Diesel prices are weighing on the freight industry, and there is no end in sight. In 2021, the world’s first partially battery-electric freight train was unveiled in Pittsburgh, showing that Continue Reading
Chevron CEO Mike Wirth’s view of U.S. refineries is that there will never be another new refinery building in the United States. High prices at the pump have triggered a Continue Reading
Russia’s sanctions against Gazprom Germania and its subsidiaries could cost German taxpayers and gas users an extra 5 billion euros ($5.4 billion) a year to pay for replacement gas, the Continue Reading
Shippers of Russian crude are turning to unusual methods to move cargoes displaced from Europe over much longer distances to new customers. The most recent example is a ship-to-ship transfer Continue Reading
A small orchard on the banks of the Elbe River in northern Germany, overgrown and circled by seagulls, holds the key to the country’s Russia-free energy future. The orchard, close Continue Reading
Russia has bombed, blockaded and plundered the grain production capacity of Ukraine, which accounts for one-tenth of global wheat exports, resulting in dire forecasts of increased hunger and of spiking food prices Continue Reading
Britain said Monday it will send Ukraine multiple launch rocket systems that can strike targets up to 50 miles away, despite a threat from Russian President Vladimir Putin that Moscow would attack Continue Reading
Medvedev expects Europe to use ‘gray’ mechanisms to import Russian oil Sees Europe facing oil deficit due to sixth sanctions package Russia expects to get around the EU ban on Continue Reading
Expects 9% increase in gas exports in 2022 Investment needed to raise output, export capacity European gas prices boosting investment case for Azerbaijan Azerbaijan is ready to ship gas to Continue Reading
Boost to Tight Market Oil headed for a sixth weekly advance after a keenly anticipated OPEC+ meeting delivered only a modest increase in output that failed to assuage concerns over Continue Reading
