Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com.
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+…
Russia’s oil proceeds increased almost 50% in May from a year ago, with the nation managing to circumvent sanctions and get a higher price for…
Last week, Saudi Arabia’s energy giant Saudi Aramco (ARMCO) confirmed in a filing with the Saudi Exchange plans to sell shares in the state-owned oil company to help…
The U.S. battery storage sector has been growing rapidly since 2021, with storage capacity projected to increase by almost 90% by the end of 2024. According to…
After three years of extreme volatility, many experts predicted that commodities prices would broadly stabilize in 2024. However, adverse weather conditions, escalating geopolitical tensions and…
Over the past few years, dozens of pundits and industry experts have laid out prognostications that the ongoing Fourth Industrial Revolution will drive unprecedented electricity demand growth…
Back in 2008, Virgin Atlantic flew a Boeing 747 between London and Amsterdam partly powered by a biofuel made from Brazilian babassu nuts and coconuts, with Sir…
Over the past two years, Europe has rapidly distanced itself from Russia’s energy commodities in protest to Russia’s war in Ukraine. The European Union’s embargo…
With the global energy transition picking up steam, hundreds of companies have laid out plans to cut their greenhouse gas emissions with the more ambitious…
The finance ministers of the G7 group are meeting this week to discuss, among other global issues, climate finance and how to make more money available to…
For years, the transition from ICE vehicles to EVs has been viewed as a critical element of reducing the more than seven billion metric tons…
Dynamics in the global oil markets have shown little change over the past couple of weeks with pessimism still high and hedge funds still leaning…
The U.S. and the world in general are living through the Fourth Industrial Revolution with Artificial Intelligence (AI), clean energy and cryptocurrencies emerging as some…
A second Trump presidency could place a huge part of renewable energy investments at risk, increase carbon emissions by 1 billion tonnes more by 2050…
A couple of years ago, commodity pundits predicted that the green metal quartet of copper, lithium, nickel and cobalt would become the new age oil…
The oil price selloff appears to have run out of steam with oil prices finding a floor over the past week. Brent crude for June…
Oil prices have pulled back sharply to a three-month low as a combination of demand concerns and easing geopolitical premium take a toll. Last week,…
Back in March, S&P Global reported that a record 24 cargoes carrying nearly 1.6 million metric tons of U.S. LNG had reached Asia via the Cape of…