June 19 2020

Shell Enters the Mining Sector, Stressing Digital Prowess

Shell and IBM have launched a digital services marketplace for mining companies called Oren - Shell isn't the only oil major keen to exploit its software analytics originally developed for internal operations.

June 19 2020

Tesla Targets Cobalt-Free Batteries in All Models

Tesla's recently published impact report for 2019 reiterated the company's ultimate goal to eliminate cobalt completely from its battery cells.

June 16 2020

Low-Cost Lithium Carbonate Incentivizes LFP Battery Switch

Automakers worried about materials supply for their new electric vehicle models need to take a closer look into the different lithium chemical markets.

June 11 2020

Oil Demand From Road Transport: Covid-19 and Beyond

Road transport consumed more than 40% of all oil demand in 2019. The sector’s growth has been responsible for over half of total oil demand growth since 2000, and producers and forecasters alike expect there to be more growth to come.

June 11 2020

Three Ways That Covid-19 is Impacting The Biofuels Sector

The Covid-19 pandemic has sent a shockwave through the global oil industry, which, along with the subsequent oil prices shock, has created a unique set of challenges for the biofuels sector.

June 4 2020

Covid-19 Means U.K. New Gas Power Is 27% Cheaper

Since 2012, the average annual natural gas price in the U.K. has ranged from 5 to 10 pounds ($6-12) per million British thermal units. However, demand has eroded during the Covid-19 pandemic, causing the price to tumble to 2.63 pounds in the first quarter.

June 4 2020

To Grow or Not to Grow? Lithium Producer Strategies Differ

Three top global lithium producers are reacting differently to pressure from the Covid-19 pandemic.

June 4 2020

Oil Price Shock Flattens the Cost Curve for Petrochemicals

The decline in oil prices and demand shock for gasoline has dragged down the price of naphtha, a major oil-based petrochemical feedstock.

May 29 2020

Oilfield Service Companies Fall Back On Digital Strategy As Revenues Tumble

Baker Hughes, Halliburton and Schlumberger have been hit hard by the economic downturn. However, their commitment to a new digital strategy has not waned.

May 28 2020

Digital Strategy of Oilfield Services During Covid-19

The combined net income of Baker Hughes, Halliburton and Schlumberger was -$18.6 billion in 1Q 2020.

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