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Energy

  • ‘Go Nuclear, Go Large’ to Boost UK’s Energy Security: Boris Johnson
    ‘Go Nuclear, Go Large’ to Boost UK’s Energy Security: Boris Johnson
    Prime Minister Boris Johnson has stressed the need to “go nuclear” to boost the UK’s energy security as he promised £700 million ($810 million) of funding for the planned Sizewell ...
    September 1, 2022BY Alexander Zhang
  • ExxonMobil Takes Legal Action After Putin Blocks Its Exit From Russia
    ExxonMobil Takes Legal Action After Putin Blocks Its Exit From Russia
    ExxonMobil has taken preliminary steps to sue the Russian Federation after Russian President Vladimir Putin intervened to block ...
    September 1, 2022BY Nicholas Dolinger
  • Oil Drops on Fears Over Weaker Demand, China’s COVID-19 Restrictions
    Oil Drops on Fears Over Weaker Demand, China’s COVID-19 Restrictions
    TOKYO—Oil prices dropped on Thursday, as investors were worried that aggressive interest rate hikes from global policymakers would ...
    September 1, 2022BY Reuters
  • Stocks Slide, Dollar Spikes as September Starts With a Bump
    Stocks Slide, Dollar Spikes as September Starts With a Bump
    LONDON—September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded ...
    September 1, 2022BY Reuters
  • Unemployment Continues to Rise in Germany Amid Energy Shortages, High Inflation
    Unemployment Continues to Rise in Germany Amid Energy Shortages, High Inflation
    Unemployment in Germany for August rose but just below earlier predictions, according to the Federal Labor Office on Aug. 31. ...
    August 31, 2022BY Bryan Jung
  • California Grid Warns of ‘Flex Alerts,’ Suggests Residents Not to Charge Electric Cars
    California Grid Warns of ‘Flex Alerts,’ Suggests Residents Not to Charge Electric Cars
    Californians were warned by the state's grid operator that they might be asked not to charge electric vehicles ...
    August 31, 2022BY Jack Phillips
  • Earnings Decline–Likely More to Go Before We Are Done
    Earnings Decline–Likely More to Go Before We Are Done
    Commentary  Last year I wrote an article discussing that 2022 earnings estimates were too optimistic, given the impending reversal ...
    August 31, 2022BY Lance Roberts
  • Fed Officials See US Interest Rates Rising Further
    Fed Officials See US Interest Rates Rising Further
    U.S. Federal Reserve officials on Tuesday reiterated their support for further interest-rate hikes to quell inflation, with the ...
    August 31, 2022BY Reuters
  • Wall Street Opens Higher as Tech Stocks Rebound, Oil Drops
    Wall Street Opens Higher as Tech Stocks Rebound, Oil Drops
    U.S. stock indexes opened higher on Wednesday as technology and growth stocks rebounded, while weaker-than-expected private payrolls data ...
    August 31, 2022BY Reuters
  • The Chinese Economy and Global Oil Prices
    The Chinese Economy and Global Oil Prices
    News Analysis The global oil price outlook depends on the Chinese economy, the Iran nuclear deal, and the ...
    August 31, 2022BY Antonio Graceffo
  • Gazprom Says the First Half Net Profit $41.8 Billion, Will Pay Dividends
    Gazprom Says the First Half Net Profit $41.8 Billion, Will Pay Dividends
    MOSCOW—Russian gas giant Gazprom made a record 2.5 trillion rubles ($41.75 billion) in net profit in the first ...
    August 31, 2022BY Reuters
  • High Inflation, Recession Risk Widen ECB Dilemma
    High Inflation, Recession Risk Widen ECB Dilemma
    FRANKFURT—Eurozone inflation jumped to another record high and will soon hit double-digit territory, heralding a string of big ...
    August 31, 2022BY Reuters
  • Oil Prices Fall 3 Percent on Recession Fears
    Oil Prices Fall 3 Percent on Recession Fears
    LONDON—Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, ...
    August 31, 2022BY Reuters
  • Russia Halts Gas Flows to Europe via Key Route, Germany Sees ‘No Cause for Alarm’
    Russia Halts Gas Flows to Europe via Key Route, Germany Sees ‘No Cause for Alarm’
    Russia halted gas supplies via a key European supply route on Aug. 31 citing maintenance issues, in a ...
    August 31, 2022BY Tom Ozimek
  • Interest Rate and Recession Fears Knock Stocks and Oil
    Interest Rate and Recession Fears Knock Stocks and Oil
    LONDON—Record-high inflation in the eurozone compounded recession fears stalking markets on Wednesday as central banks on both sides ...
    August 31, 2022BY Reuters
  • Federal Court Partly Reverses 2018 Gulf of Mexico Lease Sales
    Federal Court Partly Reverses 2018 Gulf of Mexico Lease Sales
    A federal appeals court in Washington on Aug. 30 partly reversed a lower court's decision that had found ...
    August 31, 2022BY Caden Pearson
  • A Small Community Continues Fight Against Wind Farm Project
    A Small Community Continues Fight Against Wind Farm Project
    The president of a Victorian community group says a recent court decision that refused his group leave to ...
    August 31, 2022BY Henry Jom
  • Inflation in Germany Hits Record High as European Central Bank Plans Next Move
    Inflation in Germany Hits Record High as European Central Bank Plans Next Move
    Inflation in Germany hit a record high of 8.8 percent in August due to soaring energy prices, adding ...
    August 30, 2022BY Bryan Jung
  • Kremlin: Only Sanctions Prevent Nord Stream Gas Pipeline From Working
    Kremlin: Only Sanctions Prevent Nord Stream Gas Pipeline From Working
    MOSCOW—Nothing stands in the way of Russian gas exports to Europe via the Nord Stream 1 pipeline apart ...
    August 30, 2022BY Reuters
  • Energy Crisis Will Hit Pubs Harder Than Lockdowns, Say Industry Bosses
    Energy Crisis Will Hit Pubs Harder Than Lockdowns, Say Industry Bosses
    Pubs will have no other option but to close owing to "out of control" energy bills, with upwards ...
    August 30, 2022BY Owen Evans
  • Goldman Warns UK Inflation Could Top 20 Percent as Recession Nears
    Goldman Warns UK Inflation Could Top 20 Percent as Recession Nears
    LONDON/HONG KONG—Inflation in Britain could exceed 20 percent early next year if spiraling gas prices fail to come ...
    August 30, 2022BY Reuters
  • Crude in US Emergency Reserve Falls to Lowest Since Dec.1984
    Crude in US Emergency Reserve Falls to Lowest Since Dec.1984
    Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, ...
    August 30, 2022BY Reuters
  • UK Chancellor Zahawi Visits US to Seek Joint Solution to Cost-of-Living Crisis
    UK Chancellor Zahawi Visits US to Seek Joint Solution to Cost-of-Living Crisis
    The UK’s Chancellor of the Exchequer Nadhim Zahawi is visiting the United States this week to seek joint ...
    August 30, 2022BY Alexander Zhang
  • ECB Bets Boost Euro, Dollar Slips From 20 Year Peak
    ECB Bets Boost Euro, Dollar Slips From 20 Year Peak
    HONG KONG—The euro climbed past parity against a softening dollar on Tuesday, thanks to lower energy prices and ...
    August 30, 2022BY Reuters
  • Oil Tumbles on Inflation Woes, Iraq Exports
    Oil Tumbles on Inflation Woes, Iraq Exports
    LONDON—Oil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and ...
    August 30, 2022BY Reuters
  • Shares Tiptoe Higher Amid Hiatus in Bad News
    Shares Tiptoe Higher Amid Hiatus in Bad News
    HONG KONG/LONDON—Shares crept up slightly and bonds held steady on Tuesday as investors awaited the next round of ...
    August 30, 2022BY Reuters
  • Energy Rationing Could Last For Years, Warns Shell CEO
    Energy Rationing Could Last For Years, Warns Shell CEO
    The CEO of oil and gas giant Shell has warned that gas shortages across Europe may last for several winters ...
    August 30, 2022BY Katabella Roberts
TOP NEWS
  • Toxic Wastewater From East Palestine Train Derailment to Be Taken to Baltimore
    NEW By Katabella Roberts
    Toxic Wastewater From East Palestine Train Derailment to Be Taken to Baltimore
  • Twitter Source Code Leaked Online, Prompting Lawsuit to Identify Leaker
    NEW By Tom Ozimek
    Twitter Source Code Leaked Online, Prompting Lawsuit to Identify Leaker
  • Ultra-Orthodox Jews Have Lower Autism Rates–Is It Because They Circumcise Their Boys Differently?
    1hr By Jennifer Margulis
    Ultra-Orthodox Jews Have Lower Autism Rates–Is It Because They Circumcise Their Boys Differently?
  • EU Threatens More Sanctions If Russia Stations Tactical Nuclear Weapons in Belarus
    1hr By Bryan Jung
    EU Threatens More Sanctions If Russia Stations Tactical Nuclear Weapons in Belarus
  • Global Financial Risks Have Risen Amid Bank Turmoil, IMF Chief Warns
    2hr By Katabella Roberts
    Global Financial Risks Have Risen Amid Bank Turmoil, IMF Chief Warns
  • First Citizens Buys Failed Lender Silicon Valley Bank
    3hr By Tom Ozimek
    First Citizens Buys Failed Lender Silicon Valley Bank
  • Netanyahu Sacks Defence Minister as Military Reservists Threaten Refusal to Serve Over Judicial Reform Bill
    7hr By Melanie Sun
    Netanyahu Sacks Defence Minister as Military Reservists Threaten Refusal to Serve Over Judicial Reform Bill
  • New York Close to Passing Statewide Gas Stove Ban on New Homes
    13hr By Bill Pan
    New York Close to Passing Statewide Gas Stove Ban on New Homes
  • Kidney Disease: A Silent Killer With 7 Early Symptoms to Consider
    14hr By Teresa Zhang
    Kidney Disease: A Silent Killer With 7 Early Symptoms to Consider
  • Many Americans Likely in for Tax Refund Disappointment: Survey
    14hr By Jack Phillips
    Many Americans Likely in for Tax Refund Disappointment: Survey
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