Europe’s Power Demand Returns to Growth
Despite weakening industrial activity and high energy costs, European electricity demand is bucking years of flailing power consumption. Rising electrification rates and…
UK Pays Record Sums to Balance Grid as Transmission Falls Behind
The UK is among the most ambitious states when it comes to a transition to a net-zero economy. Also, the UK is…
Why Invading Iran Could Become America’s Biggest Military Mistake
The ghosts of Baghdad and Kabul should be enough to silence any talk of sending American troops into Iran. Yet here we…
Record Shipping Costs Force Oil Producers to Slash Prices
Freight is reshaping global oil trade and the prices producers can command for their crude. Soaring shipping costs are pushing delivered prices…
U.S. Oil Drillers Back Off Even As Prices Soar
The total number of active drilling rigs for oil and gas in the United States remained unchanged this week, according to new…