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Nick Heubeck

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Articles

Birol Urges EU to Reconsider Arctic Drilling Moratorium

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By Nick Heubeck
| Rigzone Verified
International Energy Agency Executive Director Fatih Birol pressed the European Union to revisit its moratorium on drilling for oil and gas in the Arctic, challenging the bloc’s long-held opposition to new fossil fuel development there. “I support the Commission to give a very close look at this issue because it is extremely important for the European energy security,” Birol told reporters in Brussels on Thursday evening after a meeting with Norwegian Finance Minister Jens Stoltenberg.
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Spain’s Cuerpo Touts US Business Ties to Diffuse Trump Tensions

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By Oliver Crook Verified, Nick Heubeck, Jorge Valero Verified
| Bloomberg Law Verified
is striving to strengthen business links with the US, despite tensions with , according to Economy and Trade Minister . In a week where the US president once again lashed out at the southern European country, Cuerpo touted investment by American firms in Spain that jumped by about 18% in 2025, as well as the opening by Spain of new trade offices in the US. “Somehow the relationship is so strong that it’s actually still ongoing,” he told Bloomberg TV in Brussels on Friday.
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German Exports Unexpectedly Increase as US Sales Rebound

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By Nick Heubeck
| Bloomberg Law Verified
German unexpectedly rose in May, extending their run of growth to a fourth straight month thanks to a sharp rebound in shipments to the US. Sales to ’s largest-trading partner jumped 23.1% from April, while those to China increased 7.1%, the statistics office said Thursday. Exports were up 0.9% overall, defying the median estimate in a Bloomberg poll for a 0.4% decline.
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