Thursday, 8 May 2025

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FILE PHOTO: The Varo refinery is seen in Cressier, Switzerland, May 4, 2023. REUTERS/Denis Balibouse/File Photo
BiofuelsBusinessFuelNews

Varo Energy in talks to buy Preem’s Swedish refineries, sources say

Varo already has stakes in refineries in Germany and Switzerland and is expanding in sustainable fuel and trading.

AnalysisBiofuelsCarbon ManagementElectricityGeothermalHydrogenOpinion

How will artificial intelligence transform energy innovation?

Commentary from the International Energy Agency: Artificial intelligence is an innovation that catalyses further innovation, including on energy.

FILE PHOTO: The flag of China is placed next to the elements of Gallium and Germanium on a periodic table, in this illustration picture taken on July 6, 2023. REUTERS/Florence Lo/Illustration/File Photo
Critical MineralsMineralsNewsPoliticsTrade

Rattled by China, West scrambles to rejig critical minerals supply chains

Beijing's fresh mineral export restrictions bring added urgency for Western players to cut their reliance on minerals from China.

FILE PHOTO: FILE PHOTO: A man walks in a flooded street a day after Hurricane Rafael made landfall in Batabano, Cuba, November 7, 2024. REUTERS/ REUTERS/Norlys Perez/File Photo
ClimateClimate FinanceNewsPoliticsResiliencyUnited Nations

Climate-vulnerable countries push for credit rating overhaul

Ratings given by the "Big Three" agencies consider the risks and potential for economic harm from climate change.

FILE PHOTO: Snow covers the roofs of the so-called "Alter Flecken" (old spot), the historic core of Freudenberg with its half-timbered houses from the 17th century in the heart of the federal state of North Rhine-Westphalia near the city of Siegen, Germany,  January 19, 2024.   REUTERS/Wolfgang Rattay/File Photo
ChemicalsElectricityFuelIndustryLiquefied Natural GasManufacturingNatural GasNews

Analysis: Gas price shock set to add to Europe’s industrial pain

EU gas demand is 17% below the five-year average observed during pre-pandemic years — but it is still vulnerable to price shocks.

FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo
ClimateClimate FinanceNewsPoliticsResiliency

World Bank wins pledges for $100 billion replenishment of fund for poorest countries

The World Bank made the announcement on Friday at a pledging conference for the International Development Association.

FILE PHOTO: Crude oil tanker Otis delivers crude oil for Dangote Refinery in Lagos, Nigeria December 9, 2023. REUTERS/Seun Sanni/File Photo
FuelNewsOil

Oil prices fall on supply glut fears despite OPEC+ output cut extension

OPEC+ has postponed planned supply increases and extended deep output cuts to the end of 2026.

FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, July 21, 2014. Pump jacks are used to pump crude oil out of the ground after an oil well has been drilled. REUTERS/Todd Korol/File Photo
ClimateEnvironmentFuelNatural GasNewsOil

Canadian oil province Alberta cleans up 5% of inactive wells in 2023

Alberta now has 79,000 wells classed as inactive versus 83,000 in 2022.

The sun sets over Alum Bluff on the Apalachicola River near Bristol, Fla. on Nov. 4, 2017. (AP Photo/Kate Payne)
BusinessClimateCourtsEmissionsEnvironmentLegislationNewsOilRegulations

Environmentalists are headed to court over proposed oil well in vulnerable Florida watershed

Environmentalists sue to block oil drilling in Florida’s biodiverse Apalachicola watershed, citing risks to one of earth’s rare ecosystems.

EDF announced that four of Britain’s five nuclear power stations will stay open longer than previously planned (PA)
EconomyElectricityNewsNuclear PowerPoliticsRegulationsSmall Modular Reactors

Ed Miliband: My door is open for nuclear projects in UK

Ed Miliband says his “door is open” for new nuclear projects and that the government will work with the industry to push through...

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