Half of capacity in October auction has delivery obligation Companies keen to avoid destination requirement for cargoes Germany wants to lock in contracts for liquefied natural gas with a delivery obligation, an effort to deter […]
U.S. oil prices soared Wednesday to their highest level in more than a year. Most frackers plan to stay on the sidelines. Surging global demand coupled with output cuts by Saudi Arabia and Russia have sent crude […]
Wolfsburg plant will produce all-electric Golf model Documents show allocation of production in strategic plan Volkswagen AG is shelving a plan to build a €2 billion ($2.1 billion) factory for an important new electric-car project dubbed […]
Soaring costs, high interest rates and clogged supply chains have buffeted the offshore wind power industry as it tries to expand from Europe to the US east coast. Add to these another obstacle: increasingly vocal […]
Lloyd’s of London and other big European insurers are underwriting almost a third of US coal production despite their net zero pledges, according to research, with the Lloyd’s insurance market emerging as the second-biggest player. […]
Polar bears are a familiar sight to many through the media as we see evocative images of singular bears floating on isolated ice rafts as they face the harsh realities of climate change shrinking sea […]
In a statement to the 67th International Atomic Energy Agency General Conference, Minister of Energy Prince Abdulaziz Bin Salman Bin Abdulaziz Al Saud reiterated the Kingdom of Saudi Arabia’s intention to develop “peaceful uses for nuclear energy […]
(Bloomberg) – The Biden administration is charting plans to sell offshore oil drilling rights in the Gulf of Mexico over the next five years. The Interior Department ruled out adopting an offshore oil leasing plan […]
Six young people from areas in Portugal ravaged by wildfires and heatwaves will on Wednesday take 32 European governments to court over what they see as climate inaction, arguing countries’ failure to cut emissions fast enough is a violation […]
(Bloomberg) — Saudi Aramco agreed to buy a stake in MidOcean Energy for $500 million, its first investment in liquefied natural gas as the company seeks to diversify beyond its core oil business. Aramco is […]
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