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Iran's Oil Exports Collapse to Six-Year Low as Blockade Tightens

Iran's oil exports fell to their lowest level in at least six years in May as the U.S. naval blockade continued to choke off crude shipments and leave tens of millions of barrels stranded at sea. According to shipping data from Vortexa, Iran exported just 209,000 barrels per day (bpd) of crude oil... Далее

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A New U.S. Battery Line Designed to Make Energy Storage Safer and Cheaper

The US has recently launched a new battery production line, which is expected to help researchers develop safer and cheaper energy storage technologies for the electric grid. The new line is housed at the Grid Storage Launchpad (GSL), a 93,000-square-foot research facility. It is run by the... Далее

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Brazil Launches World-First Ethanol-Powered Grid Engine

Brazil is undertaking a major biofuels experiment that could be majorly disruptive for the global energy landscape if it proves effective. The South American country is filthy rich in biomass, and is seeking to use ethanol in novel applications – in this case, to power the energy grid. A new... Далее

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IAEA Warns Iran Nuclear Risk Has Increased

The possibility of Iran developing a nuclear weapon is now higher than it was before the United States and Israel first attacked the country in February, the International Atomic Energy Agency has concluded in a report. The conclusion suggests the war has so far resulted in the opposite of what... Далее

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Venezuela’s Debt Overhaul Faces New Controversy

When the US removed Nicolás Maduro from power in Venezuela, the expectation was collapse. It has not come. The removal of a long-serving head of state is almost always followed by economic chaos. Following the removal of Saddam Hussein, Iraq’s oil production fell by 36%, and its economy shrank by... Далее