Pressure is growing on President Joe Biden to take action to prevent the completion of a Russian gas pipeline to Europe that many fear will give the Kremlin significant leverage Continue Reading
Crude oil futures were higher in the mid-morning trade in Asia April 23, as optimism over the reopening of Europe lent support to the market, even as concerns remained on Continue Reading
Oil pared an earlier gain as investors assessed a patchwork recovery in energy demand, with signs of a rebound from the pandemic in some countries mixed with setbacks in parts Continue Reading
Oil fell for a third day after data showed a rise in U.S. stockpiles and investors fretted over an uneven recovery in global demand, with India reporting a record one-day Continue Reading
Jet fuel and petrochemicals are expected to fuel crude demand this decade, while oil demand in the transport sector is set to peak by 2026, one year earlier than originally Continue Reading
Global jet fuel demand is slowly recovering from last year’s collapse. The number of commercial flights has more than doubled since April 2020 and even tripled on some days in Continue Reading
It’s been a big week for lithium, with a multi-billion-dollar mega-merger, a new major production deal in Chile, and funding for Europe’s first large-scale lithium refinery in Chile. Things are Continue Reading
Big Oil is shedding assets like a dog sheds its winter coat. In a rush to prove their emerging environmentally conscious credentials, the supermajors are pledging billions in low-carbon energy Continue Reading
The United States has a long-running love affair with natural gas, with fossil fuels acting as the lynchpin in the country’s power generation mix . At the same time, nearly Continue Reading
The maritime industry, under growing pressure to reduce shipping’s carbon emissions, is coming to a growing consensus that liquefied natural gas will provide an intermediate solution toward finding cleaner fuel Continue Reading
