown Chinese parts in suitcases to Britain to maintain production and could run out after two weeks as the impact of the coronavirus outbreak hits Continue Reading
Earlier this month analysts sounded the alarm for European natural gas prices when it turned out that a lot of Asian buyers are turning down LNG cargoes and Europe is Continue Reading
The list of cocktail parties during London’s International Petroleum Week has shrunk even further as hosts like ExxonMobil ( XOM.N ) and Azerbaijan’s SOCAR continue to cancel events due to Continue Reading
The US imposed sanctions on Rosneft Trading SA, the Geneva-based subsidiary of the Russian state oil company, on Tuesday for supporting Venezuela’s oil sector by continuing to trade with sanctions-hit Continue Reading
Historically, Russia goes to great lengths to hide or disguise its strategic intentions but it clearly feels empowered enough in the Middle East to very obviously stake its claim in Continue Reading
Oil fell below $57 a barrel on Tuesday, pressured by concerns over the impact on oil demand from the coronavirus outbreak in China and a lack of further action by Continue Reading
Money managers continued to liquidate long positions in the petroleum futures last week, but the pace of rising shorts has slowed after the early market panic about the impact of Continue Reading
The battery craze isn’t really about batteries at all. It’s about something far grander than a battery, which is simply a conduit to a much bigger story. Batteries are like Continue Reading
Global LNG markets are struggling with a glut of unprecedented levels. International expansion in Australia, Qatar, Mozambique and Egypt, combined with a continuously strong US shale gas export drive, is Continue Reading
With natural gas prices bumping down to record lows and supplies set to increase in the coming years, sellers of gas into Europe are keeping everything crossed that coal and Continue Reading
