Environment

Tom Williams | CQ-Roll Call, Inc. | Getty Images Sam Bankman-Fried’s arrest in the Bahamas on Monday marks the beginning of a new chapter in the FTX saga, one that will pit the former crypto billionaire against the Southern District of New York. The indictment is expected to remain sealed until Tuesday morning. U.S. prosecutors

This image, from Sept, 2022, shows a liquefied natural gas tanker arriving at a port in the Netherlands. Siese Veenstra | AFP | Getty Images The power crisis gripping Europe has little to do with Vladimir Putin and it could be argued that the Russian leader’s actions have helped improve the situation, according to Per

The European Central Bank has raised concerns over an idea to impose a cap on gas prices in Europe. Haussmann Visuals | Moment | Getty Images The European Central Bank is worried about the potential risks to financial markets from an EU-wide cap on natural gas prices. The bloc has been in intense discussions for

As a bullet train speeds by in the background, a liquid hydrogen tank towers over solar panels and hydrogen fuel cells at Panasonic’s Kusatsu plant in Japan. Combined with a Tesla Megapack storage battery, the hydrogen and solar can deliver enough electricity to power the site’s Ene-Farm fuel cell factory. Tim Hornyak As bullet trains

BEVERLY, Mass. — It’s a gray November morning, and we’re on board a long, yellow school bus. The bus bounces over this Boston suburb’s patched streets in a way that would be familiar to anyone who ever rode a bus to class. But the bus is quiet – and not just because there are no

Heat pumps are becoming more popular for residential housing with energy prices increasing and the need to reduce use of fossil fuel heating systems. Andrew Aitchison | In Pictures | Getty Images Thinking about a home heat pump? New and expanded government incentives, coupled with sharply rising utility costs, make it more compelling. Especially when

Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Exxon and Chevron posted record high earnings during the second quarter of 2022 as energy stocks have faltered in recent months. Brandon Bell | Getty Images A pair of Democratic lawmakers on Friday accused the largest oil companies in

Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during a Senate Agriculture, Nutrition and Forestry Committee hearing in Washington, D.C., on Wednesday, Feb. 9, 2022. Sarah Silbiger | Bloomberg | Getty Images FTX founder Sam Bankman-Fried has agreed to testify before the House Financial Services Committee at a hearing about the

Cargo ships and vessels transit the Bosphorus Strait, a body of water connecting the Black Sea to the Marmara and Mediterranean Seas through Istanbul, Turkey. Above, the Russia-flagged vessel Volga River Taganrog oil tanker passes south through the Bosphorus Straits in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh oil are

This image, taken in March 2021, shows the site where the new facility would be developed. Christopher Furlong | Getty Images News | Getty Images LONDON — Plans for a deep coal mine in the northwest of England were given the green light by the U.K. government, a decision that’s been welcomed by its backers

The Chinese government’s move Wednesday to further roll back strict Covid-19 measures should boost the prospects for a host of Club holdings with substantial operations in China, including Estee Lauder (EL), Wynn Resorts (WYNN) and Starbucks ( SBUX), all of which have been weighed down by nearly three years of lockdowns. The news China’s National

In this article ENEL-IT Follow your favorite stocksCREATE FREE ACCOUNT Rishi Sunak and Joe Biden photographed on the sidelines of the G20 Summit in Indonesia on Nov. 16, 2022. Saul Loeb | AFP | Getty Images LONDON — The U.K. and U.S. are forming a new energy partnership focused on boosting energy security and reducing

The three co-founders of Gridless at one of their mining sites in Kenya. Erik Hersman ACCRA, GHANA — Up until February, Janet Maingi didn’t think much about bitcoin. Born and raised in the Kenyan capital of Nairobi, Maingi had instead spent more than twenty years focused on trying to solve one of Africa’s biggest problems:

Dimon said in June that he was preparing the bank for an economic “hurricane” caused by the Federal Reserve and Russia’s war in Ukraine. Al Drago | Bloomberg | Getty Images One key lesson of the past year is that the world is not ready to move away from oil and gas as the dominant

Two tankers were heading to Russia on Monday expecting to be filled with Russian crude as a price cap on its oil exports from a coalition of Western countries went into affect. On Friday, the European Union agreed to cap Russian seaborne oil prices at $60 a barrel, aiming to limit Moscow’s revenues and curb

A pump jack on an oil field owned by Bashneft company near the village of Nikolo-Berezovka, northwest from Ufa, Bashkortostan, Russia, in 2015. The Group of Seven’s price cap of $60 for Russian seaborne oil and a ban on Russian crude kicked in on Monday. Sergei Karpukhin | Reuters Oil prices climbed as much as

The market is so possessed by tech that it can’t see the forest through the industrials. If the discourse isn’t about the slowdown in the cloud, it’s about who is pulling out of the now-private Twitter, or how disappointing it is that co-CEO Bret Taylor left Salesforce (CRM). Meta Platforms ‘ (META) Mark Zuckerberg could

Led by Saudi Arabia and Russia, OPEC+ agreed in early October to reduce production by 2 million barrels per day from November. Vladimir Simicek | Afp | Getty Images An influential alliance of oil producers on Sunday agreed to stay the course on output policy ahead of a pending ban from the European Union on

Vcg | Visual China Group | Getty Images It’s not just cars that will be going through energy transition in the years ahead. The parking lots where EVs recharge are a growing focus of construction efforts linked to climate change and carbon reduction. A law approved in France last month requires that parking lots with

OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on Sunday to decide on the next phase of production policy. Bloomberg | Bloomberg | Getty Images OPEC and non-OPEC oil producers could impose deeper oil output cuts on Sunday, energy analysts said, as the influential energy alliance weighs the