Energy

An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma. Tom Pennington | Getty Images Oil prices edged higher on Thursday after data showed U.S. crude inventories fell again, easing concern about a supply glut, though lingering fears over the global economic fallout from the Covid-19 pandemic capped

Amazon CEO Jeff Bezos announces the co-founding of The Climate Pledge at the National Press Club on September 19, 2019, in Washington. Paul Morigi | Getty Images | Amazon As Google’s cloud unit steps back from the oil and gas industry, a sales rep at Amazon Web Services is courting customers by pointing out how

Like most big companies with a complex multinational footprint, Anheuser-Busch InBev’s sales slipped in the first quarter and the beer maker is embracing new financial discipline amid the coronavirus pandemic. But the company also has acted quickly to prop up key members of its value chain — from small liquor stores to farmers to restaurants — and the situation has galvanized its

A gull flies over a deserted Millennium Bridge near to St Paul’s Cathedral in London on April 13, 2020. Glyn Kirk | AFP | Getty Images The coronavirus pandemic and associated lockdowns have resulted in a significant fall in worldwide carbon emissions, according to a new study published in the journal Nature Climate Change. The

An offshore oil platform is seen with a tanker in the distance on April 20, 2020 in Huntington Beach, California. Michael Heiman | Getty Images Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers. Brent crude

This image depicts how the turbine could look. Siemens Gamesa Siemens Gamesa Renewable Energy (SGRE) has released details of a 14-megawatt (MW) offshore wind turbine, in the latest example of how technology in the sector is increasing in scale. With 108-meter-long blades and a rotor diameter of 222 meters, the dimensions of the SG 14-222

A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020. Dado Galdieri | Bloomberg | Getty Images Oil prices rose on Tuesday, extending gains for a fourth straight session, amid signs that producers are cutting output as promised just as demand picks up, stoked

Here is what we know, or think we know, about COVID-19: it can spread through the air. According to the Centers for Disease Control and Prevention (CDC), it is thought that the COVID-19 virus can spread “through respiratory droplets produced when an infected person coughs, sneezes or talks.” According to a news release from the National

The fortunes of the oil market have turned around dramatically in the past month. This time last month, investors were watching the futures market in disbelief. The May contract for West Texas Intermediate oil was set to expire, and prices did the unthinkable —  they plunged 300% in one day, deep into negative territory. In the spot market

The novel coronavirus had cases on every continent except Antarctica when it was declared a global pandemic March 11. The crisis was brewing long before, and the United States federal emergency and stay-at-home orders would come after, but it was in that official moment of alarm that consumer behavior, and business’s response to it, changed

Workers extracting oil from oil wells in the Permian Basin in Midland, Texas on May 1, 2018. Benjamin Lowy | Getty Images West Texas Intermediate for June delivery jumped more than 11% on Monday to a two-month high, one day ahead of the contract’s expiration, as production cuts and the easing of stay-at-home restrictions supported

Oil pumping jacks, also known as “nodding donkeys”, operate in an oilfield near Almetyevsk, Tatarstan, Russia, on Wednesday, March 11, 2020. Andrey Rudakov | Bloomberg via Getty Images Oil prices jumped by more than $1 a barrel on Monday to their highest in more than a month, supported by ongoing output cuts and signs of

Situated in the wilds of the northeast Atlantic between Iceland and Scotland, the Faroe Islands are peaceful, remote and beautiful. The archipelago is also the site of a trial that, using tidal “kite” technology, could radically alter its energy mix and, in the long run, make it greener. At the beginning of April, Swedish firm

South Belridge Oil Field is the fourth-largest oil field in California and one of the most productive in the U.S. David McNew | Getty Images The International Energy Agency (IEA) said on Thursday that market forces had “demonstrated their power” on the supply side of the oil market in recent weeks, but concerns remain over

A pop-up cycle lane in Park Lane, London, where bollards have been installed to create segregation between cyclists and other road users. Stefan Rousseau | PA Images | Getty Images The mayor of London and the local transport authority announced sweeping new measures Friday that could radically alter the way people move around the U.K.

This article is part of our Paradigm Shift series, produced by nonprofit PYXERA Global, on the diverse solutions driving the transition to a circular economy. See the full collection of stories and upcoming webinars with the authors here. Commerce as we know it is going through a rapid evolution. The convergence of new technology, emerging social

A man walks past a store going out of business on May 5, 2020 in the Brooklyn borough in New York City. Angela Weiss | AFP | Getty Images The coronavirus pandemic has pushed many struggling companies over the edge and into bankruptcy. Stay-at-home orders forced many nonessential businesses to close and weakened demand for

Proponents of 3D printing technology and digital manufacturing solutions have been seeking their breakthrough moment for years. It took mere weeks to showcase their potential as enablers of flexible supply chains — capable of decentralizing worldwide production and responding to violent, unforeseen disruption. Every day, there is news of some inspirational pivot that points toward

Today I bring you exclusive data from the cutting edge of food science. Let me begin by managing expectations. This experiment is so grievously flawed that, to paraphrase Groucho Marx, I would not submit it to any journal likely to accept it. The experiment in question is a taste test of a new product from

An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma. Tom Pennington | Getty Images Oil markets are re-balancing after a collapse in demand following the coronavirus outbreak but the pathway to “the next normal” is still very uncertain, the CEO of Abu Dhabi’s National Oil Company (ADNOC) said Thursday.