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  • Stanley Reed

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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.

Germany Embraces LNG as It Weans Itself Off Russian Gas

The country, like others across Europe, is building more facilities to handle an increase in imports of liquefied natural gas, much of it from the…

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…

UK Gets Steel Tariff Exemption, but Europe Pays Double

Despite an exemption from 50 percent tariffs, Britain still has to pay a 25 percent duty because its trade deal with the United States has…

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…

How Spain’s Success in Renewable Energy May Have Left Its Power Grid Vulnerable

The Iberian Peninsula’s widespread blackout raises questions about the resilience of the electric power infrastructure in the two countries — and to an extent, the…

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.