Day: September 24, 2023
How The Transition Push Contributed To Higher Oil Prices
Earlier this week, Morgan Stanley said in a note that all signals for crude all were “flashing tightness”. The investment bank joined a growing number of forecasters expecting Brent crude to top $100 per barrel before the year’s end, again. What all th…
Uranium Investors Bet Big On Nuclear Renaissance
Uranium and the nuclear energy sector are enjoying a renaissance. There has been a palpable shift in support for nuclear power amid the transition to low-carbon fuels as well as a renewed push to enhance energy security after the global energy crisis t…
Investment Shortfall Threatens Europe’s Green Transition
An advisor to President Biden is the latest to call on the U.K. and Europe to follow in the footsteps of the U.S. and increase their investment in green technology. The U.K. and the rest of Europe have been repeatedly criticised over the last year for …
Aluminum Oxide Shortage Pushes Russia To Diversify Supply Chain
Via Metal Miner A somewhat desperate Russia has made some interesting moves relating to its need for aluminum oxide, also known as alumina. Recent reports indicate that the country began importing alumina from India several months ago. This is in addit…
World’s Fourth Biggest Iron Ore Producer Stops Buying Carbon Offsets
About three weeks after Shell, Europe’s largest oil company, quietly shelved the world’s largest corporate plan to develop carbon offsets, the world’s number four iron ore producer, Fortescue Metals Group Ltd., has decided to end purchases of voluntary…