Britain Finally Creates an Oil Wealth Fund—50 Years Too Late
The UK has established a £2 billion Energy Wealth Fund from North Sea oil revenues, decades after Norway created a $2.4 trillion sovereign wealth fund from similar resources.
EU’s Proposed Shipping Subsidies Could Make BioLNG Cheaper Than Fuel Oil
The European Commission’s proposed shipping subsidy mechanism could make bioLNG and renewable e-fuels significantly cheaper than traditional fuel oil in European waters, while excluding waste-oil biodiesel from support.
Strathcona Pitches 250,000-Bpd Oil Export Route to Asia
Canadian oil producer Strathcona Resources proposed exporting 250,000 barrels of crude daily to Asia via rail and marine terminal, requiring a federal exemption from the oil tanker moratorium.
Paris Auto Show — European OEMs Strike Back
European automakers showcased aggressive responses to Chinese EV competition at the 2026 Paris Auto Show, unveiling retro-inspired electric models and reviving neglected city car segments with competitive pricing.
How Recycled Minerals from GM EV Batteries Are Helping Power New Ones
General Motors completed a closed-loop battery recycling pilot this month, using recovered nickel, cobalt, and manganese from end-of-life EV batteries to manufacture new battery cells for production vehicles.
The EU Clean Corporate Vehicles Regulation: The Industrial & Economic Benefits of “Made-in-EU” Electric Company Cars
A Fraunhofer ISI analysis indicates the EU’s Clean Corporate Vehicles Regulation could create up to €48 billion in value and 344,000 jobs by 2030, with targeted incentives for European-made electric vehicles.