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The company, the world’s largest maker of wind turbines, said pandemic delays in China and the rising cost of steel were hindering earnings.

Europe is a huge customer of Russia’s fossil fuels. Gas from the U.S. and elsewhere is helping offset fears of a midwinter cutoff.

Europe is a huge customer of Russia’s fossil fuels. Gas from the U.S. and elsewhere is helping offset fears of a midwinter cutoff.

Amid deteriorating human rights, an oil giant finds it can no longer make a “sufficiently positive contribution in the country.”

The International Energy Agency said demand for oil this year was likely to be higher than expected. Prices are already nearing $90 a barrel.

Oil giants like BP and Shell propose to spend billions on renewable energy, bolstering Scotland’s efforts to move away from an economy based on fossil...

OPEC Plus, the United States and others have been slow to ramp up output, lagging production goals.

The group called OPEC Plus is expected to approve increased oil output, but its members have lately been falling short of production quotas.

Linking one nation’s power grid with another’s is considered essential as more electricity is generated from solar and wind.

“There is a risk of supply shortages that could erode economic growth and trigger public discord,” said one analyst.