Oil plays a relevant and important role in the global economy, despite the efforts for alternative green energy sources. The price of oil is impacted like most other commodities by supply, and demand. This article explores the different ways in which oil prices can be impacted.
The global electric car fleet is rapidly expanding. Many car manufacturers are quickly producing electric vehicles (EV) to meet the growing demand. This increases the pressure for minerals whilst pushing up the prices and disrupting mining production.
Oil and Gas are the main industries in the energy market and play an influential role in the global market. We rely on oil for transportation, heating and electricity, industrial production, and manufacturing. Gas fuels many industrial processes that produce materials and goods.
There are two main categories of modern mining: surface mining and underground mining. In surface mining, the ground is blasted to allow ore’s close to the Earth’s surface to be removed and extract the minerals.
Mining is the process used to obtain valuable resources from the Earth. This is done to acquire supplies that cannot be produced or manufactured through artificial methods. There are numerous techniques to extract these materials. The most commonly used procedures are.
Another year has drawn to a close, but before we kick into 2023 with full swing, we look over our company achievements as well as personal triumphs.
Please be aware of our Christmas hours in both our SA and UK offices this coming month.
Storm Procurement is excited to announce a new member of our team, Sam Davies, Sourcing Specialist Manager, in our UK office.
There is now a critical call for global change, and with the need for renewable energy rising rapidly, the opportunity to invest in these resources is now. For many African countries, there are opportunities to use their existing resources to handle the need to meet net-zero.