Stanley Reed
Posts
Virgin Orbit’s Failed Launch a Setback for U.K.’s Space Industry
When a Virgin Orbit rocket fell short of orbit, it dealt a blow to Britain’s space program and the companies whose satellites were lost in...
Britain Is on the Verge of Its First Satellite Launch
A rocket launched from a Virgin Orbit jumbo jet is expected to put satellites into orbit, a step for Britain into the space launch business.
Natural Gas Prices in Europe Fall to Pre-Invasion Levels
Warm weather, alternatives to Russian gas and a buildup of storage all help. But prices remain high for consumers and industry.
Oil Prices Drop, Despite Heightened Sanctions on Russian Crude
The price of oil fell by about 10 percent this week, easing (for now) supply worries about the E.U. embargo and a price cap.
UK Approves New Coal Mine, Despite Climate Concerns
Local politicians said the facility, the country’s first new coal mine in decades, would create hundreds of jobs.
EU Embargo of Russian Oil and G7’s Price Cap Take Effect
An immediate impact on oil supplies in Europe was not expected, partly because the embargo has been in the works for months.
Amid Churning Oil Market, OPEC and Russia Leave Production Unchanged
The group, OPEC Plus, reaffirmed an output cut in October as “the right course of action” but outlined no further changes before an E.U. embargo...
OPEC and Russia to Meet as Global Forces Weigh on Oil Market
As the West moves to intercede in oil trading, OPEC Plus, led by Saudi Arabia, is expected to protect its own interests.
U.K. Backs Giant Nuclear Plant, Squeezing Out China
The British government threw its weight behind nuclear power, saying it would invest in a major new nuclear plant co-owned by France’s state utility.
Europe’s Wind Industry Is Stumbling When It’s Needed Most
Makers of wind turbines are reporting mounting losses, and fret about losing out to rivals from China, as countries chase ambitious clean energy targets.