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Trump has launched the United States’ most aggressive rare-earth and critical-minerals expansion in more than a decade, signing over $10 billion in supply-chain deals across Australia, Japan, Malaysia, and Thailand in less than a week. The flurry of agreements aims to cut China’s 90 percent grip on global refining capacity and establish a network of Indo-Pacific partners for mining, processing, and stockpiling key materials vital to defense and clean-tech industries.On Tuesday, the United States and Japan signed an agreement to secure…
US retail power prices have surged 13% since 2022, outpacing the Consumer Price Index (CPI) and driving higher costs for consumers. While many have pointed to rising demand from data centers as the culprit for the increase, Rystad Energy’s analysis shows that data centers have yet to significantly influence power prices in the current terms. Our research points to the full price impact of data centers emerging closer to 2030, driven by the completion of a wave of data center infrastructure and more centers coming online. Rystad predicts that…
Global satellite-detected methane emissions from the onshore upstream oil and gas sector ticked up late last year and into the first quarter of 2025, reversing a steady decline since 2020. Rystad Energy analysis, supported by satellite detection, highlights stark regional differences: China’s emissions surged nearly one-third year on year, while the US recorded a smaller rise of 4%. Russia, on the other hand, posted a 5% drop in the first quarter, largely due to the ongoing Russia-Ukraine conflict leading to lower production volumes. Detected…
The U.S. federal government this week declared sanctions on two of the largest Russian crude oil exporters, Rosneft and Lukoil, which together account for about half of the country’s total outflows. Oil prices jumped, traders got excited—then prices fell. But the supply security of some major importers just got problematic. Russia exports around 4 million barrels of crude oil daily. Some of the major producers have already been sanctioned earlier – Gazprom Neft, for example, and Surgutneftegaz. Rosneft and Lukoil are also the…
