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European gas falls to 17-month low

  Bloomberg European natural gas prices fell to the lowest level since September 2021 as confidence grows for energy stability in the region through the remainder of winter. Benchmark futures slid as much as 4.8% to about €51.39 per megawatt-hour. Sweden downgraded its risk of power cuts to “low” in a sign that the worst of the region’s supply crisis ...

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US offshore energy boss says climate crisis is opportunity

  Bloomberg The US government is moving urgently to nurture new offshore wind and carbon storage industries despite some economic hurdles, according to the nation’s newly minted ocean energy regulator. The tasks of overseeing the buildout of those nascent industries falls to Liz Klein, an environmental lawyer and clean energy champion just appointed director of the Bureau of Ocean Energy ...

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Toyota’s new CEO assembles leadership team for EV future

Bloomberg Toyota Motor Corp unveiled several changes to its senior management as Koji Sato prepares to take over as chief executive officer, seeking to improve the carmaker’s strategy and messaging in the shift to an electric future and to take on Tesla Inc. Hiroki Nakajima becomes chief technology officer and Yoichi Miyazaki will be chief financial officer from April 1, ...

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