The Gulf Cooperation Council’s borrowing requirements could drop to $10 billion over the next three years from about $270 billion, if oil prices continue to stay elevated, according to Goldman Sachs Group Inc. If prices for […]
Volkswagen AG, BP Plc and the oil company’s German gas station brand Aral are planning to invest in an electric-car charging network in Europe, Germany’s Manager Magazin reported. Details are likely to be announced Monday […]
CNBC Opinion: Crude oil prices are on a path to heights not seen since 2014, according to one chart analyst. As the energy sector tracks for its best quarter on record with a year-to-date gain […]
China is gorging on sanctioned Iranian oil — with imports forecast to more than double this month from February — as other countries hold off purchases for fear of incurring the wrath of the U.S. […]
AUSTIN, Texas—The Texas wind industry suffered a devastating financial blow during last month’s electricity crisis, which hit roughly half of the state’s wind farms and may force some to seek bankruptcy protection or relinquish control […]
Israel has targeted at least 12 ships bound for Syria, most of them transporting Iranian oil, with mines and other weapons, according to a Thursday report. The attacks started in late 2019 and targeted both […]
Axa SA, France’s biggest insurer, is dropping German energy giant RWE AG as a client in a decision that highlights how taboo the coal business has become. Not even an appeal from RWE Chief Executive […]
Solar power in California just had a good decade. Thanks to strong policy and, yes, good sun, solar expanded to become a significant proportion of the state’s electricity mix and help substantially decarbonize its power […]
Candidate Joe Biden rode into the White House promising to build back the economy after the devastation of Covid-19 with cleaner energy and a lower carbon footprint. The $1.9 trillion American Rescue Plan that President […]
You’d think a world tiptoeing its way out of the coronavirus pandemic might only be good news for governments and economies. Yet the consequent surge in the price of energy, metals and crops is highlighting the strengths of some and […]
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