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OilPrice

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IEA Predicts End to Oil & Gas Demand Growth Before 2030

Oil prices are little changed in Thursday’s intraday sessions after they tumbled more than 4% on Tuesday to a near two-week low on easing Iranian supply disruption fears. Brent crude for December delivery was down 0.3% to trade at $74.12/barrel at 12.50 pm ET while WTI crude for November delivery
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Bears Still Rule Oil Market, But for How Long?

Last week, the oil market had a fit of anxiety after Iran fired missiles at Israel as everyone waited for Israel’s answer. Oil bears had a bad week, having to cover their short positions as the benchmarks jumped. But it was over quickly. China’s economic data was released, the IEA and OPEC
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Searching for the New Oil

First, the British exploited coal and made an industrial revolution in the process.  Then the Americans found oil and turned it into a universal fuel. Then they turned natural gas, a byproduct of oil exploration, into a major business. But, most would agree, that the rate of growth of the oil and
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Researchers Discover Algorithm to Slash AI Energy Consumption by 95%

The use of Artificial Intelligence is rising rapidly as machine learning and large language models become a mainstream aspect of everyday applications. While the applications of AI spike, so too do their energy footprints and associated greenhouse gas emissions. Training AI models requires huge
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Kazakhstan’s Major Nuclear Power Dilemma

With the result of Kazakhstan’s controversial nuclear power referendum being a resounding “yes,” attention now turns to which country will build the facility. Kazakhstan’s government has spoken in favor of an international consortium of nuclear energy companies taking up the task while noting that
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