ENV

World is in its 'first truly global energy crisis' - IEA's Birol

World is in its ‘first truly global energy crisis’ – IEA’s Birol

SINGAPORE, Oct 25 (Reuters) – Tightening markets for liquefied natural gas (LNG) worldwide and major oil producers cutting supply have put the world in the middle of “the first truly global energy crisis”, the head of the International Energy Agency (IEA ) said on Tuesday. Rising imports of LNG to Europe amid the Ukraine crisis …

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Biden awards $2.8 billion to boost US minerals output for EV batteries

Biden awards $2.8 billion to boost US minerals output for EV batteries

WASHINGTON, Oct 19 (Reuters) – The Biden administration said on Wednesday it is awarding $2.8 billion in grants to boost US production of electric vehicle batteries and the minerals used to build them, part of a bid to wean the country off supplies from China. Albemarle Corp (ALB.N) is among the 20 manufacturing and processing …

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Dozens of LNG-laden ships queue off Europe's coasts unable to unload

Dozens of LNG-laden ships queue off Europe’s coasts unable to unload

LONDON/MADRID, Oct 17 (Reuters) – Dozens of ships carrying liquefied natural gas (LNG) circling off the coasts of Spain unable to secure slots to unload have prompted grid operators for the country to warn they may have to suspend loading to deal with this “exceptional situation”. Europe is facing an energy supply squeeze as Russia …

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What caused holes in Sue the T. rex's jawbone?  Scientists are stumped

What caused holes in Sue the T. rex’s jawbone? Scientists are stumped

WASHINGTON, Oct 1 (Reuters) – Sue, the biggest and best preserved Tyrannosaurus rex ever unearthed, no doubt was a fearsome beast when this predator prowled what is now South Dakota about 67 million years ago at the twilight of the age of dinosaurs. But even this huge dinosaur, whose fossils are displayed at the Field …

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EU countries approve energy windfall levies, turn to gas price cap

EU countries approve energy windfall levies, turn to gas price cap

EU approves energy windfall profit levies Countries eye gas price caps as their next move States split over how to contain sky-high prices BRUSSELS, Sept 30 (Reuters) – European Union countries agreed on Friday to impose emergency levies on energy firms’ windfall profits, and began talks on their next move to tackle Europe’s energy crunch …

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EU races to shield industry as Russia gas stoppage shakes markets

Europe races to prepare for the energy crunch this winter

Spain may shut energy-intensive industries at peak times France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/LISBON, Sept 19 (Reuters) – Germany was pressing on Monday to secure liquefied natural gas contracts with Gulf producers and other European states outlined measures …

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Biden hops into Corvette, declares Detroit 'back' at EV-focused auto show

Biden hops into Corvette, declares Detroit ‘back’ at EV-focused auto show

Register now for FREE unlimited access to Reuters.com Register DETROIT, Sept 14 (Reuters) – President Joe Biden took a victory lap on Wednesday at the Detroit auto show as he highlighted automakers’ electric-vehicle push, including billions of dollars in investments in battery plants, on the back of new government support. Self-declared “car guy” Biden climbed …

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EU to claw back energy firms' profits rather than cap Russian gas price

EU to claw back energy firms’ profits rather than cap Russian gas price

Register now for FREE unlimited access to Reuters.com Register EU countries ask bloc to propose windfall revenue cap Ministers also request EU proposal on gas price cap Countries resist EU proposal to cap Russian gas prices BRUSSELS, Sept 9 (Reuters) – EU energy ministers on Friday tasked the European Commission to press ahead with a …

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Explainer: Understanding Ethereum's major 'Merge' upgrade

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representation of cryptocurrency Ethereum is seen in front of a stock graph and US dollar in this illustration taken January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major …

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Biden administration denies Cheniere's request to sidestep LNG pollution rule

Biden administration denies Cheniere’s request to sidestep LNG pollution rule

Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 6 (Reuters) – The US Environmental Protection Agency (EPA) said on Tuesday it has denied a request from leading liquefied natural gas (LNG) exporter Cheniere Energy Inc (LNG.A) to exempt turbines at its two US Gulf Coast terminals from a hazardous pollution rule. The …

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