Huge offshore wind farm Hornsea 2 is fully operational, Orsted says
One of the turbines at the Hornsea 2 offshore wind farm. According to Danish energy firm Orsted, the facility has a capacity of more than 1.3 gigawatts. Orsted A facility…
Europe’s evaporating rivers wreak havoc for food and energy production
France’s Loire River is at its lowest level as Europe experiences what is thought to be its worst drought in at least 500 years. Guillaume Souvant | Afp | Getty…
Russia temporarily halts gas flows to Europe via Nord Stream 1
Russia has drastically reduced gas supplies to Europe in recent weeks. Odd Andersen | Afp | Getty Images Russia’s state-owned energy giant Gazprom on Wednesday halted gas flows to Europe…
G20 faces ‘tough’ negotiations on climate
U.S Special Presidential Envoy for Climate John Kerry (right) with President of COP26 Alok Sharma at the G-20 Joint Environment and Climate Ministers’ Meeting in Nusa Dua, Indonesia’s Bali island,…
Iraq’s political turmoil poses risk to oil markets, says analysts
Supporters of Iraqi cleric Muqtada al-Sadr clash with security forces at Green Zone after Sadr supporters stormed the presidential palace in Baghdad, Iraq, on Aug. 30, 2022. The move came…
An Iran nuclear deal revival could dramatically alter oil prices
A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf. Raheb Homavandi | Reuters The return of the Iran nuclear deal could be…
Kyle Bass says own oil stocks for next decade amid Europe energy woes
Europe’s energy situation is dire, and it’s a problem that won’t be going away anytime soon, investor Kyle Bass told CNBC. The 27-nation bloc is experiencing soaring gas prices in…
Europe faces terrible winters without gas price cap, minister warns
Energy Minister Van der Straeten said the link between gas prices and electricity prices needed urgent reform. Picture Alliance | Picture Alliance | Getty Images Belgian Energy Minister Tinne Van…
Buffett-backed stock still overvalued despite turnaround
Warren Buffett may be a big fan of oil giant Occidental Petroleum , but Morningstar has a more bearish view on the stock. Shares in Occidental Petroleum closed at around…
Dr. Oz sides with energy industry after receiving oil, gas donations
Dr. Mehmet Oz has championed the oil and gas industry as he vies to win a coveted Senate seat in Pennsylvania. The former TV personality’s vocal support for the energy…