Environment

Fatih Birol, Executive Director of the International Energy Agency (IEA), poses for a photograph during an interview with AFP at the Africa Climate Summit 2023 at the Kenyatta International Convention Centre (KICC) in Nairobi on September 4, 2023. Simon Maina | Afp | Getty Images Demand for fossil fuels like oil, gas and coal will
Aerial view of the LNG storage and vaporization vessel “Höegh Esperanza” at the Wilhelmshaven LNG terminal. Picture Alliance | Picture Alliance | Getty Images Energy analysts are warning of more gas market volatility and higher prices as Europe races to prepare for another winter heating season. European gas markets have been constantly fluctuating in recent
Alexander Spatari | Moment | Getty Images LISBON, PORTUGAL — Matadors and bitcoin maximalists are regulars at Campo Pequeno, a neo-Moorish bullring in the northernmost reaches of the Portuguese capital city. The two aren’t all that different. Both are typically defiant and stubborn, engaged in a seemingly hopeless battle that pits man against beast, where
Oil prices eased in Asian as concerns over slow demand from top crude importer China grew after bearish trade and inflation data, outweighing fears over tighter supply arising from output cuts by Saudi Arabia and Russia. David Mcnew | Getty Images News | Getty Images Saudi Arabia on Tuesday extended its 1-million-barrels-per-day voluntary oil production
Oil storage tanks in Tuapse, Russia, on Sunday, March 22, 2020. India’s imports of Russian crude is a win-win situation for the world’s economy, said Oil and Natural Gas Corporation. Bloomberg | Bloomberg | Getty Images SINGAPORE — India’s imports of Russian crude is a win-win situation for the world economy, according to India’s No.
Liquefied natural gas (LNG) storage units at Grain LNG importation terminal, operated by National Grid Plc, on the Isle of Grain on August 22, 2022 in Rochester, England. Dan Kitwood | Getty Images News | Getty Images The looming threat of strikes at Australian natural gas facilities will keep global gas markets on tenterhooks, energy
Sultan Al Jaber, chief executive of the UAE’s Abu Dhabi National Oil Company (ADNOC) and president of this year’s COP28 climate summit gestures during an interview as part of the 7th Ministerial on Climate Action (MoCA) in Brussels on July 13, 2023. Francois Walschaerts | Afp | Getty Images UAE oil giant ADNOC — run
Germany is once again the “sick man of Europe,” according to Hans-Werner Sinn, president emeritus at the Ifo institute, and the challenges that poses, particularly in terms of the country’s energy strategy, could serve to benefit increasingly popular right-wing parties. The “sick man of Europe” moniker has resurfaced in recent weeks as manufacturing output continues
German automaker BMW on Saturday launched a hotly anticipated electric concept car, saying the so-called “Vision Neue Klasse” represents the dawn of a new era for the company. BMW’s latest design showcases a platform that will underpin the brand’s next generation of electric vehicles. The first electric vehicles based on the Neue Klasse — or new
In this article ABB.N-CH Follow your favorite stocksCREATE FREE ACCOUNT The CEO of Swedish-Swiss multinational robotics firm ABB said he has been “disappointed” by the state of the Chinese market, adding he expects conditions will prove challenging for the rest of the year. “China is not really developing as we hoped in the beginning of
Cranes stand at the construction site of the second phase of Changjiang Nuclear Power Plant, invested by state-owned China National Nuclear Corporation (CNNC) and China Huaneng Group, on June 28, 2023 in Changjiang Li Autonomous County, Hainan Province of China. China News Service | China News Service | Getty Images China is the breakaway global