Millennial Lithium Corp. (TSX VENTURE:ML) enters into an option agreement to acquire 100% of the Cauchari East Lithium Project in Jujuy Province, Argentina from Fernando Erik Villarroel Alcocer, subject to the approval of the TSX Venture Exchange. The Project is strategically located within the “Lithium Triangle,” which is host to some of the world’s largest lithium resources.
The first liquefied natural gas tanker ship passed through the expanded Panama Canal on July 25, hauling gas from the U.S. Gulf Coast. The shortcut means less time and money spent getting American gas across the Pacific. Natural gas already has a lot going for it — it’s cheap, burns cleaner than other fossil fuels and it’s plentiful. The new route just adds to why LNG may be the fuel of the future.
Welcome to the future of power generation: at SolarReserve’s 110 megawatt Crescent Dunes solar energy plant in Nevada. Capturing solar power in molten salt – and storing it reliably, with revolutionary US developed technology.
Saudi Arabia’s vast oil wealth has transformed the lives of its citizens – but it needs to turn off the rampant spending if it wants to balance the books. This Bloomberg QuickTake video explores how the kingdom plans to navigate its post-oil future.
The Treasury Department has released a breakdown of Saudi Arabia’s holdings of U.S. debt, after keeping the figures secret for more than four decades. Watch to learn more.
The oceans generate enough energy for us to give up coal and gas completely, but no one has been able to harness it effectively. Oscillate Power’s Triton is a wave harvester that uses a novel design which may be the key to unlocking the power of the ocean.
Bloomberg Editor-in-Chief John Micklethwait recaps his five hour conversation with Deputy Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud on his plans for the future of the kingdom.
In 90 seconds, Financial Times oil and gas correspondent Anjli Raval explains why Saudi Arabia, the world’s biggest oil exporter, has lost market share in more than half of the most important countries it sold crude to in the past three years.
There are more than one billion cars on the road worldwide today, and only one tenth of one percent of them have a plug. OPEC contends that even in the year 2040, EVs will make up just one percent. But don’t be so sure. By 2020, some electric cars and SUVs will be faster, safer, cheaper, and more convenient than their gasoline counterparts. What if people just stop buying oil? In the first episode of our animated series, Sooner Than You Think, Bloomberg’s Tom Randall does the math on when oil markets might be headed for the big crash.