The rising tungsten price is a major concern for oil drillers.
U.S. shale drilling companies are paying higher prices for tungsten. This rare metal is used in industrial tools such as drillbits. Chinese export controls have slowed down the supply of tungsten.
The rising tungsten price is a major concern for oil drillers.
U.S. shale drilling companies are paying higher prices for tungsten. This rare metal is used in industrial tools such as drill bits. Chinese export controls have slowed down the supply of tungsten.
EIA increases US oil production forecast and warns that oversupply could lead to a price drop
The Energy Information Administration announced on Tuesday that U.S. crude oil production will be higher than expected this year. However, it warned of a glut in oil prices for the months to come.
US to cancel 13 billion dollars in green energy funds
On Wednesday, the U.S. Department of Energy announced that it would cancel over $13 billion of funds pledged by the Biden Administration to subsidize solar, wind, batteries, and electric vehicles.
Alaskans fear higher energy prices as Trump drills
Alaskans spend nearly two times as much on electricity as the national average. Matt Goodnow, financial counselor at a hospital located in Homer, Alaska, a fishing village on the Kenai Peninsula…
Andy Home, recycling pioneer, races to close rare earths scrap gaps
This question is more urgent now than ever after China restricted its exports in the first half of this year. The move sent shockwaves throughout Western manufacturing chains. The race…
Andy Home, recycling pioneers racing to close rare earths scrap gaps
This question is more urgent now than ever after China restricted its exports in the first half of this year. The move sent shockwaves throughout Western manufacturing chains. The race…
EQT Corp. signs 20-year LNG contract with Commonwealth LNG Louisiana facility
The companies announced on Monday that the U.S. energy company EQT Corp would purchase 1 million tonnes of liquefied gas per year (mtpa), from Commonwealth LNG’s planned export facility on the Gulf Coast…
California and other state AGs ask Trump EPA to abandon plan to kill greenhouse gas regulations
On Tuesday, attorneys general from California as well as several other U.S. States led by Democrats urged the Trump administration to abandon their plan to rescind a long-standing ruling…
EIA expects Brent oil to fall below $60/bbl by Q4
The U.S. Energy Information Administration forecast Brent crude oil spot price will average less that $60 per barrel during the fourth quarter. This would be the lowest average price since 2020.
Britain will increase the price guarantee for offshore wind power by 11%
Documents from the government show that Britain will increase its guaranteed price for offshore wind projects by 11% in this year’s renewables auction, due to rising costs of projects…
Britain launches a strategy to expand offshore wind and create jobs
The government announced on Friday that Britain has launched its first onshore wind policy, which aims to increase renewable energy capacity and create jobs in this sector. Britain…
Trump's budget bill increases fossil fuels and hits renewable energy
The U.S. Senate approved a budget bill on Tuesday, and now the House of Representatives will debate it for final approval. This would slow down the development of solar and wind power…
UK Issues Environmental Guidance on New North Sea Oil and Gas Drilling
The UK published long-awaited guidance on environmental issues that will impact future developments of two North Sea oil and natural gas fields, including Shell and Equinor. The guidelines…
UK releases environmental guidance that will impact North Sea drilling
The UK published environmental guidelines on Thursday, which will impact future developments of two North Sea oil and natural gas fields. Shell and Equinor are among the companies that are expected to benefit.
Azerbaijan’s SOCAR signs agreements for oil exploration with Exxon and BP
Azeri SOCAR, the state-owned energy company of Azerbaijan, signed agreements with Exxon Mobil & BP for oil and natural gas exploration in Azerbaijan at a conference on energy in Baku. According to the U.S.
White House to consider plan for clearing record backlog in biofuel waivers for small refineries
The White House is weighing a plan to clear a record backlog of requests from small refineries for exemptions from U.S. biofuel laws, which could include approving many current applications…
White House to consider plan for clearing record backlog in biofuel waivers for small refineries
Three sources familiar with these plans say that the White House is considering a plan for clearing a backlog of exemption requests from small refineries from U.S. Biofuel Laws. This…
White House to consider plan for clearing record backlog in biofuel waivers for small refineries
Three sources familiar with these plans say that the White House is considering a plan for clearing a backlog of exemption requests from small refineries from U.S. Biofuel Laws. This…
Li-Cycle, a battery recycler in Canada, files for bankruptcy protection
Toronto-based Li-Cycle, a lithium battery recycling company, announced on Wednesday it had filed for bankruptcy in Canada. It expects to begin a formal sales process for its assets or business. The U.S.