New Crude Streams Add 12M Barrels to Nigeria’s Output
Nigeria’s ambition to raise crude oil production has received a boost from the growing contribution of newly introduced…
Power prices to fall for most customers, with bigger drops for businesses
Surging levels of renewable energy and better reliability from coal-fired generators are set to give consumers a break,…
Renewables and batteries drive down fossil fuel use despite record electricity demand
A hot summer saw Australians use record amounts of electricity, but the growing share of renewable energy continues…
Petrol Prices to Crash as Strait of Hormuz Reopens
The reopening of the Strait of Hormuz following a ceasefire agreement in the Middle East is expected to…
QatarEnergy Declares Force Majeure After Halting LNG Production
QatarEnergy has declared force majeure on liquefied natural gas (LNG) supplies after suspending production at key export facilities,…
Russia’s Coal Industry Faces Existential Crisis
Russia’s coal industry is in a bind as Western sanctions, falling Chinese demand for imported coal, and fierce…
Stocks Swoon as Trade Jitters Spur Rush to Bonds: Markets
(Bloomberg) — Flaring trade tensions between the US and China sent shockwaves across markets Friday, hammering stocks, oil…
Tech Stock Rally Loses Steam in Afternoon Trading: Markets
(Bloomberg) — The rally in tech stocks took a breather as equities pulled back from record highs. AI…
Stock Buyers Step In as Data Keep Fed Bets in Play: Markets
(Bloomberg) — A renewed wave of dip buying lifted stocks in the final stretch of the week after…
The ‘hidden detail’ behind unexpected increase in UK household energy bills
Millions of households across England, Scotland and Wales will see their gas and electricity bills rise from October,…
Global Stock Rally Snaps in Asia, Dollar Rises: Markets Wrap
(Bloomberg) — A seven-day global stock rally lost steam in Asia, as uncertainty over the Federal Reserve’s rate-cut…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…