Oil Edges Up With Focus on Russian Crude Flows, Refinery
(Bloomberg) — Oil edged higher, clawing back last week’s loss as traders gauge the impact of European Union…
Ukraine’s Drones Target Russian Refineries, Pumping Stations
(Bloomberg) — Ukraine claimed drone strikes that damaged energy infrastructure deep within Russian territory on Saturday, the latest…
Exxon Halts €100 Million Recycling Investments Due to EU
(Bloomberg) — Exxon Mobil Corp. is shelving investments in chemical recycling in Europe due to what the energy…
Deadly Fires Rage in Greece and Spain as Heat Blasts Cyprus
(Bloomberg) — Firefighters worked overnight to contain deadly blazes in Greece and Spain that have forced the evacuation…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…
EU Set to Open Doors to Imported Carbon Credits Under 2040
(Bloomberg) — The European Union wants to allow limited imports of carbon credits under a planned 90% emissions…
Canada’s Oil Sands Production Set for Record High in 2025
Despite lower oil prices, Canada’s oil sands production is expected to reach an annual all-time high of 3.5…
US bombing of Iran fails to shake financial markets, but are traders too complacent?
The US has fulfilled a decades-old parody of the Beach Boys’ Barbara Ann with its decision to bomb…
Germany Risks Higher Power Prices If Green Goals Are Cut:
(Bloomberg) — Germany would see significantly higher electricity prices if it backtracks from its renewable energy expansion targets…
Germany’s SEFE Strikes 10-Year Deal for Gas From Azerbaijan
(Bloomberg) — Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s state-owned Socar. The agreement,…