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Taiwan is the next pressure point that will test China's weaponization of rare earth metals. When Japan indicated it would not remain neutral in a Taiwan conflict, Beijing responded by sharply…

Recently, we reported that the Middle East conflict and subsequent closure of the Strait of Hormuz has triggered an unprecedented spike in freight and shipping rates, with Very Large Crude Carrier…

Mexico’s state power utility is today set to greenlight as many as 60 alternative energy projects, most of them solar, that should add 8.2 GW in new generation capacity to the country’s total…

Despite weakening industrial activity and high energy costs, European electricity demand is bucking years of flailing power consumption. Rising electrification rates and the data center boom are the…

Inflation rates remain blistering high across the United States. The Bureau of Labor Statistics’s most recent Consumer Price Index, released last week, revealed numbers that were higher than most…

The American Petroleum Institute (API) estimated that crude oil inventories in the United States fell by 4.93 million barrels in the week ending October 16. In the week prior, US crude oil…

A new Middle East energy system came into view at the Energy Trading Week Middle East conference in Dubai last month. The region’s world’s-lowest costs for solar energy appeared with enormous…

In October 2025, the PKK (Partiya Karkerên Kurdistanê, Kurdistan Workers' Party) announced it was withdrawing its fighters from Türkiye to northern Iraq as part of a peace effort with Ankara after…

Norway’s oil and gas production declined sharply in September, with natural gas output falling 12.6% from August, according to preliminary figures released Tuesday by the Norwegian Offshore…

Geothermal has long been the clean, firm power source that was always a few breakthroughs away from being cheap enough to matter. Numbers buried in a Nevada utility filing suggest that day may have…

The European Union reaffirmed its opposition to Arctic oil and gas development on Tuesday, even as the bloc prepares for another expensive winter with depleted gas storage and prices approaching…

Back in February, U.S. oil and gas giant Chevron signed four preliminary agreements with Iraq’s Oil Ministry, which underscored that from that point onwards, Washington was determined to regain its…

Russia’s seaborne crude exports fell to their lowest four-week average in a month after shipments from the Baltic port of Primorsk stopped for several days, according to tanker-tracking data compiled…

Houthi strikes on Saudi oil infrastructure threaten production as Brent crude hits $108 and the Brent-WTI spread widens to $5. The LNG Market Gets a New War Premium - Asian liquefied natural gas…

Uzbekistan in recent days has served as an octagon of competition between the United States and China over economic influence in Central Asia. US Secretary of State Marco Rubio led an almost…

Asian refiners and Middle Eastern producers are currently negotiating the term supplies of crude oil for 2027, as usual. The unusual part is that the Iran war has crippled fixed-term supplies this…

Record-high freight costs are changing the behavior of Asian buyers who are increasingly using smaller tankers and ships under long-term charter deals to pick crude oil supply, refining and trading…

Russian Foreign Minister Sergei Lavrov traveled to Iran on October 19, meeting with President Masud Pezeshkian and Foreign Minister Abbas Araqchi amid questions over what support Moscow is providing…

The acceleration of plans for alternative routes to ship oil out of the Middle East could make the Strait of Hormuz “redundant” in five years, Georges Elhedery, chief executive of banking giant HSBC…

Thermal coal prices in Asia are expected to stay elevated in the coming months as demand is strengthening in the ongoing gas-to-coal switch, while supply from China and Indonesia is falling, Fitch…

While nine out of ten key energy transition metals are back on track to deliver sufficient supply by 2050, a total of $332 billion of investment is needed in new copper mines to avoid a looming…

China is eager to avoid overcapacity in yet another clean energy sector as it looks to curb excess hydrogen production amid overheated investments in projects. Over the past years, China, the world’s…

Albertans have rejected a proposal to move toward a separation from Canada, according to early results of the referendum held on Monday, as voters gave the federal government a boost to national…

The U.S. Department of Agriculture will provide $8 billion in diesel fuel relief to American farmers for this year’s harvest season, to be distributed as one-time payments to eligible candidates.…

Liquefied natural gas prices on the Asian spot market topped $30 per million British thermal units for the first time since December 2022, Bloomberg reported earlier today. The price jump follows a…

Crude oil prices extended their climb today, with Brent topping $110 per barrel again earlier in the day, and WTI back at over $100, as traders turn increasingly pessimistic about the resumption of…

Last year, China started requiring export licenses for rare earth magnets. Within weeks, Elon Musk was telling investors that production of Tesla's Optimus robot had been affected. That's because…

The German electricity market has faced a double whammy this year—soaring wholesale prices amid the energy crisis and a planned reform in the renewable energy and grid access policies. Some small…

The UK is among the most ambitious states when it comes to a transition to a net-zero economy. Also, the UK is struggling with some of the highest electricity prices in Europe—and is paying…

The ghosts of Baghdad and Kabul should be enough to silence any talk of sending American troops into Iran. Yet here we are, more than seven months into a war that began on 28 February with…

The debate over new oil and gas fields usually ends in a familiar deadlock. Industry argues that production will still be needed for decades, supports jobs and reduces dependence on imports. Climate…

Since taking office, Colombia’s far-right president, Abelardo de la Espriella, has moved aggressively to restore ties with Washington after relations frayed under Gustavo Petro. The rapprochement…

Sulfur has become an indispensable element for the modern industrial system, including agriculture. Before the outbreak of the Iran war, 24 percent of the world's supply of sulfur passed through the…

Qatar is offering to take over Lebanon's power supply problem at no upfront cost to Beirut. A draft program seen by Reuters has Qatar building two gas-fired power plants within three years and…

The Middle East crisis is threatening Pakistan’s tentative recovery from the brink with the help of the International Monetary Fund (IMF), as soaring energy prices and the lack of regular LNG supply…

The oil price rally resumed its upward trajectory on Friday after the U.S. Central Command (CENTCOM) confirmed the sinking of the Singapore-flagged container ship following an Iranian Revolutionary…

Gasoline and fuel oil pushed Canada's annual inflation rate to 3.1% in September, up from 3.0% in August, as the war in the Middle East kept fuel prices high, Statistics Canada said on Monday.…

While it is very trendily woke to attack U.S. President Donald Trump whenever possible, the truth is rarely trendy or woke -- it is usually tough, pragmatic, and increasingly unpopular in today’s…

Iraq's oil exports have averaged more than 3.4 million barrels per day so far in October, Oil Minister Bassem Mohammed Khudair told the state news agency INA on Monday. That puts them close to the…

Brent crude futures briefly tagged $109.99 a barrel in overnight trading before retreating from five-month highs during the Asian session and into European trading, as signs of recovering Middle…

Mozambique is in discussions with South African energy firm Sasol and pipeline company ROMPCO to potentially invest in a new $250 million gas project offshore Mozambique that could send more gas to…

President Donald Trump defended his decision to waive sweeping sanctions planned against Russia as an effort to keep Moscow at the negotiating table amid strong criticism from Kyiv and some US…

A Qatari LNG cargo is traveling north in the Red Sea to deliver gas to Europe via the Suez Canal in a rare shipment on the shortest but dangerous route to Europe amid the Houthi threats to tankers in…

Chinese exports of solar power equipment extended their declining trend this year with a 6.4% drop in September from a year earlier, while China’s authorities consider export controls and/or bans on…

Australia’s Woodside Energy on Monday announced it had resumed work on the soon-to-be-commissioned Scarborough project offshore Western Australia, which is set to export LNG to global markets and…

Japan’s average power prices jumped by over 25% at the start of this week from the previous week amid soaring LNG and higher coal prices. The nationwide power price rose by over 25% week-to-week to…

China’s coal production last month fell by 6.8% on the year to a total 385 million tons. The monthly total was, however, an increase on August, Bloomberg reported, citing the country’s statistics…

India paid $15.4 billion to import crude oil in September, up by 46% from the year-ago import bill of $10.5 billion, as international oil prices and the Indian import crude basket soared amid…

Two Greenpeace activists were arrested in Australia after they caused a halt in operations at Woodside Energy’s Scarborough LNG platform, off the coast of Western Australia. The two were charged with…

Crude oil prices began the week with a dip on traders' expectations of a boost in diesel fuel supply under the deal agreed by the presidents of Russia and the United States. However, the dip in oil…

Last year, America needed roughly 48,000 metric tons of the most common rare earth magnet, and domestic sources supplied just 300 tons. The rest had to come from somewhere else, and China makes more…

Freight is reshaping global oil trade and the prices producers can command for their crude. Soaring shipping costs are pushing delivered prices beyond what refiners are willing to pay, forcing…

The Hormuz crisis is not only hitting crude oil and gas, but also container shipping. It is also tightening its grip on global shipping through the fuel tanks of vessels carrying world trade.…

The process of increasing the maximum power level at which a commercial nuclear power plant may operate is called a power uprate. Several nuclear plants are now considering applying for permission to…

Iran's vast and restive southeastern province of Sistan-Baluchistan, located along the border with Afghanistan and Pakistan, has witnessed a deadly flare-up of violence in recent weeks. Armed groups…

Electric vehicle (EV) and hybrid sales continue to rise, particularly in regions such as Europe and Asia, as people shift away from internal combustion engine (ICE) vehicles toward cleaner…

During the first three months or so of the U.S. and Israeli war with Iran, the dominant mood on oil markets was that the conflict would end any day now. The brief June ceasefire reinforced that…

Despite the Iran war and the Hormuz crisis, the Middle East’s low-cost chemicals production is set to retain its long-term advantage over other regions. Near-term shifts in the sourcing of polymers…

The artificial intelligence boom is placing a dangerous strain on the world’s water and energy resources. As hyperscalers build up resource-hungry data centers at a breakneck pace, demand projections…

After months of elevated energy prices, Europe can expect fuel costs to continue rising through the winter months as demand grows. Ongoing energy trade constraints and threats to energy…