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Article Archive | Page 2

Short Sellers Circling The Clean Energy Sector

Nov 09, 2023 at 15:58

Three weeks ago, shares of Israel-based solar inverter manufacturer, SolarEdge Technologies Inc. (NASDAQ:SEDG) crashed spectacularly after the company issued weak guidance for its upcoming third quarter earnings report. SolarEdge said Q3…

Expanded BRICS Unlikely To Challenge The Petrodollar Soon

Nov 09, 2023 at 14:22

The de-dollarization is underway, some analysts said after the BRICS group of major emerging economies invited earlier this year several other countries to join, including some of the biggest oil…

China Set To Remain Dominant Power On Solar Market

Nov 09, 2023 at 10:58

China, the largest producer of solar technology and the largest user of that technology, will continue to dominate the industry over the next three years. This is according to 

How Abandoned Oil Rigs Could Help Fight Climate Change

Nov 09, 2023 at 08:50

The world’s oceans are home to tens of thousands of abandoned offshore oil rigs. There are more than 32,000 in United States waters alone, and the…

Groundbreaking Research Promises Greener Rare Earth Element Purification

Nov 09, 2023 at 08:47

Cornell University scientists have characterized the genome of a metal-loving bacteria with an affinity for rare earth elements. The research paves the way towards replacing…

Report: Russian Military-Linked Hackers Responsible For 2022 Ukraine Grid Outage

Nov 09, 2023 at 08:45

Hackers affiliated with Russia’s military intelligence agency penetrated and disrupted parts of Ukraine’s electricity grid late last year using sophisticated new hacking tools, a new report said.

ArcelorMittal Takes Legal Action Against Liberty Steel Over Unpaid Debt

Nov 09, 2023 at 08:42

Via Metal Miner ArcelorMittal recently obtained a freeze order from a Singaporean court against Liberty Steel. The order totals €140 million ($150…

China’s Central Bank Says Economy On Track To Achieve 5% Growth Target

Nov 09, 2023 at 08:39

China is anticipated to achieve its annual gross domestic product (GDP) growth target this year, with a focus on transitioning to a high-quality and sustainable expansion model, according…

Serbian Firms Caught Exporting Sanctioned Goods To Russia

Nov 09, 2023 at 08:36

Serbian companies are exporting dual-use goods to Russia that have been targeted by Western sanctions due to their use in Russian armaments deployed in Ukraine -- despite a…

G7 Countries Back EU Ban On Russian Diamonds

Nov 09, 2023 at 08:33

Although Russia's economy has not collapsed under Western sanctions, the European Union is preparing to unveil another round of sanctions, focusing on Moscow's diamond exports, potentially as early…

Saudi Arabia’s Energy Minister Blames Speculators For Oil Price Plunge

Nov 09, 2023 at 08:52

Oil demand is robust—it’s oil speculators that are behind the most recent drop in global crude oil prices, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman has said.…

Oil Demand In Doubt As Saudis Extend Production Cuts

Nov 08, 2023 at 17:02

Last weekend, Saudi Arabia said it would extend its voluntary production cuts of 1 million barrels daily of crude until the end of the year. At the same time, the…

All Eyes On India, Not China, For Future Oil Demand

Nov 08, 2023 at 14:38

For decades, China has been the leading driver of global oil demand growth thanks to an economy that maintained a blistering growth clip for a long stretch. China’s economy managed…

U.S. Crude Oil Exports Are Soaring To Record Highs

Nov 08, 2023 at 13:02

U.S. crude oil exports continue to reshape the global market as America is pumping record volumes of oil and shipping record volumes of it overseas while the OPEC+ group withholds…

China And India Challenge EU Over New Carbon Tax

Nov 08, 2023 at 08:05

Via Metal Miner  Both India and China continue to denigrate the Carbon Border Adjustment Mechanism (CBAM), or “carbon tax” as it has come…

Silicon Valley Mining Firm Eyes Opportunity In DRC

Nov 08, 2023 at 08:02

Bill Gates is reportedly backing a mining startup that is getting close to "investing" in the Democratic Republic of Congo - which is, of course, a nice way…

Steel Prices Rise As Supply Tightens

Nov 08, 2023 at 08:00

Via Metal Miner The Raw Steels Monthly Metals Index (MMI) rose 2.53% from September to October. Roughly six…

Israel-Hamas Conflict Threatens EU Energy Security

Nov 08, 2023 at 11:01

The ongoing conflict between Israel and Hamas, killing hundreds of civilians a day and threatening critical infrastructures of all sorts in the vicinity of the Gaza Strip, has…

LPG Carriers Forced To Turn Around As Panama Canal Faces Water Crisis

Nov 08, 2023 at 07:57

The El Niño weather pattern has sparked a drought this year across Central America that is creating extreme congestion at the Panama Canal, prompting some ships to turn…

Moscow's Support For Iran Worries Israel As Regional Tensions Escalate

Nov 08, 2023 at 07:53

Less than three weeks after Hamas's brutal attack on Israel, leaders of the militant group showed up in Moscow for talks with Russian officials. For many…

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