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…
Oil Markets on Edge as Iran Vows Retaliation
Global oil markets are bracing for another wild week after the United States launched direct strikes on Iranian…
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,…
China’s Oil Demand to Peak Within 5 Years as India’s Continues to Climb
China’s decades-long reign as the world’s top oil demand driver is nearing its end, according to new research…
EU Will Work on Setting Water Use Caps for Thirsty Data
(Bloomberg) — The European Union will work on setting minimum performance standards to curb water usage in data…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
OPEC+ Stuns Market With Larger Than Expected Output Hike
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output…