Commodity Buzz

University of Michigan engineers have designed new chemical reactor to make an important ingredient for plastics, adhesives, carpet fibers, household cleaners and more from natural gas. The idea could reduce manufacturing costs in a post-petroleum econ…

Via SchiffGold.com, What is Nvidia? If you’re a committed gamer the question may sound like nonsense. Nvidia, which was founded in 1993, is a tech company that makes GPUs and other products. It originally specialized in making products for the video ga…

After a midweek nosedive, natural gas futures hovered close to even through midday trading Thursday, largely weathering the bearish impact of a high-side injection miss in the latest U.S. Energy Information Administration (EIA) storage data. Here’s the latest: Soon-to-expire May Nymex futures down 2.2 cents to $1.631/MMBtu at around 2:10 p.m. ET Henry Hub spot…

The post Natural Gas Futures Steady Following Midweek Swoon — MidDay Market Snapshot appeared first on Natural Gas Intelligence

Saudi Aramco has sealed a sponsorship deal with FIFA, the International Federation of Association Football, through 2027, after winning a bidding process last October in which it was the only sponsorship candidate, the Associated Press reports. With th…

Management changes announced this week: Appia Rare Earths & Uranium named Andre Costa its new VP exploration for Brazil. C2C Metals named […]
The post Mining People: Appia, C2C Metals, Lincoln Strategic, QI Minerals, Honey Badger, Atacama app…

Star Diamond (TSX: DIAM) and Minespider, a leading traceability platform for tracking minerals and raw materials, announced today that they have partnered […]
The post Star Diamond, Minespider launch passport to comply with new G7 rules appeared …

Featuring Andy Nasr, CFA, Chief Investment Officer, Scotia Wealth Management Please join us on Wednesday May 8th at 2:00 pm MST for an Economic & Market Update, featuring Andy Nasr. During this seminar, Andy will dive into the current economy and m…

Beyond Lithium (CSSE: BY; OTCQB: BYDMF) and its exploration team have won the 2023 Bernie Schnieders Discovery of the Year award for […]
The post Beyond Lithium team honoured with NWOPA Bernie Schnieders award for Victory project appeared first o…

Metso and JSC Almalyk Mining and Metallurgical complex have signed a frame agreement on significant process technology deliveries for Almalyk MMC’s new […]
The post Metso to deliver copper smelter to Almalyk MMC, Uzbekistan appeared first on Cana…

When the presidents of Azerbaijan and Russia met on April 22 at the Kremlin, it wasn’t Nagorno-Karabakh, Ukraine, or Iran that took center stage. It was the 50th anniversary of a Soviet railroad construction project. The occasion for the visit, at leas…

Range Resources Corp. kept natural gas production steady through the first quarter, even as others pulled back, and it expects to maintain the same pace through 2024. The Appalachian Basin pure play’s executives reiterated to analysts during a call to discuss first quarter earnings on Wednesday that they intend to hold output flat this year.…

The post Range Resources Sees Strong Natural Gas Demand, Keeps Production Steady appeared first on Natural Gas Intelligence

Energy firms held by Czech billionaire Daniel Kretinsky have reported core earnings of $7.8 billion (7.3 billion euros) for 2023, Reuters reported on Thursday.   The energy assets of Kretinsky’s EP Corporate Group include the flagship energy holding EP…

The mining world is all aquiver this morning at talks of a potential mega-deal from BHP to buy up London-listed miner Anglo American. Metals miner Anglo has been seen as a potential takeover mark since its share price took a sharp dive last year on the…

Toronto, ON: The Canadian Taxpayers Federation is criticizing the Trudeau and Ford governments to for giving $5 billion to the Honda Motor Company. “The Trudeau and Ford governments are giving billions to yet another multinational corporation and leavi…

Concern over inflation cools, worry over the deficit rises; few see Trudeau best to handle top issues April 25, 2024 – As the federal government looks to address “generation fairness” in its most recent budget, new data from the non-profit Angus Reid I…

Hertz Global Holdings Inc (NASDAQ: HTZ) has raised the number of electric vehicles it plans to sell this year as it is cutting its EV fleet to reduce losses that have weighed on the car rental giant’s earnings. In the first quarter, Hertz upsized its E…

Chevron launched its first production at its Tengiz oilfield expansion project in Kazakhstan on Thursday, with completion of the final phase of the expansion set for the first half of next year, enabling an additional 260,000 barrels per day of crude o…

Click here to listen to the latest episode of NGI’s Hub & Flow podcast. Neil Chatterjee, a former FERC chairman and commissioner, joins NGI’s Jamison Cocklin, managing editor of LNG, to discuss the political and regulatory aspects of President Biden’s pause on authorizing new liquefied natural gas export projects. Chatterjee, an environmental and energy attorney…

The post Navigating the New LNG Regulatory Landscape – Listen Now to NGI’s Hub & Flow  appeared first on Natural Gas Intelligence

In a move that could reshape Europe’s energy landscape, the European Commission is poised to propose new sanctions targeting Russian liquefied natural gas (LNG) imports. According to Reuters sources close to the matter, the proposed measures will inclu…

Baseload natural gas prices were trending lower for May delivery as mild weather and a glut of supply in Texas kept bidders from rushing to buy on the first day of bidweek trading Wednesday (April 24), according to NGI’s Bidweek Alert (BWA). In West Texas, Waha traded at fixed prices between negative 44.0 cents and…

The post Mild Weather and Supply Woes Weigh on May Natural Gas Bidweek Prices  appeared first on Natural Gas Intelligence

Q2 Metals (TSXV:QTWO) recently reported the core assay results from its first drill program, which took place in the fall of 2023 at its wholly owned Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec. The property spans over 8,668 hectares. The inaugural drilling focused on the Mia Lithium Exploration Trend, approximately […]

The post Q2 Metals (TSXV:QTWO) Announces Assay Results at Mia Property in Quebec From 2023 Inaugural Drill Program appeared first on MiningFeeds.

The latest natural gas storage report by the U.S. Energy Information Administration (EIA) surprised the market with a bigger-than-expected 92 Bcf injection for the week ended April 19. Natural gas futures initially responded by trading lower before narrowing their day/day decline. The May Nymex contract was trading 3.6 cents lower day/day at around $1.617/MMBtu in…

The post May Natural Gas Futures Shake Off Plump Build to Narrow Declines appeared first on Natural Gas Intelligence

The Arab oil embargo from 1973 is a painful memory for those who lived through it. It was the reason for creating the Strategic Petroleum Reserve in the United States and the International Energy Agency as means of, if not shielding oil-consuming count…

The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba.
The post BHP-Anglo American potential merger: It’s all about copper appeared first on Canadian Mining Journal.

CHEYENNE, Wyo., April 25, 2024 /PRNewswire/ — U.S. Gold Corp. (“U.S. Gold,” the “Company,” “we,” “our” or “us”) (NASDAQ: USAU), is pleased to announce that it has closed the previously announced purchase and sale of an aggregate of 1,400,000 shares of our common stock at $3.50 per share in a registered direct offering and, in a concurrent private […]

Xcel Energy posted a better-than-expected first-quarter profit on Thursday, as the electric and natural gas utility benefited from lower operating expenses due to cost-cutting initiatives and lower natural gas costs.

Automaker will focus on a manufacturing site north of Toronto The company will unveil details on Thursday with PM Trudeau Bloomberg Honda Motor Co. announced it will spend C$15 billion (US$11 billion) to build electric vehicles north of Toronto, with l…

Guanajuato Silver Company Ltd. (the “Company” or “GSilver“) (TSXV:GSVR)(OTCQX:GSVRF), a significant producer of silver and gold in Mexico, is pleased to announce that Miranda Werstiuk has joined the Company’s Board of Directors. Guanajuato Silver Chairman and CEO, James Anderson, said, “Having known Miranda for over a decade, I know that with her +30-years of resource-specific […]

Hess Corporation (NYSE: HES) reported on Thursday much higher-than-expected net income for the first quarter of 2024 amid soaring oil and gas production, as the planned acquisition by U.S. supermajor Chevron drags on. Hess Corporation posted a net inco…

Russian pipeline operator Transneft has warned Kazakhstan’s oil companies that ship crude to Germany via Transneft’s Druzhba pipeline that the customers of the Kazakh firms have until June to pay for metering services or risk a halt to supplies, tradin…

April 25, 2024 – Vancouver, British Columbia – Kodiak Copper Corp. (the “Company” or “Kodiak”) (TSX-V: KDK, OTCQB: KDKCF, Frankfurt: 5DD1) today reports a new copper porphyry discovery at the 1516 Zone located on the southern portion of the 100% owned MPD copper-gold porphyry project in southern British Columbia. Results from the final 21 holes drilled […]

This week’s episode features Currie Metals & Mining Group’s Cam Currie in conversation with host Adrian Pocobelli on macroeconomics, gold stocks, copper, and lithium. Currie explains […]
The post TNM Podcast: ‘Price action creates a narrative…

As the global renewable energy capacity increases, so does the amount of waste from end-of-life equipment from solar, wind and other renewable energy activities. If we don’t address this problem soon it could become a whole new threat to the environmen…

Natural gas end users are increasingly focused on sustainability and have shown a keen interest in the availability of low carbon fuel options. Still, the question often arises – are they willing to pay a premium? At the recent LDC Gas Forums Southeast in Ponte Vedra Beach, FL, executives of local distribution companies and natural…

The post Premium Too High for Customers Requesting Renewable Fuels, Natural Gas Suppliers Say   appeared first on Natural Gas Intelligence

Spain’s Repsol said on Thursday that first-quarter profit fell by a third – though that was less than expected – hurt by lower gas prices and a weaker performance from its refining and trading businesses.

Russian pipeline operator Transneft has warned Kazakhstan’s oil companies that ship crude to Germany via Transneft’s Druzhba pipeline that the customers of the Kazakh firms have until June to pay for metering services or risk a halt to supplies, tradin…

Brian Jean Alberta is blessed when it comes to people and resources. Our province has been built and sustained by hard working risk takers and innovators. And these special people have been able to put to productive use some of the world’s greatest res…

The world’s energy companies are becoming more pragmatic in their approach to reaching net-zero emissions and Baker Hughes Co.’s customers plan to boost their natural gas exposure in the coming years, CEO Lorenzo Simonelli said.  It is “becoming clearer just how complex the undertaking is for the transition of the world’s energy ecosystem,” Simonelli said…

The post Baker Hughes CEO Heralds ‘The Age of Gas,’ Touts LNG as Climate Solution  appeared first on Natural Gas Intelligence

Freeport LNG Development LP has reported another outage of its third train, currently the only one not under extensive maintenance at its Texas terminal, days after production appeared to resume, according to pipeline data and regulatory filings. The firm told Texas environmental regulators the unit experienced a system trip on Tuesday afternoon that lasted until…

The post Freeport LNG Reports Second Train 3 Outage in Two Weeks as Maintenance Continues appeared first on Natural Gas Intelligence

CALGARY — Precision Drilling Corp. reported a first-quarter profit of $36.5 million, down from $95.8 million a year ago, as its revenue also edged lower.
The company says the profit amounted to $2.53 per diluted share for the quarter ended March 31, d…

After selling off sharply in the previous session, natural gas futures remained under pressure early Thursday as traders prepared to digest a potential surplus-expanding government inventory report.  The May Nymex contract was off 0.4 cents to $1.649/MMBtu at around 8:30 a.m. ET. June was down 2.6 cents to $1.953. The market early Thursday was expecting…

The post Natural Gas Futures Extend Slide Ahead of Potentially Plump Injection appeared first on Natural Gas Intelligence

Summary U.S. gasoline stockpiles decrease less than expected Israel says Rafah assault looms Slow but solid US economic growth seen in first quarter (Reuters) – Oil steadied on Thursday after settling lower the previous day as signs of retreating…

Renewable energy sources generated over a third of Australia’s utility-supplied electricity during the first quarter of 2024, a record share for solar and wind farms during the first quarter of the year and Australia’s peak summer demand period.

CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) — Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three months ended March 31, 2024. The unaudited condensed consol…

CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) — Prospera Energy Inc. (“Prospera” or the “Company”) (TSX.V: PEI, OTC: GXRFF, FRA: OF6B, OF6B.SG, OF6B.F, OF6B.BE). Prospera Energy Inc. announces that the filing of its audited annual financial stateme…

Adjusted EBITDA1 of $132 million ($0.47/basic share) Discretionary Free Cash Flow1 of $93 million ($0.33/basic share) Strengthened our capital structure with debt repayment and refinancing. At March 31, 2024, the Corporation had $264 million of cash an…

CALGARY, Alberta, April 25, 2024 (GLOBE NEWSWIRE) — This news release contains “forward-looking information and statements” within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and th…

CALGARY, AB, April 24, 2024 /CNW/ – Whitecap Resources Inc. (“Whitecap” or the “Company”) (TSX: WCP) is pleased to report its operating and unaudited financial results for the three months ended March 31, 2024. Selected financial and operating informat…

South Korean HD Hyundai Heavy Industries will build the FSRU. [Image: MOL]

The company delivered 173 LNG cargoes last year.

32% of engaged women disagree that current energy policies are right for them and their families By Will Gibson Follow CEC on LinkedIn  CEC LinkedIn Follow CEC on Facebook CEC Facebook Follow CEC on Twitter CEC Twitter A new survey has found a growing …

Equinor posted a sharp fall in first-quarter profit on Thursday, hit by tumbling natural gas prices in Europe, though strong energy trading and rising output limited the decline.

A consortium of Hong Kong’s CK Infrastructure, CK Asset, and Power Assets will acquire a Northern Ireland gas distribution network operator, Phoenix Energy, for an enterprise value of about HK$7.4 billion ($945.3 million).

Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.

The plant, located close to the Barcarena LNG terminal, is expected to come online by August 2026. [Image: NFE]

Russia’s liquefied natural gas (LNG) exports could stagnate in the next four years under the two less-rosy of three Economy Ministry scenarios – a sign that Western sanctions might be cramping Moscow’s energy plans.

Oil prices have held steady week on week despite a significant inventory build in U.S. crude two weeks ago, which was countered by a draw in U.S. crude stockpiles for the week ending April 19th. Next to this, traders have become less concerned about a …

While U.S. and European automakers struggle with weaker demand for electric vehicles, China is churning out a growing number of small and cheap EVs that are taking over the domestic car market and other markets in Asia. Affordability has been a key dri…

More operational wobbles at the Freeport LNG terminal and worries of an expected bearish government storage print Thursday triggered another bout of selling in natural gas futures Wednesday. At A Glance: Freeport LNG Train 3 trips EQT sees curtailments through May Analysts expect above-average build The May Nymex contract dove around 10.0 cents in the…

The post Natural Gas Futures Retreat as Freeport Hiccup, Expected Bearish Storage Print Spook Traders  appeared first on Natural Gas Intelligence

Investments in the energy transition are falling way short of what is needed for its success. The fresh warning comes from BlackRock, which said annual investments in the shift away from hydrocarbons need to almost double from their current record leve…