Energy

Markets

Energy Crisis Spurs Record Payout at Vitol Group

Photo by Colton Sturgeon via Unsplash

Vitol Group, the world’s largest independent oil trader, has paid around a record $6.4 billion in share buybacks to its employee-owners.

1 min read

Photo by Jesse De Meulenaere via Unsplash

Energy

Shell Backs Off Offshore Wind

Shell has started to shop around for buyers to offload its stake in an offshore wind project off the coast of Scotland.

1 min read
Photo by Wdstock via iStock

Big Tech

Microsoft and Occidental Agree to Massive Carbon Credit Deal

Microsoft is is buying 500,000 carbon credits from Occidental Petroleum over the next six years to help reach its carbon-negative goal.

2 min read
Photo by UK Parliament via CC BY 3.0

Energy

The UK’s New Government Opens the Door to Renewables Investment

The United Kingdom’s newly empowered Labour has promised big shifts in the UK’s energy policy. But will it deliver?

2 min read

Energy

Shell Pulls Back on Big Biofuel Plant

Photo by Jethro Carullo via Unsplash

Shell is hitting pause on a major biofuel project in the Netherlands, one of the biggest in Europe, to consider market conditions.

2 min read

Energy

After Oil, the UAE Wants to be a Renewables Giant

Photo by Thomas Reaubourg via Unsplash

With oil in decline, Masdar, the United Arab Emirates state-backed renewables company, is on an acquisition shopping spree.

1 min read

Energy

Utility Stocks Surge on AI and Cloud Computing Boom

Photo by Oh Taeyeon via Unsplash

In an era when seemingly every tech company is vying to win the AI race, power has become the name of the game.

1 min read

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