Finance News – Energy Sector
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Merz backs Nord Stream ban to prevent US and Russia restarting gas link
The German chancellor supports halting the gas pipeline to avoid reigniting internal disputes related to energy dependence and to influence the financial dynamics between the invol...
Read Full Article →SSE boss: Zonal pricing would be a ‘huge mistake’
Implementing regional price differences in the UK electricity market could significantly increase costs for certain consumers, potentially leading to uneven financial impacts acros...
Read Full Article →Global copper supply projected to fall 30% short of demand by 2035, IEA warns
A significant gap between copper availability and future needs may increase costs and disrupt investments in renewable energy infrastructure essential for achieving carbon reductio...
Read Full Article →Memorial Day weekend gas prices might be the lowest in decades
The reduced fuel costs during the holiday period could lead to notable savings for consumers and potentially influence overall spending patterns in the transportation and travel se...
Read Full Article →Trump allows New York offshore wind project after apparent gas pipeline compromise with state
The approval of the Empire Wind 1 project marks a notable investment in renewable energy infrastructure, potentially influencing regional energy costs and contributing to economic...
Read Full Article →Oil prices fall after Trump raises hopes of a U.S.-Iran nuclear deal
The prospect of an agreement between the U.S. and Iran on nuclear terms contributed to a decrease in global crude oil prices, reflecting market expectations of eased geopolitical t...
Read Full Article →Can Labor keep everyone happy on gas? Its Woodside decision will reveal all
The upcoming determination on Woodside Energy’s project extension will have important economic implications, impacting multiple stakeholders concerned about energy supply, costs, a...
Read Full Article →Oil prices are down. It means something different in Canada vs. the U.S
The recent decline in crude oil costs has impacted economic strategies differently in Canada and the U.S., affecting investment decisions and revenue projections within their respe...
Read Full Article →Ill winds are blowing for Labour’s 2030 deadline for clean energy
The cancellation of a major offshore wind project highlights the financial risks and challenges involved in achieving the ambitious £200 billion investment plan for clean energy in...
Read Full Article →A top exec says America's oil industry is at a 'tipping point' and US production is set to drop
Declining crude prices combined with anticipated reductions in domestic output may impact investment flows and revenue streams within the United States energy sector over the comin...
Read Full Article →Home heating oil and fuel prices drop to 2021 levels
The recent decline in energy costs has returned to figures last seen in 2021, suggesting potential savings for households reliant on heating oil if they make purchases promptly.
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