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Wind Farm
IEA: World on Cusp of Solar and Battery Manufacturing Boom
But agency warns global economy risks becoming over-reliant on a handful of green manufacturing hubs, while heat pump, wind turbine, and green hydrogen capacity…
Energy Storage Battery
Latin America’s Opportunity in Critical Minerals for the Clean Energy Transition
Latin America is an established producer of several minerals essential for clean energy technologies, and could build on its well-established mining sector to d…
Carbon Emissions
IPCC: Window to Deliver ‘Sustainable, Liveable Future for All’ Is Closing
Latest report from UN body urges policymakers, investors, and businesses to work together to accelerate decarbonisation efforts across the global economy, as it…
Hydrogen Project
Globaldata: Hydrogen Market Growth to Surge in 2023 Despite Slowing Global Economy
Hydrogen development, given its application across various industries, is indispensable to attaining energy transition, meeting decarbonization goals, and posit…
Oil Price
Oil Swings on First Trading Day of 2023 Amid Demand Concerns and IMF Recession Warning
Fund's managing director says the global economy faces 'a tough year, tougher than the year we leave behind'IMF chief Kristalina Georgieva repeated an earlier w…
Oil Price
IEA's Birol Says $100 Oil 'Real Risk' for Economy
The head of the International Energy Agency (IEA) said on Wednesday oil prices "flirting with $100" were a real risk for the global economy.
OPEC
OPEC Oil Cuts Bad for Global Economy, Treasury Secretary Janet Yellen Tells Financial Times
U.S. Treasury Secretary Janet Yellen said a decision by the OPEC+ grouping to cut oil production was "unhelpful and unwise" for the global economy, especially e…
Oil Refinery
U.S. Oil Refiners, Pipeline Companies Expect Strong Demand for Rest of 2022
U.S. oil refiners and pipeline operators expect energy consumption to be strong for the second half of 2022, even though analysts and industry watchers have wor…
Oil Price
Oil Prices Slide as IMF Sees Global Economy Teetering on the Brink
IMF slashes global GDP growth forecasts for this year, to 3.2%.
Electrification
Massive Copper Supply Required for Electrification of Global Economy
More than 700 million mt of copper will need to be mined in the next 22 years to maintain 3.5% GDP growth without taking into account the electrification of the…
Energy Storage Battery
“Hibernating” Energy Storage Solves U.S. Seasonal Power Generation Problem
Fossil energy stakeholders continue to cast doubt upon the power of renewable energy to transform the global economy, but their grip on reality is loosening wit…
Oil Price
Oil Approaches $120 as EU Considers Ban on Russian Crude
Fitch Ratings says the outlook for the global economy has 'deteriorated significantly' as inflation rises and Russia’s invasion of Ukraine threatens global ene…
Crude Oil
Russia Could Lose 30% of its Oil Output Within Weeks, IEA Warns
Russia could soon be forced to curtail crude oil production by 30%, subjecting the global economy to the biggest supply crisis in decades — that is, unless Sau…
Energy Transition
At Global Energy Conference, Oil and Gas Industry Leaders Argue For Fossil Fuels’ Future in the Energy Transition
Russia’s invasion of Ukraine and grim climate reports changed the conversation, but not the industry’s assertion that it will remain a critical part of the gl…
Oil Price
Oil Price Shock Jolts Global Recovery as Economic Impact of Russia’s Invasion Spreads
The highest oil prices since the 2008 financial crisis are dealing a heavy blow to the global economy, slowing Europe’s pandemic recovery to a near stall and c…
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