Flows of Russian gas to France via Germany have been halted since June 15, French pipeline operator GRTgaz said on Friday. The group said it had no information on the Continue Reading
European countries are experiencing a surge in Covid-19 hospitalisations driven by sub-variants of the highly infectious Omicron strain, threatening a fresh global wave of the disease as immunity levels wane Continue Reading
A punishing heat wave is underway in parts of Western Europe, with widespread temperatures near or above 104 degrees Fahrenheit (40 Celsius) expected through the weekend. Heat is expected to Continue Reading
European gas prices have soared by as much as 50% in just one week. The surge in prices was spurred by reduced Russian flows and an outage at a key Continue Reading
Novatek’s $21 billion liquified natural gas plant, Yamal Arctic 2, is one of many oil and gas projects in Russia that has been put on hold. The sanctions placed on Continue Reading
Oil prices erased early gains to head lower on Thursday, a day after a fall triggered by a U.S. interest rate hike, though tight supply limited losses. Brent crude futures Continue Reading
Fuel prices at a gas station in San Francisco, California, US. Photographer: David Paul Morris/Bloomberg Oil fell after the Federal Reserve delivered the biggest rate increase in almost three decades Continue Reading
Oil prices fell more than $3 on Wednesday as markets worried about a fall in demand after the Federal Reserve hiked interest rate by three-quarters of a percentage point. Brent Continue Reading
IEA Warns Global Oil Supply to Struggle to Meet 2023 Demand A wave of new oil refining capacity that’s coming on stream won’t be enough to solve a global shortage Continue Reading
Fuel markets, especially those of diesel and kerosene, may continue to be very tight amid uneven global demand growth rates and limits in the refining capacity, the International Energy Agency Continue Reading
