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  • Stanley Reed

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Sweden Says It Has Uncovered a Rare Earth Bonanza

The state-owned mining company announced it had found Europe’s largest deposit of the vital minerals used in electric vehicles and other green technology.

Virgin Orbit Offers More Details on Rocket Failure

More than 110 miles above earth, the rocket’s second-stage engine prematurely shut down before entering orbit, causing the loss of nine satellites.

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.