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Browsing: energy
The US’s top utilities’ CEOs enjoyed a 16% pay raise last year – to an average of $12.3m – even as consumers shoulder the pain from…
Chris Wright, the Trump administration’s energy secretary, acknowledged Sunday that it might not be until 2027 before US gas prices come back under $3 a gallon.Asked…
Europe has only six weeks of jet fuel left before shortages will hit because of the Iran war, according to the head of a global energy…
Europe has ‘maybe 6 weeks of jet fuel left,’ energy agency head warnsThe head of the International Energy Agency has warned that Europe has about six…
March saw the largest increase in global energy inflation in at least 25 years, UBS findsThe Iran war has led to the biggest rise in global…
The failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert for further oil and gas price…
The oil and gas crisis triggered by the blockade of the strait of Hormuz is “more serious than the ones in 1973, 1979 and 2022 together”,…
On the weekend that US-Israeli drones first began to rain down on Tehran, energy traders across the world’s major financial centres began to redraw their strategies.When…
The Education Department is losing its headquarters this summer and downsizing into a smaller space. J. David Ake/Getty Images The Education Department will vacate its headquarters…
Europe could face a shortage of energy and fuel as soon as next month without a reopening of the strait of Hormuz, Shell’s chief executive has…