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…
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,…
ExxonMobil to sell subsidiary to North Atlantic France
ExxonMobil France Holding has entered into exclusive negotiations with North Atlantic France SAS for both the proposed sale…
London-based Applied Computing raises €10.7 million to bring AI to the energy industry
British AI company Applied Computing, focused on foundation models built specifically for the Oil, Gas and Petrochemical Industries,…