Do Kwon is unlikely to face prison time for $60 billion UST crypto wipeout — fines and lawsuits are more likely
Do Kwon, co-founder and chief executive officer of Terraform Labs, leaves the company's office in Seoul, South Korea, on Thursday,...
Environment
Oil prices slide after report Saudi Arabia could step up if Russian output dips under sanctions
In this article@CL.1@LCO.1All eyes are on whether Saudi Arabia will raise crude production if Russia's output significantly falls following European...
Oil group OPEC+ reportedly considering suspending Russia from supply deal
Some members of the energy alliance OPEC+ are considering whether to suspend Russia from an oil production deal, The Wall Street...
These charts show how Russia’s invasion of Ukraine has changed global oil flows
European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports,...
Russia hits back at the EU’s partial oil embargo, says it will find other importers for its crude
The EU's partial embargo covers Russian oil brought into the bloc by sea, with an exemption carved out for imports...
Oil prices jump after EU leaders agree to ban most Russian crude imports
In this article@LCO.1@CL.1EU leaders reached an agreement to ban 90% of Russian crude by the end of 2022.Joe Klamar |...
Egypt set for world’s sixth largest high-speed rail system with backing from Germany’s Siemens
In this articleALO-FRSIE-DEA train passes through a station in Egypt. The project involving Siemens Mobility will use trains that can...
SEC’s Hester Peirce says the U.S. has dropped the ball on crypto regulation
WASHINGTON — The U.S. has dropped the ball on crypto regulation, according to Securities and Exchange Commissioner Hester Peirce, and...
Some investors got rich before a popular stablecoin imploded, erasing $60 billion in value
WASHINGTON — In May, the collapse of one of the most popular U.S. dollar-pegged stablecoin projects cost investors tens of...
$60 billion collapse of major cryptocurrency is not the industry’s Bear Stearns moment — senators and regulators explain why
In this articleETH=WASHINGTON — It's been a brutal few weeks for the crypto market.Half a trillion dollars was wiped off...
This government lab in Idaho is researching fusion, the ‘holy grail’ of clean energy, as billions pour into the space
This is a close up view of an X-ray Photoelectron Spectroscopy system being used at the Idaho National Lab measuring...
Record high Memorial Day gas prices are stinging consumers and impacting travel
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8...
New Airbus facility to research cryogenic fuel systems for next-gen hydrogen planes
In this articleAF-FRAIR-FRA model of one of Airbus' ZEROe concept planes, photographed in November 2021. The firm has said it...
George Soros says Russia’s gas storage is almost full — and Europe should hold its nerve
Russian President Vladimir Putin delivers a speech during a ceremony honouring the country's Olympians and Paralympians at the Kremlin in...
UK slaps one-off tax on oil and gas giants to ease the pain of soaring household energy bills
Sunak previously described the idea of a windfall tax on oil and gas majors as "superficially appealing" but a decision...
Biden moves to protect major Alaska watershed from mining
Humpaback whale in Bristol Bay, AlaskaEnrique Aguirre Aves | Photodisc | Getty ImagesThe Biden administration on Wednesday moved to ban...
Try these gas-saving tips before you hit the road this Memorial Day weekend
Heading into the peak summer driving season, which kicks off on Memorial Day weekend, gasoline prices show no signs of...
Safety consultant goes viral for leaving Shell after a decade, says ‘core business’ is dangerous
In this articleSHEL-GBShell officially changed its name on Friday, ditching "Royal Dutch", which has been part of its identity since...
Burning gas to produce electricity is ‘stupid,’ the CEO of power giant Enel says
In this articleENEL-ITEnel CEO Francesco Starace photographed in 2019. In an interview with CNBC on May 24, 2022, Starace said...
Russia dominates nuclear power supply chains — and the West needs to prepare now to be independent in the future
Wind turbine and cooling towers of the Cruas-Meysse nuclear power plant in France, April 12, 2021.Jean-Marie HOSATTE | Gamma-Rapho |...