• May 19, 2024
EnergyEnvironmentLatest News

‘I’ll believe it when I see it’ – Saudi Arabia

By Ahmad Ghaddar, Alex Lawler LONDON (Reuters) – This week’s surprise decision by Saudi Arabia and other top oil producers to broadly stick with output cuts despite rising crude prices was influenced by events in an unexpected place – Italy. About a year after the country’s financial heart became one of the first European cities to […]

EnergyEnvironmentLatest News

Why a predictable cold snap crippled the Texas power grid

By Tim McLaughlin, Stephanie Kelly (Reuters) – As Texans cranked up their heaters early Monday to combat plunging temperatures, a record surge of electricity demand set off a disastrous chain reaction in the state’s power grid. Wind turbines in the state’s northern Panhandle locked up. Natural gas plants shut down when frozen pipes and components shut […]