Germany has gathered support from four European Union countries around its opposition to classifying nuclear energy as “green” and sustainable for investment purposes, a letter to the Commission seen by Continue Reading
Countries across Europe are scrambling to accelerate coronavirus vaccinations and outpace the spread of the more infectious delta variant, in a high-stakes race to prevent hospital wards from filling up Continue Reading
OPEC+ Oil Deal Hangs in the Balance Oil held Thursday’s gain after infighting within OPEC+ delayed a much-anticipated decision on raising output levels, risking an inflationary spike in prices if Continue Reading
Oil prices edged lower on Friday after OPEC+ ministers delayed their output policy meeting, with sources saying the United Arab Emirates had balked at plans to return 2 million barrels Continue Reading
Highlights OPEC+ August output could rise just 400,000 b/d Monitoring committee adjourns without recommendation Brent-WTI spread narrowest since Oct 2020 Crude futures settled higher July 1 after a smaller-than-expected bump Continue Reading
Extreme temperatures in China coupled with a lack of hydro-power forced blackouts in some of its largest industrial cities last month. A rare and short-lived subtropical storm popped up in Continue Reading
The fast spread of the Delta variant of the coronavirus in much of the world is thwarting plans in many countries to lift lockdowns and reopen economies, a major setback to Continue Reading
Last August, scientists aboard an icebreaker that had been drifting with the ice across the Arctic Ocean in a yearlong research expedition decided to take a detour to the North Continue Reading
The OPEC+ alliance fell into bitter infighting after a key member blocked a deal at the last minute, casting doubt on the group’s ability to reach an agreement to ease Continue Reading
Highlights Saudi Arabia seeking flexibility if Iran nuclear deal reached OPEC meeting in progress, Russia and other allies to join later Ministers also considering extending supply pact to end-2022 OPEC Continue Reading
