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Europe’s plans to replace Russian gas are deemed ‘wildly optimistic’ — and could hammer its economy

29.06.2022

A drilling rig at a gas processing facility, operated by Gazprom. Maxim Shemetov | Reuters The European Union’s best shot at replacing Russian gas imports this year is likely to …

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Energy

One of the most prominent crypto hedge funds just defaulted on a $670 million loan

29.06.2022

Bitcoin rallied to a record high of nearly $69,000 at the height of the 2021 crypto frenzy. In 2022, it’s moved in the opposite direction. Nurphoto | Getty Images Prominent …

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Energy

California plans to send millions of ‘inflation relief’ payments of up to $1,050. Here’s what we know about whether other states will follow

28.06.2022

AscentXmedia / Getty Who may qualify for ‘inflation relief’ checks Those with up to $75,000 in income, or $150,000 if married and filing jointly, will receive up to $350 per …

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Energy

G-7 leaders to set up a ‘Climate Club’ and take immediate action to secure energy supply

28.06.2022

Participants in the G7 summit held in Germany photographed on June 26, 2022. Stefan Rousseau – Pool | Getty Images News | Getty Images G-7 leaders will work with partners …

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Energy

Why one stock brokerage is bullish on Reliance Industries and Infosys

28.06.2022

India’s stocks didn’t have a good start in the first half of the year, but stock brokerage Kotak Securities remains bullish on two stocks. Reliance Industries, an energy and telecommunications …

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Energy

Total shutdown of Russian gas pipelines to Europe ‘is not inconceivable’

28.06.2022

Russian President Vladimir Putin makes a toast as he takes part in the XIV BRICS summit in virtual format via a video call, in Moscow on June 23, 2022. Mikhail …

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Energy

Hydrogen-powered trains to be used in Germany’s capital region

28.06.2022

A Mireo Plus H train photographed in North Rhine-Westphalia, Germany, on May 5, 2022. According to Siemens Mobility, the train can hit a top speed of 160 kilometers per hour, …

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Energy

Avoidable or inevitable recession? Billionaire investor David Rubenstein on what decides it

28.06.2022

Much of the U.S. market focus has been on the Federal Reserve’s more aggressive interest rate hikes as a reason to fear a recession. But Carlyle Group co-founder and co-chairman …

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Energy

Renewable energy vs. fossil fuels? It’s a false choice, says John Doerr

27.06.2022

As Russia’s war in Ukraine led to a spike in oil prices, energy shortages in Europe, and fears that the natural gas situation will get worse, there’s been a mounting …

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