Left: A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. Right: An April 16, 2012 solar eruption is captured by NASA’s Solar Dynamics Observatory. SpaceX / NASA The sun has been hibernating – but it’s waking up, and the next few years may see more satellites damaged or destroyed by
Environment
An armored personnel carrier is seen during tactical exercises, conducted by the Ukrainian National Guard, in the abandoned city of Pripyat near the Chernobyl Nuclear Power Plant in Ukraine on February 4, 2022. Gleb Garanich | Reuters Oil will “certainly” hit $120 a barrel and the global economy will be “radically altered” if Russia invades
Russian President Vladimir Putin will have to pay the price if he were to “weaponize” gas supplies to Europe as Russia-Ukraine tensions rise, says energy expert Dan Yergin. As such, the more likely scenario is that gas supplies could be disrupted because of violence in the region, rather than as a result of being weaponized,
Servicemen of Russia’s Eastern Military District units attend a welcoming ceremony as they arrive at unfamiliar training ranges in Belarus combining their own means of transport with travelling by train, to take part in a joint military exercise held by the Union State of Russia and Belarus and aiming to simulate repelling an external attack
WASHINGTON – President Joe Biden and German Chancellor Olaf Scholz had an awkward exchange with a reporter Monday at the White House over the future of the Nord Stream 2 gas pipeline. The discord at a press conference during Scholz’s first visit to the White House was brief and civil. But it also represented a
Saudi Arabia is reportedly restarting plans to list more shares of state oil giant Saudi Aramco, with recent reports saying the kingdom wants to sell as much as $50 billion, or 2.5% of the company. Executives are said to be weighing the sale of more shares, in what would be its largest sale ever, on
Oxford | E+ | Getty Images LONDON — Energy bills are set to rise drastically in the U.K. after the country’s energy regulator announced its cap on prices would rise by over 50% in April. The U.K. has limits on how much suppliers are able to charge consumers for energy, with price caps reviewed by
Whinstone CEO Chad Harris takes CNBC on a tour of the largest bitcoin mine in North America. As a major winter storm descends on Texas, crypto miners are powering down operations to help ease the burden on the state’s already beleaguered power grid. The chief concern is that we might see a repeat of last
In this article TSLA GS VOW3-DE A Volvo XC40 Recharge car on display at the 38th Thailand International Motor Expo 2021. Peerapon Boonyakiat /SOPA Images | LightRocket | Getty Images Volvo Cars and Northvolt said Friday they would build a battery manufacturing plant in Gothenburg, Sweden, with construction set to begin in 2023. According to
A logo at a Shell Recharge electric vehicle charging hub, operated by Royal Dutch Shell Plc, after re-opening to the public following a replacement of petrol and diesel pumps, in London, U.K., on Thursday, Jan. 13, 2022. Chris Ratcliffe | Bloomberg | Getty Images LONDON — Britain’s Finance Minister Rishi Sunak has rejected fresh calls
A gas station in Los Angeles on Dec. 10, 2021. FREDERIC J. BROWN | AFP | Getty Images Gas prices rose to the highest level in more than seven years Friday, on the heels of the U.S. oil benchmark topping $90 per barrel for the first time since 2014. The national average for a gallon
A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
A pump jack at oil well and fracking site situated in cotton field in Shafter. Kern County Education Images | Universal Images Group | Getty Images U.S. oil crossed above $90 on Thursday for the first time since 2014 as demand for petroleum products surges while supply remains constrained. West Texas Intermediate crude futures, the
In this article SGRE-ES A Siemens Gamesa blade factory on the banks of the River Humber in Hull, England on October 11, 2021. PAUL ELLIS | AFP | Getty Images Siemens Gamesa Renewable Energy has cut its guidance for the coming year after a turbulent period that has seen its market capitalization nearly halve. The
The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images One of the most popular bridges linking the ethereum and solana blockchains lost more than $320 million Wednesday afternoon in an apparent hack. It is DeFi’s second-biggest exploit ever, just after the $600 million Poly Network crypto heist, and it is
In this article ENR-DE IBE-ES SHEL-GB Wind turbines photographed in Aragon, Spain. Pepe Romeo / 500px | 500px | Getty Images Plans for a huge project aiming to produce green hydrogen and ammonia have been announced, with those behind it hoping construction of the first phase will begin in late 2023. On Tuesday, Copenhagen Infrastructure
In an aerial view, dry cracked earth is visible at Nicasio Reservoir on June 16, 2021 in Nicasio, California. Justin Sullivan | Getty Images California water officials warned on Tuesday that the state is set to face another dry year after experiencing a significant lack of snow in January, potentially marking its third consecutive year of
A woman shovels her car out of the snow during a major snowstorm on Jan. 29, 2022 in Stony Brook, New York. Andrew Theodorakis | Getty Images After a few months of winter and two major snowstorms pounding much of the eastern U.S. in January, many Americans may be realizing they’re in for elevated heating
Oil pumpjacks operate in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Mario Tama | Getty Images The Biden administration on Monday announced it will send $1.15 billion to states to plug thousands of orphan oil and gas wells that emit methane, a potent climate-changing greenhouse gas. Methane is a main component
It would be “insane” for Russia to invade Ukraine — but that scenario is “not impossible,” says former Prime Minister of Sweden Carl Bildt. “A big invasion might not be the most likely, but it’s not impossible” given that Russian President Vladimir Putin has used military power against Ukraine in the past, said Bildt, who
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