Artemis ordered to remove unauthorized worker camp near Blackwater site

Artemis Gold (TSXV: ARTG) has been ordered by the British Columbia government to remove a construction worker camp near its Blackwater project […]
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Dolly Varden hits 654 g/t silver over 21.5 metres at Wolf vein

Dolly Varden Silver (TSXV:DV; OTCQX:DOLLF) recent drilling at the Wolf vein continues to show promising results, expanding the mineralized zone. The latest drill […]
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First Phosphate selects Quebec site for 10,000-tonne iron phosphate plant

First Phosphate (CSE:PHOS; OTC:FRSPF) has leased a facility in Saguenay-Lac-St-Jean, Que., for a 10,000 t/y iron phosphate plant, producing a key material for […]
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SPC Nickel reveals 19.5% copper, 107.3 g/t PGMs from Muskox project

SPC Nickel (TSXV:SPC) has announced the latest assay results from its 2024 exploration at the Muskox nickel-copper-platinum group metals project, 75 km south […]
The post SPC Nickel reveals 19.5% copper, 107.3 g/t PGMs from Muskox project appeare…

Iran’s Missile Diplomacy Raises Stakes in Russia-Ukraine Conflict

The European Union on September 9 described as “credible” information provided by allies suggesting Iran has supplied short-range ballistic missiles to Russia to help Moscow wage war in Ukraine and hinted at a “swift” response. The statement came after…

Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd.

Vancouver, BC – TheNewswire – September 9, 2024 –  Element79 Gold Corp. (CSE: ELEM, OTC: ELMGF, FSE 7YS, the “Company” or “Element79 Gold”) is pleased to announce that it has entered into a definitive agreement to sell a 100% interest in the Elder Creek, North Mill Creek, and Elephant projects, all located in Lander County, Nevada, to […]

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JV Article: SRK Consulting’s HiveMap offers speed, accuracy and safety in mapping

SRK Consulting is officially launching HiveMap, a digital mapping and outcrop analysis software product that speeds the capture of geological observations from […]
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QatarEnergy orders six more LNG vessels from China State Shipbuilding

QatarEnergy has signed a deal with China State Shipbuilding Corporation to buy six additional ultra-large ships to carry liquefied natural gas, it said on Monday, raising such vessels it has on order to 128 as part of a fleet-expansion programme.

China’s Energy Transition Is Slowing Its Oil Demand Growth

China’s oil demand growth has been slowing down due to weaker economic performance and a shift to electric vehicles and LNG-fueled trucks, oil industry executives said at the APPEC conference in Singapore on Monday. Right now, Chinese oil demand growth…

Oil Giants Evacuate Gulf of Mexico Platforms Ahead of Developing Hurricane

Oil and gas giants Chevron Corp. (NYSE:CVX), Exxon Mobil Corp. (NYSE:XOM) and Shell Plc (NYSE:SHEL) have evacuated staff and paused operations on oil platforms in the U.S. Gulf Of Mexico ahead of an expected hurricane, Reuters reports.  According to th…

Libyan Oil Shutdown Pushes Up U.S. Grades

The ongoing shutdown of Libyan oil exports is proving beneficial to some crude oil grades including Azeri, African and U.S. oil grades, but could prompt some refiners to cut their crude intake altogether due to poor profit margins, Reuters has reported…

Gunvor Expands Its Crude Oil Trading With U.S. Volumes

Gunvor Group, one of the world’s biggest independent oil traders, traded a record volume of crude oil and petroleum products in the first half of the year, largely driven by a growing number of deals to move oil from the United States, the group’s chai…

Solaris Resources (TSX:SLS) Moves Forward with Warintza Project EIA Submission and Plans Transition to Ecuador

Solaris Resources (TSX:SLS) (NYSEAmerican:SLSR) has submitted an Environmental Impact Assessment (EIA) to Ecuador’s Ministry of Environment, Water, and Ecological Transition (MAATE) as part of its ongoing efforts to develop the Warintza Project in southeastern Ecuador. The EIA, comprising over 3,000 pages, reflects more than three and a half years of work, including community dialogue, environmental […]

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Oil Trading Giant Trafigura Sees Brent Falling Below $70 Soon

Brent Crude oil prices are set to drop into the $60s per barrel range soon, according to one of the largest independent oil traders, Trafigura. Brent Crude, the international benchmark, was trading at $71.63 a barrel, up by 0.65% on the day, early on M…

Morgan Stanley cuts Brent crude price view as market signals demand softness

Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a period of demand weakness similar to those seen during recessions.

Sinopec’s Guangdong LNG terminal starts operations

China’s Sinopec began operations at its first LNG receiving terminal in southern Guangdong province on Sunday, the company said on Monday.

World’s Top Oil Trader Sees China’s Gasoline Demand Peaking by 2025

China’s gradual shift toward electric vehicles will bring about domestic gasoline demand peaking either this year or next, according to the top executive of the world’s largest independent oil trader, Vitol Group. “Gasoline is likely to peak this year …

OPEC+ to Begin Oil Production Increase in 2025

The OPEC+ group will begin adding supply to the market in 2025, for the first time since 2022, Jim Burkhard, vice president of research at S&P Global Commodity Insights, said at the Asia Pacific Petroleum Conference (APPEC) on Monday. “We think in 2025…

India plans to use LNG for third of truck fleet, in blow to diesel

India plans to have a third of its heavy duty long-haul trucking fleet fuelled by liquefied natural gas (LNG) instead of diesel in five to seven years to cut pollution, according to a draft policy from the federal oil ministry.

ADNOC pens 15-year LNG supply HoA with Indian Oil

The LNG will primarily be sourced from ADNOC’s lower-carbon Ruwais LNG project., [Image: Abu Dhabi Media Office ]

Greece to expand gas hub role despite predicting sharp fall in its own demand [Global Gas Perspectives]

Athens also recognises that it will need sufficient gas-fired generation capacity will be needed throughout the energy transition.

Oil Prices Bounce Back After Major Selloff

Crude oil prices began the week with gains as traders took a break after the latest selloff and as a weather system in the Gulf of Mexico could become a hurricane before it makes landfall. In midmorning trade in Asia Brent crude had added over 1% from …

Nigeria licenses first floating LNG plant for export and domestic use

Nigeria’s oil regulator on Friday granted UTM Offshore Limited the first license to operate a floating liquefied natural gas plant, to tap flared gas from an ExxonMobil oil field in the Niger Delta.

California Launches America’s First Hydrogen-Powered Passenger Train

San Bernardino, a Southern California city, has unveiled the first-ever hydrogen-powered passenger train in the United States, an important milestone as California ramps up efforts to meet its 2045 carbon neutrality goals.  Dubbed Zemu for Zero-Emissio…

Can Saudi Arabia Actually Afford Vision 2030?

Saudi Arabia has long prided itself on being the lowest-cost oil producer in the world—and has taken maximum advantage of this fact. Now, with ambitious spending plans for a diversified economy, that lowest cost is becoming less relevant. It’s the brea…

Uzbekistan’s Green Energy Revolution

A green-energy project in Uzbekistan to stabilize the country’s electricity distribution system has taken a major step toward launching before the end of 2024.  The Podrobno.uz news outlet reports that the installation of a battery energy storage syste…

Solving Nuclear Energy’s Biggest Problem

As we go into a new nuclear energy era, there are renewed concerns about what to do with the waste generated from nuclear plants. Nuclear waste is toxic and can remain radioactive for around 10,000 years, meaning that it needs to be disposed of appropr…

Zelenskiy’s Calculated Cabinet Overhaul, Explained

With Russia’s full-scale invasion at 30 months and counting, Ukrainian President Volodymyr Zelenskiy is trying to shake things up – on the battlefield and in the halls of power in Kyiv. In early August, Ukraine launched a surprise incursion into Russia…

Oil Majors and Traders Vye for Shell’s South African Assets

Oil trading giants and the national oil companies of some of the Middle East’s biggest oil producers are in the race to buy Shell’s South African service stations as they look to expand their access to downstream assets.       The world’s largest oil f…

Afghanistan and Central Asia Collaborate to Boost Regional Trade

Now that the U.S.-led punitive expedition to Afghanistan has ended, regional trade patterns are returning to normal, as in pre-Soviet Union normal, enhanced by China’s Belt and Road Initiative and local efforts, like the Uzbekistan-Pakistan-Afghanistan…

The High Price of “Cheap” Green Energy

Authored by Jonathan Lesser via RealClearEnergy, Like the Jeopardy! game show, green energy subsidies have been Congress’ answer to every energy policy question. The first OPEC oil embargo of 1973-74 catalyzed decades of energy policy, including the fo…

Hydropower Is on the Rise Around the World

In addition to the most popular renewable energy sources – solar and wind power – several countries are investing in the development of their hydropower capacity as they look to diversify their energy mix in pursuit of greater energy security. The hydr…

The Oil Industry’s Evolution From Bush to Biden

One of the most popular articles I have ever written is Average Gasoline Prices Under The Past Four Presidents. It has been used by people across the political spectrum to support different points. Republicans often cite it to show that gasoline prices…

Indonesia Still Awaits $20 Billion G7 Funding to Shift Away From Coal

Indonesia, the largest economy in Southeast Asia, is still awaiting a large part of the $20 billion funding it was promised by the richest nations to facilitate its move away from coal, a government official said on Monday. “If you push us to retire ou…

Morgan Stanley Slashes Its Oil Price Forecast Again

Just two weeks after lowering its Brent oil price estimate to $80 per barrel for the fourth quarter, Morgan Stanley cut again its forecast, now expecting the international benchmark to average $75 a barrel in the last quarter of the year. Analysts at M…

Armenia Seeks U.S. Partnership for New Nuclear Power Plant

The future of nuclear energy in Armenia is fast emerging as another flashpoint of acrimony between Armenian and Russian leaders. The country’s aging Metsamor nuclear power plant, the first unit of which went online in 1976, is nearing the end of its li…

Ascot halts Premier gold mine operations in BC just months after first pour

The Toronto-quoted shares of Ascot Resources (TSX: AOT; US-OTC: AOTVF) cratered Friday after suspending operations at its Premier gold mine less than […]
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Saudi Arabia’s Economic Growth Defies Regional Instability

Via Middle East Eye Saudi Arabia’s economy has powered ahead despite Israel’s war in Gaza and Houthi attacks in the Red Sea, suggesting that the kingdom’s efforts to distance itself from regional tensions are paying off, literally. “Geopolitical events…

Site visit: Equinox Gold’s newest mine Greenstone to launch it into the 1M oz per year club

GERALDTON, ONT. — Through the slight haze of dust kicked up by a passing haul truck loaded with ore at Equinox Gold’s […]
The post Site visit: Equinox Gold’s newest mine Greenstone to launch it into the 1M oz per year club appeared first on Canad…

U.S. Oil, Gas Drillers Ease Up As Prices Crash

The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday. The total rig count fell by 1 to 582 this week, compared to 632 rigs this same time last ye…

Iraq Rejects U.S. Accusations of Enabling Iran Oil Smuggling

Iraq has rejected allegations made by U.S. Congressmen that it was helping Iran evade U.S. sanctions by channeling some of its oil revenues to Iranian entities. Last week, five Congressmen called on President Joe Biden to ban the Iraqi oil minister fro…

Why Has the Green Hydrogen Hype Faded?

Green hydrogen was the buzzword on everyone’s lips a couple of years ago, but the initial hype seems to have faded away as the industry takes time to build capacity and overcome production and transportation hurdles. Several countries have set out ambi…

EU’s Gas Supplies Could Still Have Russian Gas Mixed In

The European Union will receive natural gas supplies that may have Russian gas mixed in, Czech energy minister Jozef Sikela told Bloomberg. Sikela has been tapped by the Czech government to be its member of the European Commission, and European Commiss…

EU’s Gas Supplies Could Still Have Russian Gas Mixed In

The European Union will receive natural gas supplies that may have Russian gas mixed in, Czech energy minister Jozef Sikela told Bloomberg. Sikela has been tapped by the Czech government to be its member of the European Commission, and European Commiss…

China’s LNG Imports to Fall as Natural Gas Storage Nears Capacity

China’s natural gas in storage is nearing capacity, which could spell a decline in imports of liquefied natural gas, Bloomberg has reported, citing data releases from several regional gas storage hubs. If this year’s winter is cold, imports of LNG shou…

Manipueira Gold’s Mission to Find a More Sustainable Gold Ore Processing Solution

Manipueira Gold is transforming the artisanal gold mining sector with its innovative, plant-based extract solution. This pioneering technology replaces toxic mercury and cyanide salts with Manipueira, a natural extract from the abundant cyanogenic bitter cassava plant. We spoke with Bruce Cosgrove, the CEO of Manipueira Gold, the company behind the initiative, to learn more about […]

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Toyota Slashes EV Production Goal Amid Global Slowdown

Japan’s Toyota Motor Corporation has drastically cut its electric vehicle production target by 30% compared to previous plans, on the back of the slower EV uptake globally, Nikkei reported on Friday. Toyota, one of the world’s biggest car manufacturers…

Turkey Inks 10-Year, 4 Bcm Agreement to Buy U.S. LNG from Shell

Turkey’s state-owned Botaş Petroleum Pipeline Corp. is growing its LNG portfolio and the country’s potential as a natural gas hub with another long-term supply deal with a global market giant.

Azerbaijani president confident on Ukraine gas route talks

Azerbaijani President Ilham Aliyev said on Friday he was optimistic of a breakthrough in talks between Moscow and Kyiv to keep Russian gas flowing through Ukraine to several European countries.

21 Oil and Gas Firms Bid on New Exploration Areas in Norway

Norway’s latest license round for new acreage in the best-explored areas on the shelf has attracted bids from 21 oil and gas companies, the Norwegian Energy Ministry said on Friday. Norway holds an annual license round for exploration acreage in the be…

21 Oil and Gas Firms Bid on New Exploration Areas in Norway

Norway’s latest license round for new acreage in the best-explored areas on the shelf has attracted bids from 21 oil and gas companies, the Norwegian Energy Ministry said on Friday. Norway holds an annual license round for exploration acreage in the be…

21 Oil and Gas Firms Bid on New Exploration Areas in Norway

Norway’s latest license round for new acreage in the best-explored areas on the shelf has attracted bids from 21 oil and gas companies, the Norwegian Energy Ministry said on Friday. Norway holds an annual license round for exploration acreage in the be…

21 Oil and Gas Firms Bid on New Exploration Areas in Norway

Norway’s latest license round for new acreage in the best-explored areas on the shelf has attracted bids from 21 oil and gas companies, the Norwegian Energy Ministry said on Friday. Norway holds an annual license round for exploration acreage in the be…

21 Oil and Gas Firms Bid on New Exploration Areas in Norway

Norway’s latest license round for new acreage in the best-explored areas on the shelf has attracted bids from 21 oil and gas companies, the Norwegian Energy Ministry said on Friday. Norway holds an annual license round for exploration acreage in the be…

EU’s Gas Supplies Could Still Have Russian Gas Mixed In

The European Union will receive natural gas supplies that may have Russian gas mixed in, Czech energy minister Jozef Sikela told Bloomberg. Sikela has been tapped by the Czech government to be its member of the European Commission, and European Commiss…

Bearish Sentiment Has Taken Over Oil Markets

Bearish sentiment has well and truly taken over oil markets, with oil prices barely reacting to the OPEC+ decision to postpone its plan to boost production.Friday, September 6th, 2024Usually, high-impact OPEC+ decisions trigger a notable reaction in th…

Domestic Natural Gas, Oil Jobs Recover from Pandemic, but Industry Said Upended by Clean Fuels

In the wake of the pandemic, the U.S. energy sector from 2021 to 2022 added nearly 300,000 jobs, outpacing overall domestic employment growth, the Department of Energy (DOE) reported.

Texas Denies State Funding to 1.3 GW Natural Gas Plant Project

Texas regulators have denied state funding to a proposed 1.3-gigawatt natural gas-fired power plant, due to the applicant failing to meet due diligence, days after shortlisting the project as eligible to receive low-interest rate loans from the Texas E…

Natural Gas E&Ps ‘Scream From Rooftops’ for More Permian Pipelines as Matterhorn Begins Initial Start

The Matterhorn Express Pipeline has started initial flows from the Permian Basin, adding 2.5 Bcf/d of natural gas takeaway capacity and setting the stage for relieving a supply glut that has sent Waha prices below zero since the spring.

Natural Gas Futures Relinquish Gains as Supply Risks Remain

October Nymex natural gas futures returned to meandering near unchanged early Friday, withering away prior-day gains fueled by a tighter supply/demand balance and a weighty storage data miss, lingering warm weather, and scaled-down production.