No Surprise That OPEC-Plus Sides With Russia Over Biden In Oil Market

Russia’s President Vladimir Putin (R) and Saudi Arabia’s Crown Prince Mohammed bin Salman at the G20 … [+] Leaders’ Summit in Buenos Aires, on November 30, 2018. (Photo by ludo...

Orsted to use more fossil fuels as energy crisis continues

Jens Auer | Moment | Getty Images Energy firm Orsted is to continue or restart operations at three fossil fuel facilities after being ordered by Danish authorities to do so, as governments around Euro...

Is Credit Suisse the 2022 Lehman Brothers?

The nightmare resurfaces. The visions of red screens in panicking trading rooms return. And the September 2008 images and photos of Lehman Brothers employees leaving the New York headquarters with box...

A Wild Week In Energy Markets And The British Pound Takes A Tumble: Forbes AI Newsletter

PA Images via Getty Images TL;DR The British Pound has crashed off the bank of announcements from new Prime Minister Liz Truss, causing the central bank to step in to sure up the economy U.S. consumer...

Vestas launches ‘world’s tallest onshore tower for wind turbines’

A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters. Jonas Walzberg | Picture Alliance | Getty Images ...

Wednesday, September 28. Russia’s War On Ukraine: News And Information

Relatives and friends comfort a woman after Ukrainian rescue workers found a body of a person under … [+] the debris following a Russian attack that heavily damaged a school in Mykolaivka, Ukrai...

Monday, September 26. Russia’s War On Ukraine: News And Information

A woman carries humanitarian aid at the distribution point in the recently retaken town of Izium, … [+] Ukraine, Sunday, Sept. 25, 2022. (AP Photo/Evgeniy Maloletka) Copyright 2022 The Associate...

Italy’s Far-Right Turn Prompts Adulation, Trepidation And Dismay From Europe’s Leaders

Topline Giorgia Meloni is on course to become Italy’s first female prime minister and lead the country’s most right-wing government since World War Two, a sharp rightwards turn that has been met with ...

Big businesses trumpet ESG credentials. Scrutiny is on the rise

As the 2020s progress, discussions about climate change, the environment and issues related to equality and diversity are at the forefront of many people’s minds. The corporate world is no excep...

How Putin’s Invasion Of Ukraine Produced A Windfall For Enviva’s Wood Pellets Business

Environmentalists have doubts, but John Keppler’s faith in the energy source is rewarded by European customers willing to pay top dollar. On a crisp North Carolina morning, an eastern pine forest is b...

Why U.S. Shale Producers Aren’t Riding To The Rescue Despite Tight Oil Supplies

In an aerial view of oil pumpjacks at work in the Permian Basin oil field in Crane, Texas. A … [+] tightening global ban on Russian oil and other geopolitical realities may mean that oil produce...

Volvo starts series production of heavy-duty electric trucks

This image shows workers at Volvo Trucks’ plant in Sweden. Volvo Trucks Volvo Trucks said Wednesday that production of three heavy duty electric truck models was now underway, with its president...

How Does Ukraine Define Victory?

Participation of the President of Ukraine Volodymyr Zelenskyy in the annual meeting of the Yalta … [+] European Strategy, September 9, 2022. Kyiv, Ukraine. Office of the President of Ukraine As ...

Russia Tightens The Geopolitical Energy Screws On Germany And The EU

The natural gas storage facility operated by Astora GmbH & Co KG, one of the largest in Western … [+] Europe and formerly controlled by Gazprom Germania GmbH, in Rehden, Germany, on Tuesday,...

Energy CEO calls out Europe’s ‘foolish’ dependence on natural gas

Enel’s Francesco Starace photographed during the World Economic Forum in Switzerland on May 24, 2022. During an interview with CNBC on Friday, Starace said dependence on gas was “foolish.&...

Huge offshore wind farm Hornsea 2 is fully operational, Orsted says

One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts. Orsted A facility described by Danish energy fi...

The EU Vows To Solve Energy Price Problem It Helped To Create

French President Emmanuel Macron (C,L) and Greek Prime minister Kyriakos Mitsotakis (C,R), flanked … [+] by Malta’s Prime Minister Robert Abela (L), European Commission President Ursula vo...

Stop Genocide In Ukraine By Cancelling All Russian Visas

The Russian passport may soon no longer be a valued item if the EU implements sanctions (Photo by … [+] Vladimir Zivojinovic / AFP) (Photo by VLADIMIR ZIVOJINOVIC/AFP via Getty Images) AFP via G...

Australian bank to scrap loans for new diesel and gasoline cars

Cars and buses in Sydney, Australia, on Monday, May 25, 2020. Authorities in the country are looking to set up a National Electric Vehicle Strategy. Brendon Thorne | Bloomberg | Getty Images An Austra...

London to face water restrictions from next week, Thames Water says

A man walks in Greenwich Park, London, on August 14, 2022. On August 17, Thames Water said a Temporary Use Ban covering London and the Thames Valley would begin next week. Dominic Lipinski | PA Images...

The EU is on the verge of creating a new AML regulator that will oversee crypto

The European Union is poised to create a brand new regulator with direct crypto oversight. While the crypto industry’s attention has been on the Markets in Crypto Assets regulation and the controversi...

We’ll have to burn additional coal in the short term, CFO of RWE says

An excavator photographed at a lignite mine operated by RWE on April 8, 2022. RWE says it wants to be carbon neutral by 2040. Alex Kraus | Bloomberg | Getty Images The chief financial officer of Germa...

What Color Is Your Hydrogen? Not All Hydrogen Is Clean.

Green hydrogen is made by using clean electricity from renewable energy technologies to electrolyse … [+] water (H2O), separating the hydrogen atom within it from its molecular twin oxygen. gett...

Goldman doesn’t see nuclear as a transformational tech for the future

A nuclear power plant photographed in Germany, on August 4, 2022. Discussions about nuclear’s role in Europe’s biggest economy have been thrown into sharp relief following Russia’s u...

Hyundai to export heavy-duty hydrogen electric trucks to Germany

An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...

Growth accelerates for euro zone

Growth in the euro zone economy accelerated in the second quarter of the year, but the region’s prospects could be hit as Russia continues to reduce gas supplies. The 19-member bloc registered a...

EU Finally Strikes Deal To Slash Gas Demand As Russia Starts Squeezing Taps Closed

Topline With the colder months approaching, the EU reached a deal Tuesday for countries to slash gas demand by as much as 15% from August to March, as the bloc tries to wean itself off Russian gas sup...

An Exemplary Illustration Of How It Was Done

The myriad tributaries of aid flowing daily to Ukraine offer optimism to the world by upholding the Ukrainians’ historic illustration of indomitable resistance. Ukraine’s achievement will ...

EU, US swap policy intel on European crypto regulation, stablecoins

The EU and the US swapped crypto policy insights on stablecoins and other issues during a joint financial forum in Brussels last week. Representatives from the two governments met as part of an EU–US ...

European Energy Crisis Spurs Maritime Fueling Innovation

An aerial view shows a section of the Sunny Liger, a Marshall Islands-flagged tanker with a … [+] consignment of Russian diesel, anchored in the North Sea, near IJmuiden, on April 30, 2022. R...

Volkswagen CEO says EV outlook is very good

An ID. Buzz photographed at a plant in Hanover, Germany, on June 16, 2022. Supply chain constraints — including those related to semiconductors — have been a major challenge for automakers in recent t...

VW and Goldman-backed Northvolt gets $1.1 billion funding

Northvolt’s most recent funding announcement comes at a time when major economies are laying out plans to move away from vehicles that use diesel and gasoline. Mikael Sjoberg | Bloomberg | Getty...