Bloomberg/London Opec may have no appetite to cut oil production deeper when it meets next month, but flaring political crises across the group are once again threatening supply. Unrest erupted in Iraq…
France to end tax breaks for palm oil in biofuel
PARIS — France’s parliament on Friday voted to remove tax breaks for the use of palm oil as a biofuel, a day after a ruling in favour of maintaining the advantage led…
Energy stocks are pushing Canada equities to record
Bloomberg /Toronto Investors are finally warming up to Canadian energy stocks. There’s no shortage of superlatives to describe market optimism as the price of oil climbed and corporate profitability concerns eased. The…
The Climate Crisis in terms Trump can understand
“President Trump made good on his promise this week to withdraw from the Paris Climate Agreement. This wasn’t a surprise. But it still baffles us. Try as we might, we cannot see how America’s…
EU Warns Worst May Be Ahead as Euro-Area Resilience Wanes
The European Commission cut its euro-area growth and inflation outlook amid global trade tensions and policy uncertainty, warning that the bloc’s economic resilience won’t last forever. The EU’s executive arm sees economic…
Shale Oil Pioneers Say the Boom Times Are Over
The days of relentless production growth from U.S. shale oil fields are ending, potentially aiding OPEC’s years-long effort to drain a worldwide supply glut, according to industry pioneers Scott Sheffield and Mark Papa. Investor…
Shellto Buy French Offshore Wind-Power Developer
Shell to buy floating offshore wind energy developer EOLFI Shell has agreed to buy French floating wind power developer EOLFI for an undisclosed fee through its subsidiary Shell New Energies. EOLFI was…
HIA concludes participation at Qitcom
Hamad International Airport (HIA) has concluded its participation at Qitcom 2019 by demonstrating key elements of its innovative Smart Airport programme. In line with Qitcom’s theme this year, ‘Safe, Smart Cities’, HIA’s…
Amid climate worries, Mexico doubles down on fossil fuels
On the same September day that activist Greta Thurnberg gave a fiery speech in New York demanding world leaders tackle climate change, Mexico’s president was touting achievements of a wholly different kind:…