OPEC+ to decide on oil production policy as demand concerns persist
The ongoing coronavirus crisis continues to cloud the outlook, and analysts expect this to reaffirm Saudi Arabia's caution about the global economic recovery.
Orsted to link a huge offshore wind farm to ‘renewable’ hydrogen production
Company claims plans would result in "one of the world's largest renewable hydrogen plants to be linked to industrial demand."
Lean into value names and trim tech positions as second quarter kicks off, Wilmington Trust says
Wilmington Trust's Meghan Shue expects growth stocks, including Big Tech, to hit more turbulence over the next three months.
Saudi Aramco CEO says oil giant can still meet dividend expectations as crown prince prioritizes investments
Saudi Arabia has announced oil giant Saudi Aramco and petrochemical firm SABIC will fund the majority of a 5 trillion riyals private sector investment plan.
A statue of climate activist Greta Thunberg has provoked anger in the UK
A statue of climate activist Greta Thunberg at a British university has provoked anger from students.
Volkswagen’s name change of U.S. operations to ‘Voltswagen’ was April Fool’s marketing prank, source says
Volkswagen's U.S. unit will not change its name even after the German automaker issued a statement on Tuesday saying it would.
US government has returned all the oil it stored for companies when prices crashed last year
The U.S. returned 18.3 million barrels of oil temporarily stored in the Strategic Petroleum Reserve by companies that rented space there last year.
The U.S. announces plans to ramp up offshore wind capacity in a big way
It's hoped the new target will generate both jobs and investment.
Here’s how Biden’s infrastructure package will likely tackle climate change
Biden's infrastructure plan will likely include record spending on mitigating climate change and accelerating a clean energy transition.
Governments — ‘not BlackRock’ — should lead the economy away from fossil fuels, economist says
Governments should be leading the economy's sustainable transformation, not markets, according to author and economist Ann Pettifor.