Stanley Reed
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Saudi Arabia Says It Will Cut Production to Stem a Slide in Oil Prices
OPEC Plus, the group of major oil producers, said it would continue its recent cuts in output, but Saudi Arabia said it would cut further...
OPEC Plus May Consider Cuts in Oil Production
The group of major oil producers and Russia will meet this weekend to discuss a swoon in oil prices.
Vary Energy Leans on Manure to Provide a Greener Future
Varo Energy, a Swiss provider of gasoline and diesel, is charting a path to lower carbon energy by relying on farm waste and used cooking oil.
An Automaker Has a Stark Warning for the U.K. Car Industry
Stellantis said post-Brexit export rules and the lack of a domestic battery manufacturer could force it to close its plants in Britain.
Falling Oil Prices Cause Saudi Aramco’s Profit to Slip 19 Percent
But at nearly $32 billion, the oil giant’s quarterly earnings still far exceeded those of Western rivals, and it announced an increase in dividend payments.
Shell Reports $9.6 Billion Profit, Despite Falling Oil Prices
The oil and gas giant said its earnings, which exceeded analysts’ expectations, were bolstered by strong energy trading.
Danish Wind Pioneer Keeps Battling Climate Change
Henrik Stiesdal helped design the first modern wind turbines. A thousand patents later, he’s a green tech entrepreneur rolling out new innovations.
Russia’s Gas Exports Are Expected to Slide in 2023
Once Europe’s mainstay source of natural gas, Russia’s pipeline exports this year are now likely to be half of last year’s total, analysts and the...
Britain and the Netherlands Agree on a North Sea Power Link
The undersea connection between a Dutch wind farm and Britain could be a step toward more renewable energy to counter Russia and tackle climate change.
With Russia’s Exit, Norway Becomes Europe’s Energy Champion
It is now the continent’s largest supplier of natural gas, and last year the country’s energy earnings jumped $100 billion.