Wood Group, the London-based engineering firm, announced that it will need to revise its financial results and is likely to suspend trading of its shares next month.…

Global energy demand saw a significant rise last year, primarily driven by record-breaking temperatures worldwide. This climatic change led to an increase in electricity usage aimed at…

Hello and welcome to this week’s Energy Source update from London. A significant topic for British politicians this week is energy costs, which are set to increase…

The electric utility sector is navigating significant challenges, driven largely by extreme weather events and increasing energy needs stemming from technologies like AI and electrification. To better…

The world’s demand for energy surged faster than usual last year, primarily due to record-breaking global temperatures that led to increased electricity consumption for cooling purposes. This…

The Trump administration is taking decisive actions to increase economic and diplomatic pressure on Venezuelan President Nicolás Maduro by revoking several permits and licenses for Western oil…

Dive Brief: Schneider Electric, a leading automation manufacturer, has announced a significant investment of $700 million in its U.S. operations, which is set to take place by…

The cost of fuel used in nuclear reactors has reached an all-time high, primarily due to a surge in demand from artificial intelligence (AI) data centers. This…