

Stanley Reed
Posts

OPEC Plus Postpones Plan to Increase Oil Output for Three Months
The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other countries...

Former BP Chief Joins A.I. Data Center Developer
Bernard Looney will join Prometheus Hyperscale, a Wyoming start-up, to help it address the enormous energy needs of the artificial intelligence industry.

Trump’s Win a Worry for an Already Struggling Wind Industry
Faced with rising costs and thin margins, wind energy developers have lately been reducing their ambitions.

Shell Wins Appeal in Landmark Climate Case in the Netherlands
A lower court had ordered the company to cut emissions by 45 percent by 2030, but the oil giant argued that a single firm should...

With Oil Prices Weak, OPEC+ Postpones Increases Again
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.

BP Profit Falls, but It Still Sees ‘Potential to Grow’ in Oil and Gas
The energy giant’s chief executive, Murray Auchincloss, has taken a profit-oriented approach and said in an interview that the company’s “principle aim” was rewarding shareholders.

GE Vernova Finds Further Problems With Its Wind Turbine Blades
The company said other blades had a “manufacturing deviation” similar to a blade that shattered in July off the coast of Nantucket.

Conflict Between Israel and Iran Adds to Oil Market Volatility
Israel and Iran are fighting at a time when prices are under pressure because of weak demand in China and concerns about oversupply.

Cement Is a Big Polluter. A Plant in Norway Hopes to Clean It Up.
Heidelberg Materials is betting it can profit from an expensive process that will reduce the carbon dioxide emitted from one of the world’s most polluting...

Britain Backs Plan to Store Carbon Dioxide Under the Sea
Two proposals in Northern England, led by the energy giants BP and Eni, aim to establish an industry in burying emissions from industrial plants.