In a stark illustration of diverging energy policies across Europe, households in Berlin shelled out more than four times the electricity costs of their counterparts in Budapest during the second half of 2024, according to a new report from the…
Browsing: Energy & Oil
Trump has unleashed a barrage of sanctions on Russia’s oil behemoths, Rosneft and Lukoil, sending shockwaves through global energy markets and forcing America’s key Asian trading partners—China and India—to rethink their cozy deals with Vladimir Putin’s war machine. The move,…
Former U.S. President Donald Trump is intervening in current transatlantic trade negotiations to bolster American oil giants by pressuring the European Union to relax its landmark climate regulations—moves that threaten to weaken global environmental commitments. In recent trade discussions ahead…
Shell rebuffed a Wall Street Journal report that said the oil giant was in early talks to take over rival company BP. “This is further market speculation. No talks are taking place,” the company said in a statement Wednesday. An agreement between…
