Stanley Reed
Posts
Oil Prices Drop, but Iran-Israel Conflict Raises Many Risks
Industry experts are examining possible scenarios, including one in which the price of oil doubles this year.
British Government to Spend $19 Billion on New Nuclear Plant
The new project, called Sizewell C, will be expensive to build, but it will create 10,000 jobs and provide a steady supply of electric power...
OPEC Plus Members Say They Will Fast-Track Oil Output
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of accelerated increases.
With US Trade Deal, UK Steel Industry Feels Some Much Needed Relief
The agreement to lift the 25 percent duty on steel exported to the United States provided some relief for struggling businesses, but uncertainties for the...
Europe’s Wind Industry Faces Uncertainty Over Trump’s Policies
Not long ago, the U.S. was seen as a promising market for offshore wind. Now industry executives aren’t making any assumptions.
Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and may...
Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent levies threaten automakers that are navigating Brexit, a shift to electric vehicles and other obstacles.
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...