Stanley Reed
Posts
Rewiring Britain for an Era of Clean Energy
National Grid, which owns the high-voltage electricity grid in England and Wales, is rebuilding it in a government-backed drive to attract investment and tackle climate...
British Government Takes Control of Country’s Last Major Steel Mill
London says it acted to prevent the plant’s Chinese owners from closing the plant, threatening jobs and national security.
Oil Producers Follow Trump’s Tariffs With a Surprise Increase
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a sharp fall...
Renewable Energy Sector Braces for Trump Tariffs
The components used to assemble wind turbines are made by suppliers around the globe.
Oil Prices Drop Amid Concerns Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump more crude surprised the...
BP to ‘Fundamentally Reset’ Strategy in Shift Back to Oil and Gas
The energy giant said it would cut planned investments in clean energy and redirect spending toward fossil fuels.
Russia Is Wooing Western Energy Companies, but Will They Return?
Industry experts say Western companies will need to weigh potential access to oil and gas riches against political risks and other hazards of doing business...
Austria, a Longtime Buyer of Russian Gas, Tries to Break the Habit
OMV, a multinational energy company based in Vienna, has shifted to other options, including increasing its own output of natural gas, drilling for oil and...
BP to ‘Reset’ Strategy After Pressure From Investors, C.E.O. Says
The energy giant was vague on details, but analysts say the changes will likely include less spending on renewable sources and a bigger investment in...
Green Energy Ambitions of European Companies Take a Beating
Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.