An evaluation of more than 1,500 climate policies in 41 countries found that only 63 actually worked to reduce greenhouse gas emissions. Subsidies and regulations—policy types often favored by governments—rarely worked to reduce emissions, the […]
Rising oil production in the US, Guyana, and Brazil is challenging OPEC’s ability to reverse its output cuts. The EIA forecasts that global oil supply will fall short of demand in the second half of […]
Last week, both Atlantic and Pacific rates experienced a decline. “Spark30s Atlantic rates experienced a second week-on-week decrease, falling by $8,250 to $61,500 per day,” Qasim Afghan, Spark’s commercial analyst told LNG Prime on Friday. He said this […]
Those responsible for the attack on Kursk Region will be “severely punished,” Russia’s ambassador in US Anatoly Antonov also said President Vladimir Putin has decided on how to respond to Kiev’s incursion into Russia’s Kursk […]
Firms across the UK’s oil and gas supply chain have raised concerns about the government’s plans to increase windfall taxes and remove investment incentives. In an open letter to HM Treasury, 42 companies warned that […]
The energy regulator has announced its decision to support the implementation of transitional arrangements in the electricity connections process, following requests from the National Grid Electricity System Operator (NGESO) and the three Great Britain Transmission […]
Norwegian energy major Equinor and its partner Polenergia have received construction permits for both the offshore and onshore parts of the Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. The Bałtyk offshore wind […]
The Canadian rail strike ended yesterday some 18 hours after it started as authorities moved rapidly to avert an economic disaster. Canada’s two biggest railways shut down yesterday after a midnight deadline passed without an […]
Citi: oil prices could be set to rebound after sell off. The recent oil price decline is primarily driven by two key factors: easing geopolitical risks, particularly in Gaza with a potential ceasefire on the […]
The bleak, blustery skies above Guangzhou are whipping the cramped two-seater aircraft with rain. One hundred feet above the ground, the plane’s 16 small electric rotors thrash alarmingly against the wind. Waiting below are murky […]
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