OPEC+ makes shock million-barrel cut in new inflation risk
The new reduction is significant for a market where — despite the recent price fluctuations — supply was looking tight for the latter part of the year.
Latest Stories
Australia’s energy storage capacity needs 10-fold increase by 2050 – report
Rapidly rising energy demand spurred by the ongoing electrification of building and transport industries requires that Australia grows its energy storage capacity at least 10-fold by 2050.
Barrick Gold replaces gold reserves, remains on track to execute 10-year business plan
Barrick Gold’s executive chairman John Thornton said the company more than replaced the gold reserves it mined in 2022.
Australia sees lithium exports matching thermal coal by 2028
Australia sees its booming lithium sector matching thermal coal’s importance within five years.
Copper ore analyses reveal deep connections between ancient African civilizations
Copper artifacts revealed new cultural connections among people living in northern South Africa and the Copperbelt region between the 5th and 20th centuries.
Biden’s landmark climate bill lures China’s clean energy giants
China’s leading renewables firms are joining the rush to open factories in the US.
Energy reform bill passes in US House of Representatives
Lower Energy Costs Act intended to bolster US oil and gas production while scaling back climate initiatives.
UN to start taking deep-sea mining applications this July
The decision came after the International Seabed Authority spent the past two weeks debating standards for the new and controversial practice.
Europe’s lone lithium refinery prepares for new wave of rivals
For 47 years, a chemicals producer in London’s commuter belt has been running a small lithium refinery that’s the only one of its kind in Europe.
