The United States announced last week that it would soon open its doors to foreign travelers vaccinated against the coronavirus, loosening restrictions for broad swaths of global visitors for the first Continue Reading
Highlights Empty pumps drop to below a third of total 150 army drivers ready to drive fuel tankers Essar offering more deliveries from refinery The number of UK fuel stations Continue Reading
Britain said on Thursday that a gas station crisis caused by an acute shortage of truck drivers was back under control but many pumps remained closed in London leaving motorists Continue Reading
Explain This: Europe’s Energy Crunch The unprecedented spike in European Union energy prices is amplifying concerns about public support for the world’s most ambitious climate reform and reshaping agendas for Continue Reading
Rolls Royce made headlines in September when it successfully flew its electric plane for the first time, stating that it hopes to reach 300 mph soon Despite the success of Continue Reading
Oil fell after a U.S. industry report pointed to a build in crude stockpiles, cooling a rally that had pushed benchmark Brent past $80 a barrel. Brent futures slid back Continue Reading
Oil prices fell on Wednesday after U.S. crude inventories unexpectedly rose as doubts over demand resurfaced, with COVID-19 cases continuing to increase worldwide and some regions facing gasoline shortages. Brent Continue Reading
Brent oil roared above $80 a barrel, the latest milestone in a global energy crisis, on signs that demand is running ahead of supply and depleting inventories. The international crude Continue Reading
According to a recent paper from the University of Oxford, a clean energy transition could actually save the world $26 trillion This claim contradicts Nobel Prize-winning economist William Nordhaus, who Continue Reading
Highlights Global oil demand forecast to grow almost 20% from 2020-2045 Oil to comprise 28% of 2045 energy demand, renewables 10% Aviation sector won’t fully recover from pandemic until 2024 Continue Reading
