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Disaster Looms As French Uranium Mine in Niger Faces Bankruptcy

OilPrice

The company cited a breakdown in talks with Niamey and the blocking of essential equipment at the border as the primary drivers of the crisis. The COMINAK mine in the Arlit region once supplied up to 30% of France’s uranium needs. Although the mine ceased production in 2021, Orano remains responsible…

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Oil Prices Could Sink Below $50 This Year

OilPrice

This will give American drivers much needed relief at the pump after years of gas price inflation. Crude oil prices could decline below $50 a barrel this year, according to analysts from outlets including S&P Global. One reason for the hypothetical decline is what is widely seen as weakening demand growth.

Oil 359
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Energy and Water Scarcity: The Hidden Drivers of Global Conflict

OilPrice

It should come as no surprise that the two major conflicts raging in the world today involve large energy producers and exporters, namely, Iran and Russia. Energy resources, especially fossil fuels, attract conflicts because they are so unevenly distributed in the world and because despite this, everyone needs those resources.

Drivers 275
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China’s Gas Firms Want Power Sector To Prop Up Demand

OilPrice

As China’s natural gas demand growth slows, domestic gas producers are lobbying the authorities to raise the number of gas-fired power plants, which they see as the key growth driver going forward, sources involved in advising on energy policy have told Bloomberg.

Gas 159
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IEA sees 2025 energy investment hitting $3.3 trillion

Oil & Gas 360º

Amid the geopolitical and economic uncertainties that are clouding the outlook for the energy world, we see energy security coming through as a key driver of the growth in global investment this year to a record $3.3 trillion, the total for what the IEA calls clean energy certainly seems impressive.

Energy 130
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Making Clean Energy Credits Count: What the IRA Means for Your Bottom Line

POWER Magazine

Clean energy is accelerating, and the Inflation Reduction Act (IRA) is a major driver. It introduced the largest package of federal clean energy tax incentives in U.S. history, with significant […] The post Making Clean Energy Credits Count: What the IRA Means for Your Bottom Line appeared first on POWER Magazine.

Drivers 130
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Don't Stop Believin', Encore Edition - Data Centers, LNG Exports and Southeast Demand Key to Marcellus/Utica Growth

RBN Energy

In today’s RBN blog, we examine the three big gas-demand drivers behind the shale play’s impending renewal. And a lot of new gas-fired generating capacity — much of it tied to planned data centers — is under development within (or very near) the Marcellus/Utica region.

Drivers 79