

Stanley Reed
Posts

North Sea Sees Potential Shift from Oil and Gas to Renewable Energies
The offshore wind industry continues to grow as nations look to change Europe’s oil and gas hub into a major source of renewable energy.

Global Oil Demand Is Set to Slow
The International Energy Agency said oil consumption will hit a peak in a few years, with shrinking gasoline use after 2026.

Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia said it would cut further...

OPEC Plus May Consider Cuts in Oil Production
The group of major oil producers and Russia will meet this weekend to discuss a swoon in oil prices.

Vary Energy Leans on Manure to Provide a Greener Future
Varo Energy, a Swiss provider of gasoline and diesel, is charting a path to lower carbon energy by relying on farm waste and used cooking oil.

An Automaker Has a Stark Warning for the U.K. Car Industry
Stellantis said post-Brexit export rules and the lack of a domestic battery manufacturer could force it to close its plants in Britain.

Falling Oil Prices Cause Saudi Aramco’s Profit to Slip 19 Percent
But at nearly $32 billion, the oil giant’s quarterly earnings still far exceeded those of Western rivals, and it announced an increase in dividend payments.

Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices
The oil and gas giant said its earnings, which exceeded analysts’ expectations, were bolstered by strong energy trading.

Danish Wind Pioneer Keeps Battling Climate Change
Henrik Stiesdal helped design the first modern wind turbines. A thousand patents later, he’s a green tech entrepreneur rolling out new innovations.

Russia’s Gas Exports Are Expected to Slide in 2023
Once Europe’s mainstay source of natural gas, Russia’s pipeline exports this year are now likely to be half of last year’s total, analysts and the...