Battery manufacturers are confronting a severe lithium shortage, highlighting the need to challenge China’s dominance of raw material supply chains, an Australian lithium producer has warned. Stuart Crow, chair of Continue Reading
Rigzone’s regular energy prognosticators take a look at the U.S. refinery run rate, Strategic Petroleum Reserve release destinations, growth in the context of pandemic recovery and more. (The views and Continue Reading
Offshore projects cost billions and rarely come online in less than a decade. Questioned by U.S. lawmakers this week, chief executives from the nation’s biggest oil companies took great pains Continue Reading
The Russian rouble weakened sharply in jittery trade on Monday, reversing some of the previous week’s gains, after the central bank decided to relax temporary capital control measures aimed at Continue Reading
The European Union’s executive is drafting proposals for an EU oil embargo on Russia, the foreign ministers of Ireland, Lithuania and the Netherlands said on Monday, although there is still Continue Reading
JSC has been ruled in default on a bond after missing an interest payment last month, the first such decision since Russia was slapped with harsh sanctions that complicated financial Continue Reading
Russian President Vladimir Putin’s decision to invade Ukraine probably sabotaged any further aspirations for the Sputnik coronavirus vaccine, the first injection approved by any country. Manufacturing of the vaccine has slowed, further Continue Reading
EU ban on Russian coal may lift prices of natural gas and electricity outside of Europe. China’s demand for thermal coal is rising amid a push for energy security. The Continue Reading
Russia’s war and the sanctions that followed have worsened the world’s growing energy crisis. Experts are predicting that the war could set the world’s climate goals back for years. The Continue Reading
OPEC does not have the additional spare capacity to lift crude oil production much more than it is doing today, Nigeria’s Petroleum Minister Timipre Sylva told Anadolu Agency on Friday. Continue Reading
