China’s crude steel output fell more than 6% in March from the same month a year earlier, data from the statistics bureau showed on Monday, as production at mills was Continue Reading
China’s economy accelerated in the first quarter of the year, even as lockdowns closed factories and kept tens of millions confined to their homes in March, according to official data Continue Reading
Faced with its worst Covid-19 outbreak yet, China has been enforcing an expanding number of mass quarantines, strict lockdowns and border controls. The measures may yet work, but official data Continue Reading
A spring storm brought several feet of snow to the Sierra Nevada and rain to parts of the San Francisco Bay Area, with more stormy weather expected this week. The Continue Reading
A vessel docked at a jetty on Louisiana’s coast is claiming its cargo of liquefied natural gas. Ice forms on a pipe as chilled fuel extracted from fields as far Continue Reading
The Texas Independent Producers and Royalty Owners Association notes another month of positive job growth for the Texas upstream sector in 2022. Citing the latest Current Employment Statistics report from Continue Reading
As Europe suffers its worst energy crisis in a generation, French presidential candidate Marine Le Pen is proposing to subsidize consumption while further curtailing supply. The 53-year-old nationalist is narrowly Continue Reading
The way China classifies coronavirus cases and reports deaths is obscuring the true impact of the Omicron wave and complicating its public health response more than two years into the Continue Reading
Judging by the numbers, China appears to be experiencing a far different pandemic than the rest of the world. In the latest surge in Shanghai, its largest city with a population of Continue Reading
The American workforce has been changing rapidly. Here is a look at where the workers have gone and why. Photo illustration: Liz Ornitz/WSJ Several million workers who dropped out of Continue Reading
Russia is ambling toward a major default on its foreign debt, a grim milestone that it has not seen since the Bolshevik Revolution more than a century ago and one Continue Reading
Nearly two months into Vladimir Putin’s brutal assault on Ukraine, the Biden administration and its European allies have begun planning for a far different world, in which they no longer Continue Reading
Russia’s economically critical oil industry is getting battered as Western buyers shun the country’s crude. Moscow is struggling to replace lost sales in the West with sales in emerging Asian Continue Reading
Russia is committed to compelling Ukraine to abandon its Euro-Atlantic orientation and asserting its own regional dominance, even as Moscow’s operational focus has shifted to the east of its neighboring Continue Reading
Shanghai reported a record number of symptomatic COVID-19 cases on Saturday and other areas across China imposed restrictions as the country kept up its “dynamic clearance” approach that aims to Continue Reading
Nigerian inflation quickened in March to its highest in five months on rising food prices, fuel shortages and supply shocks caused by the war in Ukraine. Consumer prices rose 15.9% Continue Reading
The agency has calculated that 15 million people have died as a result of the pandemic, far more than earlier estimates, but has yet to release those numbers. A mass Continue Reading
Anti-virus controls that have shut down some of China’s biggest cities and fueled public irritation are spreading as infections rise, hurting a weak economy and prompting warnings of possible global Continue Reading
As grocery delivery is thrown into disarray, one neighbor gets three oranges in return for lending out his cat One man in Shanghai said he worked out a deal for Continue Reading
Viral videos show anger and desperation in Shanghai Dozens of elderly patients at a hospital in Shanghai have died after contracting Covid-19, but official government figures claim no deaths in Continue Reading
While lockdowns in China are causing significant demand destruction and adding downward pressure to oil prices, the EU’s threat to ban Russian oil imports has the potential to send prices Continue Reading
China’s Guangdong province will boost gas consumption by 65.5% in the five years to 2025 on the back of industrial coal-to-gas switching and new natural gas-fired power plants, the provincial Continue Reading
The Biden administration on Friday said it has resumed plans for oil and gas development on federal lands, a move that could break a pledge Joe Biden made while campaigning Continue Reading
U.S. factory production rose in March by more than forecast, marking the third straight month of gains that show steady progress for manufacturers against a backdrop of gradually improving supply Continue Reading
Photographer: Paul Ratje/AFP/Getty Images President Joe Biden’s administration is dramatically curtailing U.S. public land available for new oil and gas development as it restarts leasing with new environmental protections. The Continue Reading
Several million workers who dropped out of the U.S. workforce during the Covid-19 pandemic plan to stay out indefinitely because of persistent illness fears or physical impairments, potentially exacerbating the Continue Reading
Which is better: A four-day workweek or five? Companies and governments around the world have been debating that question recently, driven by a tight labor market along with workers seeking Continue Reading
The number of total active drilling rigs in the United States rose by 4 this week, after a sizable increase of 16 rigs in the week prior, according to new Continue Reading
Three firms involved in Britain’s oil sector, including ExxonMobil, have secured injunctions to stop protests by climate change activists which have caused widespread disruption this month, the government said on Continue Reading
Several buyers of Russian gas have agreed to switch to payments in roubles, Russian Deputy Prime Minister Alexander Novak said on Friday. “We expect the decision (to switch to roubles) Continue Reading
Gazprom PJSC ’s average daily exports to key foreign buyers so far in April fell to the lowest in three months, as warmer weather and lower spot prices started to Continue Reading
Russian and Belarusian trucks are stuck in long queues at the EU’s eastern borders as hauliers try to get out of the bloc, hours before a ban on their vehicles Continue Reading
Ukraine: Kazakhstan may have secretly been loading Russian crude in their exported crude cargoes. After identifying what they believe is secretly loaded Russian crude with Kazakh oil, the experts sent Continue Reading
A potential EU embargo on Russian oil imports may be in the works, but drafting and preparing for such a ban would likely take “several months,” AFP reported on Friday, Continue Reading
IEA Cuts Global Oil Demand Forecast on China Lockdowns Oil notched a weekly gain as traders weighed a global supply deficit, a potential ban on Russian oil from the European Continue Reading
Oil prices settled higher on Thursday after an early decline as investors covered short positions ahead of the long weekend and on news that the European Union might phase in Continue Reading
Global supply of key food and energy commodities is starting to impact the global economy. Rising core inflation and hawkish Central Bank policy could further impact economic growth. The Global Continue Reading
U.S. President Joe Biden’s plan to expand liquefied natural gas (LNG) shipments to Europe to cut the region’s dependence on Russian fuel risks undermining his administration’s climate goals by encouraging Continue Reading
A rise in oil product smuggling is contributing to fuel shortages in Iraq, as illicit traders take advantage of the massive spread between sky high global energy prices and heavily Continue Reading
TotalEnergies’ controversial East African Crude Oil Pipeline is gaining traction, despite environmentalist pushback. The EACOP is expected to be the world’s longest electrically heated oil pipeline, running from Uganda to Continue Reading
Highlights Lowering private reserves mandate by 13.5 mil barrels by Oct. 8 Extends earlier 7.5 mil barrels release by six months Japan will start on April 16 releasing 6 million Continue Reading
Small protests have broken out in Shanghai as residents grow increasingly frustrated with Covid-19 lockdown restrictions, just as Beijing looks to widen national support for its commitment to eliminating the Continue Reading
U.S. oil production forecasts are being revised upwards despite labor and supply chain constraints as higher prices spur more drilling and well completion activity, according to industry experts. Calls for Continue Reading
AP Moller-Maersk A/S, one of the biggest shipping lines in the world, has stopped bookings to ship refrigerated containers into Shanghai as a strict Covid lockdown stalls the trucking of Continue Reading
China is set to install a record amount of wind and solar power capacity this year as the country strives to meet climate goals while reducing its reliance on the Continue Reading
Tesla Inc. has hit a real production snag in China. The electric carmaker’s Shanghai plant, its first outside the U.S., has had output suspended for almost three weeks due to Continue Reading
Bank of Japan Governor Haruhiko Kuroda faces another awkward communications challenge later this month when the central bank is poised to predict the strongest annual inflation since 1992 outside tax Continue Reading
Wind turbines in the U.S. produced more electricity than coal or nuclear plants on March 29 for the first time on record, the U.S. Energy Information Administration said Thursday. That Continue Reading
Wind turbines at the San Gorgonio Pass wind farm in Whitewater, California. California, which aims to have a carbon-free power grid within 25 years, got a short glimpse of that Continue Reading
Regulators approved a $4.5 billion transmission line that will deliver Canadian hydropower to New York City, a key component of the Empire State’s efforts to eliminate carbon from its power Continue Reading
