Bloomberg BP Plc is trying to block development of part of a giant wind farm in waters off England’s east coast, according to Denmark’s Orsted A/S. Both companies have secured rights to the seabed about 70 kilometres (44 miles) from the Yorkshire coast. Orsted, the world’s largest developer of offshore wind, is seeking to build a project using the ...

Bloomberg UK households face a 38 billion pounds ($50 billion) hit from a surge in electricity and gas costs exacerbated by Russia’s invasion of Ukraine, the Financial Times newspaper reported. The increase for the 2022-23 year will be equivalent to a six pence rise in the basic rate of income tax, it said, citing an estimate by Aurora Energy Research ...

The great Nato enlargement debate never ends. In the 1990s, US officials and academics argued about whether pushing the North Atlantic Treaty Organization (Nato) into Eastern Europe was likely to sustain the post-Cold War peace or prematurely end it. More recently, critics have charged that Russia’s war in Ukraine is a natural response to the aggressive expansion of America’s most ...