U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with mergers Continue Reading
A look at the influencers who secured a rare climate win. It was the middle of July — with temperatures surging through one of the hottest summers in US history, Continue Reading
American Airlines will potentially order up to 100 of ZeroAvia’s hydrogen-electric engines for use in regional planes. The case for using hydrogen on very short flights is looking stronger. Investors Continue Reading
The American Petroleum Institute (API) reported a draw this week for crude oil of 448,000 barrels, while analysts predicted a smaller draw of 117,000 barrels. The draw comes as the Continue Reading
American Airlines Group Inc (AAL.O) on Tuesday agreed to buy up to 20 jets from aircraft maker Boom Supersonic, becoming the second major U.S. airline to bet on ultra-fast passenger Continue Reading
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as European refiners Continue Reading
The Isar nuclear-power plant in Essenbach, Germany, is one of the last nuclear plants still operating in the country. BERLIN—Germany plans to postpone the closure of the country’s last three Continue Reading
As Europe looks to secure alternative energy sources to Russian gas in light of the war in Ukraine , Statista’s Anna Fleck warns , a new threat to energy security Continue Reading
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on Tuesday amid low Russian gas supply Continue Reading
As the EU grapples with an energy crisis and seeks alternatives to Russian pipeline gas, the bloc plans to increase its financial support to a military mission in Mozambique – Continue Reading
