Generating power without harmful carbon emissions has never been more urgent, yet one of the biggest sources of clean power is struggling to turn a profit. The nuclear industry has been Continue Reading
A crane mounted on a ship made to construct wind farms at sea collapsed over weekend, potentially delaying some of the U.K.’s biggest renewable power projects. Offshore wind farms, often valued Continue Reading
Highlights SMMT forecasts 2020 sales at 1.68 million units April decline steepest in modern times: SMMT Coronavirus shuts down global automobile market London — UK new car registrations fell off Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Monday amid signs of growing tensions between the US and China over the coronavirus pandemic. Receive daily email alerts, subscriber Continue Reading
Oil fell after a three-day rebound as a number of funds shifted away from near-term contracts, fearing a repeat of the meltdown last month that saw prices plunge below zero. Futures Continue Reading
The oil market is facing an unprecedented crisis as COVID-19 causes demand destruction and OPEC+ has proven powerless to stop oil prices from crashing. But behind what seems like an Continue Reading
Few have a better watchtower over oil demand than Joe Gorder, chief executive officer of major U.S. refiner Valero Energy Corp. But this week Gorder didn’t even need his business insight Continue Reading
A vaccine would be the ultimate weapon against the coronavirus and the best route back to normal life. Officials like Dr. Anthony S. Fauci, the top infectious disease expert on Continue Reading
Until three months ago, the oil industry was pinning its hopes on aviation, alongside petrochemicals, for continued growth in oil demand for at least another decade. The aviation industry, however, Continue Reading
The two men, who remain at large, were charged with violating U.S. money-laundering and sanctions laws. The U.S. Treasury on Friday separately blacklisted Mr. Dianat, a dual Iranian and Iraqi Continue Reading
