The energy storage sector is booming. As lithium iron phosphate (LFP) batteries increase in performance and drop in price, large-scale energy storage projects are taking off en masse. In fact, the growth of the energy storage sector now outpaces the growth rate of electric vehicle sales. For now,

Via Metal Miner   With the United States and China ratcheting down the tariff war (for 90 days at least), many expected that the export of rare earths and permanent magnets would soon return to pre-trade war conditions, as MetalMiner’s weekly newsletter weighed in on in the past. However, that does

Finance ministers and central bank governors from the Group of Seven democracies agreed during a meeting in western Canada that Russia could face further sanctions if it resists a push toward a cease-fire in its war in Ukraine. The G7 finance chiefs condemned Russia's "brutal war" in a communique

A high-stakes arbitration kicks off Monday in London that could make or break Chevron’s $53 billion bid to acquire Hess Corp—and with it, a coveted 30% stake in Guyana’s booming Stabroek Block. ExxonMobil and CNOOC, Hess’s partners in the block, claim they have a right of first refusal on that

The total number of active drilling rigs for oil and gas in the United States came crashing down this week, according to new data that Baker Hughes published on Friday, following a 6-rig decrease last week. The total rig count in the US fell by 10 to 566 rigs, according to Baker Hughes, down 34