Top Stories
Top Stories
“Impossible situation” for Sri Lankans struggling for petrol
Top Stories
French Finance Minister: energy and transport firms must do more to ease inflation pain
Top Stories
Norway must prepare for faster drop in oil demand on road to 2050 – IEA
Investing
Analysis: Latest U.S. stocks bounce tests skepticism that rally can last
UK’s energy regulator proposes package to boost grid capacity
Date: June 29, 2022
(Reuters) -Britain’s energy regulator proposed a spending package of 20.9 billion pounds ($25.48 billion) on Wednesday, including 2.7 billion pounds in upfront funding, as part of an initial five-year plan for sustainable and affordable regional energy grids. The plan will boost grid capacity, improve customer service and resilience to prevent power outages, Ofgem said. It...
Nissan recalls more than 300,000 SUVs in U.S. for sudden hood opening
Date: June 29, 2022
TOKYO (Reuters) -Nissan Motor Co is recalling more than 300,000 SUVs in the United States over an issue in which the hood suddenly opens, obstructing the driver’s view and increasing the risk of a crash. The Japanese automaker’s North American division said 322,671 Pathfinder vehicles for models between 2013 and 2016 are subjected to the...
ESG goals can only be meaningful if they are democratic and underpinned by data
Date: June 28, 2022
By Lea Borkenhagen, ESG strategist and advisor to Finboot To truly make the transition to a low carbon economy enterprises must change their operations, helped in part by setting and implementing goals around ESG to not only minimize risk but also create business value. There is a strong business case for investment in sustainability practices...
Norway helping plug Europe oil gap as Russian barrels head east
Date: June 28, 2022
By Nerijus Adomaitis OSLO (Reuters) – As Europe searches the world for oil to replace Russian barrels, one oilfield closer to home is helping plug the gap. Norway’s Equinor is sending crude from the giant Johan Sverdrup field in the North Sea to the European market instead of Asia, where it exported about 100 million...
Factbox-Europe’s summer travel chaos
Date: June 28, 2022
(Reuters) – Strikes and staff shortages are forcing airlines to cancel thousands of flights and causing hours-long queues at major airports, dashing hopes of a sizzling first summer after COVID lockdowns. Here is a summary of some of the developments: LABOUR UNREST: After sweeping job cuts and pay cuts when COVID-19 brought travel to a...
Sri Lanka rushes to find fuel as shortages hit schools, workers
Date: June 28, 2022
By Uditha Jayasinghe COLOMBO (Reuters) – A Sri Lankan government minister was in Qatar on Tuesday and another will travel to Russia at the weekend in search of energy deals to alleviate a severe fuel shortage that is crippling the economy of the island nation and forcing many schools to close. The South Asian country...