The Southern California Gas Co. Playa del Rey underground natural gas storage facility in the Playa del Rey neighborhood of Los Angeles.Photographer: Bing Guan/Bloomberg Utilities that run on natural gas Continue Reading
Italy is set to unveil a new stimulus package on Monday worth up to 7 billion euros ($7.35 billion) to curb surging energy prices and help companies cope with the Continue Reading
Goldman Sachs Group Inc (GS.N) reduced its total credit exposure to Russia to $260 million in March from $650 million at the end of 2021, the bank said in a Continue Reading
German Chancellor Olaf Scholz pledged 10 billion euros ($10.51 billion) to help India achieve its climate goals after meeting its Prime Minister Narendra Modi in Berlin on Monday, but the Continue Reading
Fertilizer makers are set to post their biggest quarterly profits in years, following a supply squeeze of essential crop nutrients due to the Ukraine crisis, according to analysts. Top fertilizer Continue Reading
European natural gas fluctuated as traders weigh an outlook for milder weather and strong LNG shipments against the risk of a supply disruptions from Russia. Higher-than-usual temperatures are expected across Continue Reading
At the conclusion of its Monday meeting, the European Union has said it will not heed Russian demands to pay for gas in rubles, with a mid-May deadline for payment Continue Reading
Finland has canceled its contract with Russian state-owned power giant Rosatom for a new nuclear power plant over the war in Ukraine. Fennovoima, a Finnish-led consortium, said on Monday it Continue Reading
Oil declined in tandem with equities as China’s stringent measures to curb Covid-19 threatened a further hit to economic activity and fuel demand. West Texas Intermediate futures slid 3% as Continue Reading
Oil prices fell on Monday as concerns about weak economic growth in China, the world’s top oil importer, outweighed fears of potential supply stress from a potential European Union ban Continue Reading
