Category: energy

Sydney Rolls Out New Type of Charging Station to Boost Electric Vehicle Adoption

The Australian city of Sydney has launched the first pole-mounted electric vehicle (EV) charger as part of a plan to improve Australia’s electric vehicle adoption by installing 30,000 similar stations across the country. Electricity distribution company Ausgrid, charging infrastructure firm EVX and the City of Sydney unveiled the new EV charger on Feb. 27. The…


Dollar Hovers Near 7-Week High as US Rate Expectations Rise

SINGAPORE/LONDON—The dollar wavered near a seven-week high on Monday, as investors took stock of last week’s strong economic data and rapid reconsideration of where interest rates will peak. Data on Friday showed U.S. consumer spending rebounded sharply in January, while inflation accelerated. Traders now expect the Fed to raise interest rates to around 5.4 percent…


Oil Rises on Russian Supply Jitters

LONDON—Oil prices edged up in volatile trade on Monday, as Russia halted exports to Poland via a key pipeline ahead of a hefty supply cut announced for March, but a stronger dollar and fears of recession capped gains. West Texas Intermediate U.S. crude futures (WTI) traded at $76.68 a barrel, 36 cents, or 0.5 percent…


World Shares Mixed After Latest Wall Street Retreat

BANGKOK—Shares gained Monday in Europe after retreating in Asia, where they tracked Wall Street’s latest decline. Last week, U.S. shares suffered their worst setback since early December. Reports on inflation, the jobs market, and retail spending have come in hotter than expected, leading analysts to raise forecasts for how high the Federal Reserve will have…


Energy Giant Moves Quietly to Erase Taiwan

A British-Australian energy giant has chosen to erase Taiwan from its financial statements, deciding instead to list all revenue from the autonomous region as from “Greater China.” Taiwan has been a self-governing democracy since the Chinese civil war ended in 1949. However, the Chinese Communist Party (CCP) regards Taiwan as a breakaway province that must…


Russia Halts Pipeline Oil Supplies to Poland, PKN Orlen Says

WARSAW—Russia has halted supplies of oil to Poland via the Druzhba pipeline, the chief executive of Polish refiner PKN Orlen said on Saturday, adding that the company would tap alternative sources to plug the gap. The halt in supplies via the pipeline—which has been exempted from EU sanctions imposed on Russia following its full-scale invasion…


LIVE 9 AM ET: 15th ICCC Panel A: Killing Agriculture to Save the Planet (Feb. 25)

Is climate change or climate policy the real issue? Many experts, advocates, and common sense politicians give their thoughts and ideas at the 15th International Conference on Climate Change (ICCC) held by the Heartland Institute in Orlando, Florida. The 4 discussions of Panel A on Feb. 25: Panel 5A – 9:00 a.m. – 10:30 a.m. ET…


LIVE NOW: 15th ICCC Panel A: Killing Agriculture to Save the Planet (Feb. 25)

Is climate change or climate policy the real issue? Many experts, advocates, and common sense politicians give their thoughts and ideas at the 15th International Conference on Climate Change (ICCC) held by the Heartland Institute in Orlando, Florida. The 4 discussions of Panel A on Feb. 25: Panel 5A – 9:00 a.m. – 10:30 a.m. ET…


15th ICCC Panel A: Killing Agriculture to Save the Planet (Feb. 25)

Is climate change or climate policy the real issue? Many experts, advocates, and common sense politicians give their thoughts and ideas at the 15th International Conference on Climate Change (ICCC) held by the Heartland Institute in Orlando, Florida. The 4 discussions of Panel A on Feb. 25: Panel 5A – 9:00 a.m. – 10:30 a.m. ET…


LIVE NOW: Is Climate Change or Policy the True Issue? 15th ICCC Panel A (Feb. 25)

Is climate change or climate policy the real issue? Many experts, advocates, and common sense politicians give their thoughts and ideas at the 15th International Conference on Climate Change (ICCC) held by the Heartland Institute in Orlando, Florida. The 4 discussions of Panel A on Feb. 25: Panel 5A – 9:00 a.m. – 10:30 a.m. ET…