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…
Oil jumps over 2% on tighter market outlook; Brent posts 3% weekly gain; US tariffs, Russia sanctions in focus
Oil prices climbed more than 2% on Friday after the International Energy Agency (IEA) said the global market…
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…
Russia’s Top Oil Executive Says OPEC Was Astute to Boost Output
(Bloomberg) — Steps taken by the OPEC group to boost oil supplies have proved astute, given developments in…
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,…
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…
OPEC+ plays key role in stabilizing oil markets during global turmoil
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+ played a central role…