The shift to electric vehicles will force huge changes in the auto industry and require EU backing for ‘reskilling’ programs to help workers prepare for a zero-emission future, according to Continue Reading
Exxon Neftegas Limited (ENL), the operator of Russia’s Sakhalin-1 oil and gas project, plans to invest $5 billion in the next five years to stem a decline in oil production, Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . European energy markets from natural gas to carbon permits jumped to records Continue Reading
Europe’s energy crisis was, in part, caused by the desire of governments to make fossil fuels ‘prohibitively expensive’ The common claim that energy can be clean, reliable, and cheap has Continue Reading
Dutch TTF and UK NBP natural gas prices hit all-time settlement highs on Monday—up 11% as the front-month contract is set to soon expire and the European gas crisis worsens. Continue Reading
Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing Continue Reading
Global fuel demand is expected to reach pre-pandemic levels by early next year as the economy shrugs off pandemic woes, but spare refining capacity is likely to weigh on the Continue Reading
The oil markets appear to have successfully scaled a major wall of worry, with oil prices rebounding to multi-year highs. Brent crude settled near a three-year high at $77.25/bbl, its Continue Reading
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . Visit Maryland, the proud crab capital of the U.S., and Continue Reading
Delayed maintenance, low investment limit oil output Angola and Nigeria pumped average of 276kbpd below quota – data Nigerian firms rushing works to boost output – Shoreline’s Karim Production below Continue Reading
