Thursday, January 20th, 2022

Tag: energy

BP and Shell could face windfall tax as UK energy bills spike

The main opposition Labour Party this weekend called on Prime Minister Boris Johnson to impose a windfall tax on companies pumping oil and gas from the North Sea, saying that the money raised could...

Egyptian gas may flow to Lebanon in a few months: U.S. energy envoy

A worker uses a mobile phone torchlight to illuminate his cutting space at the fish market, where portable emergency lighting runs due to a power cut, in Beirut, Lebanon, on Wednesday, Sept. 8, 2021....

IEA chief criticizes artificial tightness in energy markets

Petroleum pump jacks are pictured in the Kern River oil field in Bakersfield, California. Jonathan Alcorn | Reuters The head of the world’s leading energy authority has said that some countries had failed to...

The fight to dismantle the little-known Energy Charter Treaty

Electricity transmission pylons beside the gas-fired power plant, operated by Uniper SE, in Irsching, Germany, on Wednesday, July 7, 2021. Michaela Handrek-Rehle | Bloomberg | Getty Images LONDON — The Energy Charter Treaty is...

Thai firm branches into EVs from renewable energy

Many people expect electric vehicles to be fixtures in a future world that relies on renewable energy. But not many EV companies started out as renewable energy companies. One company trying to pull off...

How to navigate the energy transition away from fossil fuels

Steam rises from the Niederaussem coal-fired power plant operated by German utility RWE, which stands near open-pit coal mines that feed it with coal, on November 13, 2017 near Bergheim, Germany. Lukas Schulze |...

Oil and gas giants say they’re active in energy transition already

An employee looks out over the illuminated petroleum cracking complex at the Lukoil-Nizhegorodnefteorgsintez oil refinery in Russia. Bloomberg / Contributor The CEOs of some of the world’s leading energy companies have defended their position...

Energy markets may see more supply crunches as demand grows: Dan Yergin

There’s a disconnect in the energy market, and it could lead to future supply shortages, Daniel Yergin, vice chairman of IHS Markit, told CNBC. International oil companies are under pressure to cut investments in...

Russia ‘took advantage’ of Europe’s energy crisis

Russia did not cause Europe’s energy crisis — but it didn’t help, and instead tried to benefit from the situation, according to Amos Hochstein, the U.S. State Department’s senior advisor for global energy security....