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The European Union is likely to miss its hydrogen targets due to unrealistic goals “driven by political will” and needs a strategic plan, a financial watchdog says. 

MORGAN CITY, La. — Hurricane Francine barreled toward Louisiana on Sept. 11, strengthening to a Category 2 storm that could bring deadly storm surge to the U.S. Gulf Coast.

Volkswagen Chairman Hans Dieter Pötsch said "politicians have given the industry targets without the necessary infrastructure being available."

Brookfield Asset Management is investing up to $1.1 billion in the low-carbon e-fuels startup Infinium.

U.S. oil demand growth is forecast to plateau this year, in the latest bearish indicator for the market, according to the Energy Information Administration.

The U.S. Department of Energy is studying so-called soft costs of deploying EV charging infrastructure that sometimes are overlooked but can be higher than the basic buildout costs.

The world’s top commodity merchants are grappling with a tougher environment for trading oil as seismic market events of the past few years start to lose their impact.

The national average diesel price continued its downward trend, dropping 7 cents to $3.555 per gallon, according to U.S. Energy Information Administration data released Sept. 9.

Francine is expected to lash parts of the Gulf Coast with powerful winds and heavy rain as it heads for a Sept. 11 landfall as a full-blown hurricane.

OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t hold back the supply glut awaiting global markets in 2025.