Supply appears to be secure, but several countries are facing pressure on their networks and are seeking alternatives. Underground storage is depleting faster than in previous winters
The sinking of two old ships in the Black Sea highlights the risks of a practice that has grown exponentially since the invasion of Ukraine
German consumers will pay almost €400 per megawatt hour on Thursday, the highest figure since the end of 2022
The imposition of a universal tariff on all products coming into the US would turn the world’s leading power into a real-time economic policy laboratory
The constant flow of high-end cars, jewelry, and watches shows the limits of Western sanctions over the invasion of Ukraine. Parallel imports of cell phones and clothing are also on the rise
More than 95% of power comes from fossil fuels, with no investment to upgrade the system and blackouts a regular problem
Iran’s retaliation for Israeli strikes on Lebanon is raising concerns that the political turmoil could spill over into the crude market
More and more people are using this form of travel to get around the continent, using high-speed routes and a network of night trains that continues to expand. We traveled from Madrid to Prague and witnessed how the future of European transportation is clean and fast
Increasingly affordable and more sophisticated, batteries are the key to generating a paradigm shift in global energy and economics
The Nobel Prize winner in economics criticizes the abrupt rise in interest rates and argues that the Fed’s diagnosis is mistaken
The Serbian-American researcher is one of the best economic thinkers to emerge in decades. He has redefined the debate on equality on a global scale
In 2022, the first year of sharp rate hikes to curb rising inflation, the countries of the Global South paid almost $50 billion more in debt than they received in new financing, according to data from the UN’s trade and development arm
The Swedish historian, an advocate of classical liberalism, argues that for a certain sector of the right today, defending the beliefs of Thatcher and Reagan is being a ‘cultural Marxist’
Crude oil prices have risen by almost 20% since late 2023, driven by OPEC’s lower output and Ukrainian attacks on Russian oil facilities
The economist, one of the first to blame part of the recent inflation on corporate profit, is calling on central banks to change their monetary policy
The low cost of energy in the country is a great asset when it comes to attracting manufacturing interest. Germany no longer has Russia’s pipeline, which makes industrial activity more expensive
‘Before making any decision, we look at our current capacity and calculate the requirements,’ says Mike Considine, a deputy secretary at the Department of Energy, in a conversation with EL PAÍS
The strong rise contrasts with the sluggish overall consumption, according to the IEA, which forecasts that renewables will overtake coal next year
As head of commercial aviation at the French-based airplane manufacturer, Scherer is confident that sustainable fuels will decarbonize the sector in the short and medium-term. In a conversation with EL PAÍS, he reiterates that the first hydrogen model will be flying by 2035
According to the International Energy Agency, fragile growth, efficiency and electrification are key factors. OPEC+ is also losing its market share with greater supply from the United States, Brazil, Guyana and Canada
Despite sharp interest rate hikes, both are defying the gloomy forecasts of many economic analysts
Petroleum is facing three markedly different scenarios depending on the extent of the Ayatollah regime’s involvement in the Israel-Hamas war
The largest manufacturer of automotive components sees hydrogen as the future for heavy-duty mobility
The Danish pharmaceutical company has become the most valuable business in Europe thanks to its products that combat the disease, which the WHO believes has ‘acquired pandemic proportions’
Without the exporting boom of Novo Nordisk, now the highest valued company in Europe, the Scandinavian country’s economy would be in the red
Each barrel of crude that the Kremlin sells is already clearly above the set threshold, but the U.S. and the other non-EU members of the G7 — Canada, Japan and the United Kingdom — are refusing to introduce changes
The British expert criticizes the West’s complaints about China’s investments in Africa and Latin America when the former doesn’t do anything to build hospitals and schools there