Until recently, the idea of moving to a big city or town represented an attractive proposition to many. In 2018, the United Nations said that 55% of the planet was living in “urban areas” and forecast that this would rise to 68% by the middle of the century. While the coronavirus pandemic has made a
Energy News
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the coast of Long Beach, California. Mario Tama | Getty Images Oil prices eased slightly on Friday as markets wait to see whether major producers will commit to an extension
This image, from February 2019, shows one of Alstom’s hydrogen fuel cell train leaving Rottenbach station in Germany. Michael Reichel | picture alliance | Getty Images Transport manufacturer Alstom and energy infrastructure firm Snam are to collaborate on the development of hydrogen trains in Italy, the latest example of work being undertaken to integrate the
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the coast of Long Beach, California. Mario Tama | Getty Images Oil prices fell on Thursday, reversing gains in the previous session, on concerns that supply will rise if major
An Austrian army member stands next to the logo of the Organization of the Petroleoum Exporting Countries (OPEC) in front of OPEC’s headquarters in Vienna, Austria April 9, 2020. Leonhard Foeger | Reuters Oil prices continued to march higher on Wednesday, with Brent crude futures rising above $40 a barrel on expectations some of the
A worker examines a sewage recycling pool in the coal liquefaction factory of CHN Energy in Ordos, north China’s Inner Mongolia Autonomous Region, April 11, 2019. Xinhua | via Getty Images BEIJING — China has a lot more to worry about at home than its foreign policy. Some energy-related companies in the country have found themselves caught
Investors may be looking at last week’s late volatility, and the disturbing events around the U.S. over the weekend, as a reason to take profits on recent gains made as the market soared back from the coronavirus low point in late March. Playing it more conservative as the summer begins is a reasonable strategy, especially
An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma. Tom Pennington | Getty Images Oil prices rose in early trade on Tuesday, with traders waiting to see whether major crude producers agree to extend their huge output cuts to shore up prices at a meeting expected later
Memorystockphoto | iStock | Getty Images Norsk Hydro and Northvolt have set up a joint venture that will focus on the recycling of both battery materials and aluminum from Norway’s electric vehicle sector. In an announcement Monday, battery manufacturer Northvolt said the venture, dubbed Hydro Volt, would set up a “recycling hub” in Norway, with
What a difference a month makes. West Texas Intermediate crude oil rallied nearly 90% in May, its best month ever. It was a bounce back from April losses. “When I look at the crude oil price, I would say when you look at that chart, we’re coming right up into the downtrend resistance line and
An aerial view of oil tankers anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the coast of Long Beach, California. Mario Tama | Getty Images Oil prices edged lower on Friday after U.S.inventory data showed lackluster fuel demand in the world’s largest oil consumer
Manuel Breva Colmeiro | Moment | Getty Images The U.K. government on Thursday gave the green-light for plans to develop the country’s largest solar park, a sprawling project which will cover a large chunk of land on the north Kent coast. A joint venture between Hive Energy and Wirsol Energy, the £450 million ($555 million) Cleve Hill Solar Park
The planet’s “largest all electric commercial aircraft” has completed its maiden flight, the latest example of a zero-emission form of transport taking to the skies. The Cessna 208B Grand Caravan took off from an airport in Moses Lake, Washington, on Thursday and used a 750-horsepower all-electric motor developed by a Redmond-headquartered company called magniX. Work
A type of grass, bamboo has a number of uses. The shoots of some species, for instance, can be eaten by humans, while panda bears are known for consuming huge amounts of the stuff for sustenance. In the built environment, some types of bamboo have been utilized to produce everything from scaffolding and bridges to
An aerial view shows a cruise ship (L) and tanker vessel anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the coast of Long Beach, California. Mario Tama | Getty Images Oil prices fell on Wednesday on concerns over how quickly fuel demand will recover
An aerial view shows a cruise ship (L) and tanker vessel anchored near the ports of Long Beach and Los Angeles amid the coronavirus pandemic on April 28, 2020 off the coast of Long Beach, California. Mario Tama | Getty Images Oil prices fell in early trade on Thursday after U.S. crude, gasoline and heating
The wind farm will be located in waters off the coast of Virginia. Sinisa Kukic | Moment | Getty Images A vast offshore wind project planned for waters off the coast of Virginia Beach looks set to use Siemens Gamesa Renewable Energy’s latest wind turbines, it was announced Tuesday. The European company said that the
An aerial view shows pumpjacks in the South Belridge Oil Field on April 24, 2020 near McKittrick, California. David McNew | Getty Images The International Energy Agency believes the coronavirus pandemic has paved the way for the largest decline of global energy investment in history, with spending set to plummet in every major sector this
Maersk containers onboard the container ship Hammonia Husum, as it leaves Portsmouth harbour. (Photo by Andrew Matthews/PA Images via Getty Images) Andrew Matthews | PA Images | Getty Images Several major Danish firms, including Orsted and Moller-Maersk, have formed a partnership aiming to produce sustainable fuels on an industrial scale. The goal of the partnership — other members
Oil-storage tanks are seen from above in Carson, California, April 25, 2020 after the price for crude plunged into negative territory for the first time in history on April 20. Robyn Beck | AFP | Getty Images Oil prices rose on Tuesday on clear signs that producers are sticking to commitments to cut crude supply