Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
Over the past few years, dozens of pundits and industry experts have emphasized that the ongoing Fourth Industrial Revolution is driving unprecedented electricity demand growth in the…
For decades, the United States has been a net consumer of energy, using up more energy than it produces. However, a sharp increase in oil…
By 2034, the world will have developed carbon capture capacity of 440 millions tonnes per annum (Mtpa) while storage capacity will reach 664 Mtpa, requiring $196…
For decades, Berkshire Hathaway (NYSE:BRK.B) Chairman and CEO Warren Buffett adopted a conservative investment approach, favoring retail and banking stocks while giving a wide berth to more…
Kenya’s President William Ruto has announced that he will not sign into law Finance Bill 2024 containing controversial tax hikes, including a proposed fuel tax increase…
While last week’s rig count from Baker Hughes showed U.S. oil drilling activity still in a downward trajectory, hitting a 29-month low, Standard Chartered suggests…
Last week, crude oil futures finished the week higher on indications of stronger U.S. demand and a rising perception of risk from a wider Middle…
Virtually all British banks have stopped financing smaller independent oil and gas producers, responsible for the bulk of output and investment in the North Sea, Neptune…
The world’s leading nuclear powers spent a record $91.4 billion on their nuclear defense systems in 2023--good for a 13.4% increase over 2022 spending--the International…
U.S. financial markets remained closed on Wednesday in observance of Juneteenth, a day after news about downbeat U.S. retail sales for May raised concerns about lackluster economic…
Some of the world’s biggest and oldest oil & gas companies aka Big Oil are credited with powering the Second Industrial Revolution that kicked off…
Over the past few years, Big Oil has been heavily investing in carbon capture and storage (CCS) technology, ostensibly to offset CO2 emissions from the…
A couple of years ago, British oil and gas supermajor BP Plc (NYS:BP) lamented that the North Sea crude price Dated Brent--the company’s most important pricing benchmark--was experiencing “regular…
The big oil price selloff in the wake of OPEC+'s decision to unwind 2.2M bbl/day in voluntary production cuts later this year has been corrected. The announcement…
Last week, the CEO of BYD Company Ltd (OTCBB: BYDDY) Wang Chuanfu scoffed at Western nations adopting a protectionist stance against China's clean energy sector, suggesting they are “afraid”…
Afghanistan has sold 150,000 tons (1.1 million barrels) of crude oil from the Amu Darya basin for more than $80 million over the past 10…
Global investment in renewables including electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps will clock in at $2 trillion in…
Argentine oil driller Petrolera Aconcagua Energia SA is making arrangements to join the country’s stock market to raise funds for expansion as President Javier Milei’s reforms start…
Singapore-based oil and commodities trading powerhouse Trafigura Group has posted the smallest profit since the 2020 oil crisis as volatility in energy markets hit new lows. Trafigura’s net…
OPEC+ agreed on Sunday to extend most of its oil output cuts well into 2025 amid tepid demand growth, rising U.S. production and high interest rates. OPEC+…