‘From liabilities to goldmines’: refineries eye record profits from diesel shortage
Global diesel shortage expected to extend into 2027, creating record profit opportunities for Western refineries while raising economic concerns worldwide.
Some of Europe’s highest energy costs expected in Britain this winter
Great Britain faces some of Europe’s highest energy costs this winter due to increased reliance on imports at elevated market prices, with forecasts indicating sufficient supplies but at considerable expense.
More Drilling Won’t Shield U.S. Consumers From Oil Price Shocks
U.S. inflation remains elevated due to energy and food costs amid ongoing international tensions, with energy market volatility limiting domestic policy effectiveness in shielding consumers from price shocks.
Managing Offshore Wind in the Face of Uncertainty
A new report outlines adaptive management principles for offshore wind development, balancing rapid renewable energy expansion with protection of marine ecosystems and biodiversity.
Europe Enters Winter With Its Lowest Gas Inventory of the 2020s
Europe enters winter with its lowest gas inventory of the 2020s as Asian LNG prices exceed $30 per million BTU, yet analysts warn of significant price uncertainty ahead.
Four Dutch Hydrogen Projects Cancelled, New Subsidies Planned
The Netherlands cancelled four of seven hydrogen projects funded with €783.5 million in subsidies in 2022, with none yet operational. The government plans additional subsidies despite mounting evidence of unviable costs and lower-than-expected demand.