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  • Stanley Reed

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Green Energy Ambitions of European Companies Take a Beating

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

Three Years After Ukraine Invasion, Europe Still Deals With Energy Crisis

To wean itself off Russian natural gas, Europe has found new sources of energy, including imports from the United States. But high costs are straining…

Shell and Equinor Oil and Gas Production Is Blocked at Sites Off British Coast

A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the North Sea.

Chevron to Increase Output at Huge Oil Field in Kazakhstan

The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day.

Dark Doldrums Overshadow Europe’s Energy Markets

Periods of low sun and wind, a weather pattern known as a Dunkelflaute, can increase electricity prices and stoke political tensions.

Britain’s Falling Oil Output Leaves Jobs and Skills at Risk

The government wants to rapidly replace oil and natural gas with clean energy, but offshore wind and other alternatives are still in their early stages.

Oil Markets Shrug Off Overthrow of Syria’s al-Assad

Traders appeared to be more concerned about tepid global growth and an oversupply from other producers than about Bashar al-Assad’s ouster.

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.