A surplus occurs when there is a disconnect between supply and demand. A surplus describes the amount of an asset or resource that exceeds the portion needed and used. A surplus can refer to ...

Electrification reduces diesel consumption and emissions from oilfield operations. Many oil companies executives are concerned about the cost of going electric. Costs and access to the grid are ...

11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient Macquarie: "our balances contemplate heavy oversupply across the next five quarters" This week ...

Making a success of Carbon Capture and Usage, and Storage (CCUS) was first tried in the UK between 2005 and 2007 by the ...

Weaker-than-expected demand is set to tip the oil market into a surplus over the next five quarters, Macquarie said in a Friday note as it lowered its Brent and WTI oil forecasts for the rest of ...

Nigeria recorded a trade surplus of N6.95 trillion in the second quarter of 2024, reflecting the country’s strong export performance amidst a slight decline in overall merchandise trade. This surplus ...

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“Sentiment among energy investors has turned decisively bearish as OPEC+ now plans to add barrels into a surplus oil market,” ...

Oil prices post losses for the month and quarter on bets for a supply surplus WTI, Brent crude fail to find support from growing Middle East tensions Last Updated: Sept. 30, 2024 at 3:32 p.m. ET ...

Nigerian foreign exchange earnings grew in the second quarter of 2024 based on strong export performance as the foreign trade surplus increased to N6.95tn. A trade surplus is an economic measure ...