(Bloomberg) – Shell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector. The British oil major is […]
The US is working to build its own rare earth element supply chain to reduce dependence on China. China currently dominates the market due to decades of investment and lax environmental regulations. Researchers are exploring […]
Humanity is almost a quarter of the way through the 21st century and Virginia — home to 70% of the world’s data centers — is on the frontlines of the latest emerging technology: artificial intelligence, […]
The European Union just passed a directive requiring ESG mandates for European businesses. ESG, of course, stands for environmental, social and governance standards. Or in the fine print — definite corporate action concerning climate change; […]
FRANKFURT, May 28 (Reuters) – Siemens Energy’s (ENR1n.DE), opens new tab wind turbine division Siemens Gamesa is planning to cut 4,100 jobs, or around 15% of its workforce, the unit’s Chief Executive Jochen Eickholt said in an […]
The UK currently holds the title of having the most expensive diesel in Europe, despite implementing a 5p-per-litre fuel duty cut in March 2022. New data from the RAC reveals that the average price of […]
Iberdrola, through its subsidiary Ailes Marines, has announced the completion of the Saint-Brieuc offshore wind farm, making it the second operational offshore wind farm in France and the first in Brittany. With all 62 wind […]
Data source: U.S. Energy Information Administration, Petroleum Supply Monthly Annual U.S. biodiesel imports doubled from 2022 to 2023 to 33,000 barrels per day (b/d) and continued to rise in the first two months of 2024, according to […]
Greeks are going to the ballots for the EU elections fuming over skyrocketing prices, especially of food and fuel, which have sparked an intense political debate among parties over how to stem the seemingly […]
New Jersey Governor Phil Murphy has announced that a settlement was reached between state agencies and Danish offshore wind developer Ørsted over two cancelled offshore wind projects in the state. Ørsted said last October that […]
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