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“Drill, baby, drill!” Natural Gas Fracking Has Saved Americans Trillions
Economy|Energy

“Drill, baby, drill!” Natural Gas Fracking Has Saved Americans Trillions

New extraction methods turned the US into a net exporter of natural gas. They also lowered the costs of heating and cooking.

Industry relies on reliable electricity.
Economy|Energy

Germany’s Wrong-Way Energy Policy

Global energy demand is soaring, driven by the technologies of the future. Germany, meanwhile, is blowing up power plants and regu…

Soldiers celebrating in the city of Hama.
Economy|Energy

From Ruin to Relevance: Syria Tries to Sell Its Geography to the West

Syria shows how quickly the rhetoric around a country can change. Yet while Damascus now casts itself as a future energy hub, the …

Candles lit in a household.
Economy|Energy

Brussels Wants Citizens to Save Power for the AI Age

Brussels plans to make households adjust their electricity use to the availability of wind and solar power while energy-hungry dat…

Wind turbines in a field.
Economy|Energy

The Wind Power Paradox of the Energy Transition

More wind turbines do not automatically mean more electricity. The expansion of wind and solar power is running into physical, eco…

Two companies withdrew from wind farm expansion.
Economy|Energy

Offshore Wind Starts to Falter

Energy giants TotalEnergies and BP are pulling back from several offshore wind sites in the North and Baltic Seas after openly que…

Global oil shock and green energy investment.
Economy|Energy

Why an Oil Shock May Mean More Coal, Not Less

Another oil shock, another promise of a green energy revolution. But as prices surge in the wake of the Iran conflict, the case fo…

The Slovak government faces a dilemma between boosting state revenues and keeping fuel prices stable, as Slovnaft struggles to generate the extraordinary profits needed for higher taxation. Photo: Zuzana Gogova / Getty Images
Economy|Energy

Oil Windfall Tax Debate Exposes Central Europe’s Dilemma

Europe’s oil majors are posting bumper profits, prompting fresh calls for windfall taxes. Slovakia, however, shows why the debate …

Vladimir Putin and Xi Jinping.
Economy|Energy

Putin and Xi Agree on Construction of Second Siberian Gas Pipeline

Moscow and Beijing have discussed the Power of Siberia 2 gas pipeline for a decade. The project now appears to be gaining momentum…

Czech energy company CEZ is caught in a battle over state control, nuclear investment and minority shareholders. Photo: David W. Cerny/Reuters
Economy|Energy

The Battle Over CEZ Is About More Than Energy

The Czech government is preparing a step that could reshape the ownership of energy giant CEZ, with the huge cost of the Dukovany …

LNG tanker docked at the terminal.
Economy|Energy

Germany and India Warn of Gas Shortages

Germany is urging citizens to save gas while denying that there is a real crisis. India, by contrast, is openly warning of the dan…

Oil shipments through the Strait of Hormuz remain severely restricted amid the conflict with Iran. Photo: Corbis via Getty Images/AI
Economy|Energy

Why the Oil Crisis Will Not Ease Anytime Soon

Global oil markets are approaching a point where demand will have to adjust to constrained supply, a shift that is likely to be pr…

The northern Druzhba pipeline normally carries Kazakh oil through Belarus and Poland to Germany. Its suspension has raised questions Moscow has yet to answer convincingly. Photo: Baxternator/Getty Images/AI
Economy|Energy

Beyond the Druzhba: Will Moscow Wean the EU off Kazakh Oil?

Kazakh oil matters more to Europe than it appears. Russia’s decision to halt supplies to Germany looks political – but Moscow has …

Access to export routes beyond Hormuz has become a decisive advantage for Gulf oil producers.
Economy|Energy

Hormuz Blockade Redraws Winners and Losers in the Gulf

The closure of the Strait of Hormuz has divided Gulf states into those benefiting from higher oil prices and those losing out beca…

The UAE’s departure from OPEC could reshape oil markets once the Strait of Hormuz reopens. Photo: Behrouz Mehri/AFP/Profimedia
Economy|Energy

Five Reasons Why the UAE Is Leaving OPEC

Oil prices are rising despite the Emirates’ announcement that it is leaving the cartel, but the move could reshape the market once…

OPEC logo. Photo: Danil Shamkin/NurPhoto via Getty Images/AI
Economy|Energy

UAE Quits OPEC and OPEC+ as Oil Markets Brace for Turbulence

Analysts warn that the departure of the United Arab Emirates could weaken the group's ability to make up for oil supply shortfalls…

Repairs to the Druzhba pipeline are set to restore Russian oil flows to Hungary and Slovakia after months of disruption. Photo: Katja Buchholz/Getty Images
Economy|Energy

Ukraine Repairs Druzhba Pipeline, Oil Flows to Resume

Ukraine has completed repairs to the Druzhba pipeline, Hungarian oil company MOL said, paving the way for Russian oil flows to res…

Germany, Bulgaria and Slovenia cut industrial electricity prices, with Austria considering similar temporary measures. Photo: Sina Schuldt/picture alliance via Getty Images
Economy|Energy

Cheap Electricity for Industry – Europe’s Costly Stopgap

Germany, Bulgaria and Slovenia are cutting electricity prices for industry, with Austria pushing for a similar model. The measure,…

US Navy sailors aboard the aircraft carrier USS Gerald R. Ford. Photo: Joe Raedle/Getty Images
Economy|Energy

Trump’s Hormuz Gamble: Whose Clock Is Ticking?

At first glance, the US blockade of the Strait of Hormuz appears a logical and justified step. Yet Donald Trump is pushing into te…

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