U.S. Department of Energy Pledges $1 Billion in Critical Mineral Funds
The U.S. Department of Energy has announced close to $1 billion in funding opportunities for stimulating domestic mining, processing, and manufacturing ventures involving critical minerals in a bid to reduce…
Odds of a Rate Cut Hit 99.9% as September Decision Nears
Financial markets are betting almost unanimously that the Federal Reserve will cut interest rates at its September 16–17 policy meeting — but divisions within the central bank and warnings from…
Podcast: Aramis CCS can be ’10 times’ the size of Porthos
The Aramis carbon capture and storage project in Rotterdam has the potential to be ’10 times’ the size of Porthos. Speaking on the latest 1895 podcast, entitled CO2 pinch: tackling…
Trump Has Limited Leverage Over Russia Without Risking Oil Price Spike
Absent greater military involvement, the Trump administration has limited leverage over Russia without risking a spike in oil prices. That’s what J.P. Morgan analysts, including Natasha Kaneva, head of global…
Centrica buys Grain LNG terminal from National Grid
British multinational energy group Centrica has bought the UK’s Isle of Grain liquefied natural gas [LNG] terminal in partnership with Energy Capital Partners from National Grid group for £1.5bn. The…
KRG, Baghdad Strike Another Oil Deal
Erbil and Baghdad say they’ve once again cracked the code on resuming Kurdistan’s long-stalled oil exports — at least on paper. The Kurdistan Region’s natural resources ministry announced Wednesday that…
Ukraine Hits Key Russian Pipeline Hub as Moscow Braces for Trump-Putin Talks
Ukraine says it has struck a critical oil-pumping station in Russia’s Bryansk region, igniting a large fire at a hub feeding the Druzhba pipeline to Europe. The Unecha facility also…
India Eyes Private Sector for Nuclear Growth
As part of a major push toward nuclear power generation, India is considering ending the state monopoly in uranium fuel procurement for nuclear power plants by allowing private companies to…
Oil sands producers find ways raise output, reduce capex
Image: Canadian Natural Resources (Bloomberg) — Canadian oil sands companies have found a way to ramp up production in the face of oil prices: curtailing lengthy repairs to equipment. …
Lower Oil Prices Impact India’s Largest Oil Company
Indian state-owned Oil and Natural Gas Corporation Limited (ONGC), the biggest oil and gas explorer and producer in the country, booked a lower net profit for the April-June quarter from…
