A seller of Russian crude gave Chinese buyers the flexibility to pay in yuan, as the energy giant attempts to keep its few remaining export channels flowing smoothly Geneva-based Paramount Continue Reading
Japan may expand a subsidy program for gasoline and other fuels among measures under consideration to ease soaring energy costs, the industry minister said on Sunday. The measure will be Continue Reading
The White House has promised 180mn barrels from emergency oil stockpiles to address a global energy supply crisis. As for reducing consumption, American drivers have not gotten the memo. US Continue Reading
President Joe Biden is preparing a new plan to boost domestic supply of key battery metals. Currently, the United States imports more than half of its annual consumption of 31 Continue Reading
Despite the global push to reduce dependence on fossil fuels, coal remains a key part of America’s energy mix. A new study suggests that Texas could replace nearly 100% of Continue Reading
Lithuania will no longer import Russian gas to meet its domestic needs, becoming the first country in Europe to have secured its independence from Russian supplies, the country’s energy ministry Continue Reading
Britain could build up to seven new nuclear power stations as part of a radical expansion of homegrown energy following Russia’s invasion of Ukraine, Business Secretary Kwasi Kwarteng told The Continue Reading
French power grid operator RTE warned on Saturday of a potential “tense” situation between the supply and demand of electricity in the country in the wake of the cold wave Continue Reading
Russian state-owned energy giant Gazprom (GAZP.MM) said on Sunday that it was continuing to supply natural gas to Europe via Ukraine in line with requests from European consumers. The company Continue Reading
Europe’s ambitious timetable for building its way out of a dependence on Russian energy faces potential delays and billions of dollars in extra costs as the war in Ukraine makes Continue Reading
