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Trading Desks Boom While Big Oil Output Stalls

Europe’s supermajors are set to report a strong quarter later this month and in early May thanks to their trading divisions. While Big Oil does not report trading profits, BP, Shell, TotalEnergies, and Equinor all signaled they are making a lot of money on trade with oil and gas in what some say is... Далее

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Europe’s Energy Problem Isn’t the Transition—It’s That Europe Never Finished It

By now, a familiar narrative has returned to Europe’s energy debate. The transition, we are told, went too far, too fast, and too blindly. Politicians chased climate headlines, imposed unrealistic targets, burdened households with costs, and pushed industry toward the exit. It is a compelling... Далее

OilPrice

Hydropower Is Making a Global Comeback

As governments look to diversify their energy mix by expanding renewable energy capacity, many are turning to solar and wind power. Meanwhile, hydropower is often overlooked by countries that do not have a tradition of hydropower production. With the ongoing conflict between the United States,... Далее

OilPrice

Inside the Race to Control the World’s Lithium Supply

The world is ramping up its lithium production in a bid to meet the growing global demand for critical minerals, being driven by renewable energy deployment and the higher uptake of electric vehicles (EVs) and other electronics. Lithium production from mining increased from 31,500 metric tonnes in... Далее

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Strait of Hormuz Faces Full Shutdown as Iran Escalates Standoff

The Strait of Hormuz is once again at the center of escalating geopolitical tensions, with Iran moving to restrict vessel traffic amid an ongoing U.S. naval blockade. According to multiple reports, Iran has turned back at least 20 vessels attempting to transit the strait, while U.S. enforcement... Далее