First came the warnings, in messages among friends and families and on social media, to stock up on vital drugs in Russia before supplies were affected by crippling Western sanctions Continue Reading
Ukraine accused Russian soldiers of killing unarmed civilians after large numbers of dead bodies were reported to have been found in areas near Kyiv which have been retaken by Ukrainian Continue Reading
Just outside the English market town of Bicester, 15 miles from Oxford, lies the shell of a factory that sits at the forefront of the electric vehicle revolution in the Continue Reading
Oil prices fell on Friday ahead of a meeting of International Energy Agency (IEA) member nations set to discuss a release of emergency oil reserves alongside a huge planned release Continue Reading
Oil posted its biggest weekly loss in more than 10 years after the Biden administration ordered an unprecedented release of U.S. strategic reserves to tame rampant prices. West Texas Intermediate Continue Reading
Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Therefore, automakers are committing operational investments of Continue Reading
Follows US’ record 180-million-barrel SPR release move IEA’s initial stock release was for almost 62 million barrels Russian crude production shut-ins estimated at 2.8 million b/d The International Energy Agency Continue Reading
Soybeans during a harvest on a farm near Brasilia. Even before Russia invaded Ukraine, food prices had been rising around the world, driven by the higher shipping costs, energy inflation Continue Reading
The two-month truce, brokered by the United Nations, offers hope for a reduction of violence in a war that has rattled the Arabian Peninsula and caused a humanitarian crisis. Forces Continue Reading
Tehran’s demand that the United States lift its designation of the Iranian Revolutionary Guard Corps as a foreign terrorist organization, and U.S. refusal so far to do that, have brought Continue Reading
India’s coal production rose 8.6% to 777.2 million tonnes during the year ended March 2022, the government said on Friday, driven by a surge in power demand due to an Continue Reading
Complications with supply to the US, Asia driving Russian pivot to East Sanctions leading to Russian crude selling at significant discounts Russian trade in currencies other than the dollar, euro Continue Reading
Petroleum exports from Venezuela declined about 4% in March from the previous month as its state-run oil company dealt with crude cargoes returned by customers over poor oil quality, documents Continue Reading
Brazil is looking to fill part of the supply gap caused by sanctions on Russia over its invasion of Ukraine. Despite a miss on Exxon’s recent exploration push, Brazil’s oil Continue Reading
Changes to be phased in starting in 2023, after comments Operator wants fees to reflect shifting market conditions A new fee structure proposed by the Panama Canal Authority April 1 Continue Reading
Exxon Mobil Corp (XOM.N) on Friday received approval to begin work on its fourth offshore oil project in Guyana from the South American country’s Environmental Protection Agency. The permit will Continue Reading
A coronavirus outbreak is ravaging a hospital in Shanghai for older adults, underscoring the difficulties officials have had in containing infections even as the city imposed a 10-day staggered lockdown. Continue Reading
Recently I’ve been analyzing the growth in the public charging network in 2021, as we’ve just released BNEF’s 2022 Global EV Public Charging Update . Not surprisingly, Tesla is a Continue Reading
U.S. liquefied natural gas (LNG) exports rose nearly 16% last month to a record high, according to preliminary Refinitiv data, with shipments to Europe continuing to dominate. U.S. LNG is Continue Reading
COVID-19 hospitalization numbers have plunged to their lowest levels since the early days of the pandemic, offering a much-needed break to health care workers and patients alike following the omicron Continue Reading
New vehicles sold in the U.S. will have to average at least 40 miles per gallon of gasoline in 2026, up from about 28 mpg, under new federal rules unveiled Continue Reading
The one-two punch of nasty wildfires followed by heavy downpours, triggering flooding and mudslides, will strike the U.S. West far more often in a warming-hopped world, becoming a frequent occurrence, Continue Reading
Hurricane Ida hits New Orleans, Louisiana, U.S., in 2021. Another active hurricane season is in store for the Atlantic, with between 16 and 20 storms named across the basin by Continue Reading
The monthly jobs report reveals key indicators about the labor market and the overall state of the economy, but it doesn’t show the entire picture. WSJ explains how to read Continue Reading
Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’ increasing expectations of convenience. But Continue Reading
A year after he entered the White House with a vow that fighting global warming would be a driving priority for his administration, President Biden finds his climate agenda is Continue Reading
The unprecedented decision by Biden to release 180 million barrels of oil from the country’s strategic petroleum reserve over the next six months has sent oil prices below $100. While Continue Reading
Weekly U.S. oil demand data by the Energy Information Administration has been significantly overestimated. The weekly demand estimates in March already showed that recent demand strength has been easing off. Continue Reading
The number of total active drilling rigs in the United States rose by 3 this week. Permian rig count rose by 4 this week. Gas rig count rose by 1 Continue Reading
War in Ukraine affects steel goods exports from both Ukraine and Russia. Shortage of steel tubing for wells has become the latest production constraint for U.S. shale. For U.S. oil Continue Reading
The differential for jet fuel in New York Harbor nearly doubled overnight April 1, setting new records for both the outright price and the NYMEX differential for that Platts benchmark Continue Reading
South Hub real-time prices dropped to minus $1.14/MWh Wind accounts for 30% of installed renewable capacity California ranks sixth for US utility-scale wind capacity The California Independent System Operator set Continue Reading
Highlights Global supplies of oils tighten, exacerbated by lower Ukraine output SAF producers use alternate methods to meet growing demand As US airlines seek to lock in sustainable aviation fuel Continue Reading
Europe and Russia will both lose heavily if President Vladimir Putin follows through on his threat to cut gas supplies to countries he judges “unfriendly” unless they pay in roubles. Continue Reading
Russian state-owned energy giant Gazprom (GAZP.MM) said on Saturday it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers. The company said Continue Reading
The European Union is working on further sanctions on Russia but any additional measures will not affect the energy sector, the EU’s Economic Commissioner Paolo Gentiloni said in Cernobbio on Continue Reading
Germans are snapping up wood and coal, despite the arrival of Spring, with an eye on climbing gas prices and uncertainties about the effects of a prolonged war in Ukraine. Continue Reading
Russian gas flowed into Europe on Friday, while European gas prices continued to rise, as firms grappled with President Vladimir Putin’s threat to cut off supplies unless they paid in Continue Reading
Euro-zone inflation surged to a record 7.5% in March from a year ago as Russia’s war in Ukraine further boosted already soaring energy costs. While that’ll cost consumers about 230 Continue Reading
Russian President Vladimir Putin is demanding payment in rubles for natural gas — or else. Germany is talking about gas rationing in case of a cutoff. Prices for the fuel Continue Reading
For 400 years, Carletta Heinz’s family has produced bespoke glass bottles for the world’s leading perfumeries in a factory on the edges of Germany’sFranconian forest. But Russia’s invasion of Ukraine Continue Reading
European importers of Russian natural gas have until at least the second half of April to comply with Moscow’s demand that they pay in roubles, the Kremlin said, as buyers Continue Reading
The tanker Minerva Virgo docked in New York last month after leaving Russia in February. It was met with protesters from Greenpeace.Credit…Bjoern Kils/Reuters The ship, Beijing Spirit, had apparently lost Continue Reading
t did not take long for Russian businessman Kirill Kukkoyev to feel like he had been taken hostage by the events unfolding in neighboring Ukraine. That moment came eight days Continue Reading
Russia has said it will not cut off gas exports to Europe yet in a standoff over its demand to be paid in roubles. Russian president Vladimir Putin signed a Continue Reading
Germany is considering the idea of nationalizing the German units of Russian oil and gas giants Rosneft and Gazprom over concerns the companies that are systemically important for the German Continue Reading
Crude oil and condensate production in Russia fell slightly in March compared to February, Reuters reported on Friday, citing sources with knowledge of the data. In March, Russia pumped 11.01 Continue Reading
Cargoes of Russia’s ESPO crude loading in May have been offered to China for payments in yuan, as the world’s top crude importer continues to purchase Russian oil but is Continue Reading
Russian-origin fuel avoided in the face of reputational risk Russian companies face problems securing credit Bunkering operations move away from Russia As Russia’s war in Ukraine deepens, bunkering activity has Continue Reading
Export outlets drop after Russia’s invasion of Ukraine Upgrades that will cut fuel oil output facing delays Rising stockpiles of fuel oil in Russia, as international buyers shun the country’s Continue Reading
