Day: October 29, 2023
American Oil Giants Boost Domestic Footprint As Geopolitical Tensions Mount
ExxonMobil and Chevron have just announced mega acquisition deals to buy U.S. firms, which will boost the footprint of the U.S. oil supermajors in their domestic upstream market and the hottest exploration success of the past few years, Guyana. Bett…
Mega Mergers Spark New Debate Over Oil Demand Controversy
Around the time when Exxon announced the acquisition of Pioneer Natural Resources, the International Energy Agency published its much-awaited World Energy Outlook. It contained no surprises: a month earlier, its head, Fatih Birol, had said the IEA expe…
ExxonMobil Looks For Even More Takeover Opportunities
If there was any doubt left in your mind whether or not the oil and gas industry is literally running like greased lightning nowadays, it has been reported that ExxonMobil is still seeking out new M&A opportunities – even after the firm’s massive $60 b…
Perovskite Solar Cell Breakthrough Boosts Performance At High Temperatures
A University of Hong Kong (CityU) team has engineered a unique type of self-assembled monolayer, or SAM for short, and anchored it on a nickel oxide surface as a charge extraction layer for building perovskite solar cells. Perovskite solar cells are a …
How The EU’s Carbon Tax Scheme Is Reshaping Global Steel Trade
Via Metal Miner This month saw the launch of the EU’s CBAM policy, a much-needed abbreviation for Carbon Border Adjustment Mechanism. Officials designed the trade policy to put a fair price on the carbon emitted during the production of carbon-intensiv…
Unpacking geopolitical risks in the oil market
Watch Rory Johnston of Commodity Context on how the Israel-Hamas war affects energy security