Crude oil prices remained largely unchanged today, after the U.S. Energy Information Administration reported an inventory draw of a modest half a million barrels for the week to October 25. At the time of writing, Brent crude was trading […]
Republican candidate Donald Trump will “most probably” win the US presidential election next month, economist Christophe Barraud, ranked by Bloomberg as the top forecaster of the American economy, has said. With one week to go until the […]
The impending closure of two Advanced Gas Reactor (AGR) nuclear power stations in the UK is predicted to lead to higher wholesale electricity prices in 2027, potentially undermining the government’s promise to reduce energy bills […]
The Biden-Harris administration released DOE data showing its push to electrify everything will ratchet up costs for American households. The Biden-Harris administration released data on Oct. 17 suggesting its push to electrify everything will ratchet […]
A German city learns electric buses are significantly pricier than diesel ones, even with subsidies, causing delays in their green transition. The hype about green energies being the future is quickly becoming a thing of […]
Company is working with advisers to gauge buyer interest Colonial Pipeline is backed by investors including KKR, CDPQ Colonial Pipeline Co., operator of the largest US fuel pipeline system, is weighing options including a sale […]
TINOS, Greece, Oct 28 (Reuters Breakingviews) – The task of decarbonising the global economy can be split into three parts: electrify as many activities as possible; use low-carbon processes when that’s not possible; and make […]
GOP lawmakers demand answers from DOE over allegations it buried a study on LNG emissions, claiming Biden-Harris admin has hurt US energy interests. Forty-five GOP lawmakers are demanding answers from the Department of Energy (DOE) […]
BP and Shell are expected to report lower profits this week due to weak oil prices and falling refining margins. Both companies are facing investor pressure, with BP scaling back its renewable energy plans and […]
The group’s success means that the West is no longer totally in control of international systems This week’s BRICS summit in Kazan, Russia, caused a stir, which is understandable. It was a major event in […]
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