Kazakh law enforcement officers gather in a square during a protest against LPG cost rise following authorities’ decision to lift price caps on liquefied petroleum gas in Almaty, Kazakhstan January 5, 2022. Pavel Mikheyev | Reuters Rising food and fuel prices pose serious challenges for emerging market countries, according to one economics risk analyst, who
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As the Central Asian nation of Kazakhstan plunged into chaos this week, an internet shutdown hit the world’s second-biggest bitcoin mining hub, in yet another blow to miners searching for a permanent and stable home. Less than a year ago, China banished all of its cryptocurrency miners, many of whom sought refuge in neighboring Kazakhstan.
European Union foreign policy chief Josep Borrell and Ukrainian Foreign Minister Dmytro Kuleba visit the line of contact in Luhansk, Ukraine. Anadolu Agency | Anadolu Agency | Getty Images The United States and Russia are having key talks next week and the EU’s top diplomat is disappointed that the bloc will not be around the
A gas cooker is seen in Boroughbridge, northern England. Nigel Roddis | Reuters LONDON — Europe is facing continued volatility in its wholesale gas markets, prompting concerns across the region that an energy crisis could be about to get even worse. The front-month gas price at the Dutch TTF hub, a European benchmark for natural
A worker adjusts a pipeline valve at the Gazprom PJSC Slavyanskaya compressor station, the starting point of the Nord Stream 2 gas pipeline, in Ust-Luga, Russia, on Thursday, Jan. 28, 2021. Bloomberg | Bloomberg | Getty Images Russia will lose tens of billions of dollars if a pipeline project to transport gas to Germany is
A worker in an oil field developed by Almetyevneft, an oil and gas production board (NGDU) of Tatneft. Yegor Aleyev | TASS | Getty Images An influential group of some of the world’s largest oil producers will meet on Tuesday to discuss the next phase of output policy as energy investors weigh the potential impact
In this article SIL-IN When Elon Musk unveiled the Tesla Solar Roof in 2016, it was the first that many people had heard of solar shingles. But the idea of a roofing product that can both generate energy and blend in with regular asphalt shingles has been around for decades. Companies from Dow Chemical Company
A healthcare worker administers a COVID-19 PCR test at a free test site in Farragut Square on December 28, 2021 in Washington, DC. Anna Moneymaker | Getty Images A Covid-19 outbreak on a cruise in Lisbon. Thousands of flights canceled. Colleges going remote again. It’s a new year but the pandemic continues to cause many
In this article TSLA A solar panel is displayed on a wall near signage at the entrance of the new Tesla Inc. showroom in New York. Mark Kauzlarich | Bloomberg | Getty Images While Tesla CEO Elon Musk has said he would prefer to stay out of politics, and that he opposes all subsidies, his
U.S. oil production is back and set to increase in 2022 after more than a year of OPEC and its allies “running the show,” according to Daniel Yergin, vice chairman of IHS Markit. Output could rise by as much as 900,000 barrels per day, he told CNBC’s “Squawk Box Asia” on Wednesday. U.S. oil firms
Extinction Rebellion climate activists take part in a Rise and Rebel march organised to coincide with the end of, and anticipated failure of, the COP26 climate summit on 13th November 2021 in London, United Kingdom. Mark Kerrison | In Pictures | Getty Images Climate activists and campaign groups are pursuing an abrupt end to the
In this article RWE-DE EQNR-NO As technology develops, the size of wind turbines is getting bigger. Owaki/Kulla | The Image Bank | Getty Images Plans for three major offshore wind developments in Australia have been announced, with two of them set to incorporate floating wind technology. In a statement Wednesday, Madrid-headquartered BlueFloat Energy said it
Nederland, Colorado resident Nick Emery clears mountains of snow from his driveway on March 14, 2021. Helen H. Richardson | Denver Post | Getty Images It’s gearing up to be an expensive winter, especially for those grappling with rising heating costs. In the last year, about 20% of Americans struggled to pay their energy bill
In this article BP.-GB ENR-DE SRG-IT Sutad Watthanakul | EyeEm | Getty Images Solar business Lightsource bp is to partner with Portugal’s Dourogas on a number of projects centered around green hydrogen production. In a statement Thursday, Lightsource bp — which oil and gas giant BP has a 50% stake in — said the partnership
The high price of gasoline is displayed at a Los Angeles gas station on November 24, 2021. Chris Delmas | AFP | Getty Images A popular trick at gas stations this fall is to slap a sticker featuring President Joe Biden pointing to the price per gallon and saying, “I did that.” But the real
RgStudio | E+ | Getty Images Just in time for winter travel, gas prices are ticking up again. Nationwide, the average price for a gallon of gas is $3.34, up 2 cents from a week ago, according to GasBuddy.com. However, that’s down from about $3.43 a month ago. Average prices range from about $2.84 in
This image shows part of Northern Ireland’s coastline. Matthew Leebody / EyeEm | EyeEm | Getty Images A consortium consisting of business and academia has been established with the aim of developing deep geothermal energy projects in Northern Ireland, in what represents the latest step forward for the sector in the U.K. The consortium, called
LADWPs Pine Tree Wind Farm and Solar Power Plant in the Tehachapi Mountains Tehachapi Mountains on Tuesday, March 23, 2021 in Kern County, CA. Irfan Khan | Los Angeles Times | Getty Images A prominent Stanford University professor has outlined a roadmap for the United States to meet its total energy needs using 100% wind,
This image shows a turbine at the Hornsea 2 offshore wind farm, in waters off the east coast of England. Orsted The Hornsea 2 offshore wind farm has produced its first power, Danish energy firm Orsted has said, with the announcement representing a significant milestone in the facility’s development. Situated in waters around 89 kilometers
Coal photographed in front of the towers of a coal-fired power station in Mpumalanga, South Africa, on October 15, 2021. Waldo Swiegers | Bloomberg | Getty Images Coal-fired power generation is due to hit an all-time high this year, according to a report from the International Energy Agency, with the organization’s executive director calling for