Production at Venezuela’s largest refinery, which can process about 645,000 barrels of oil per day (bpd), was halted late on Saturday by an electrical fault that caused a blackout, according Continue Reading
Highlights Output cut of around 20 million-30 million mt expected Annual steel demand may drop faster than supply China is likely to announce a 20 million-30 million mt, or 2-3% Continue Reading
WASHINGTON—by competing policy aims: addressing inflation and maintaining economic pressure on Beijing. People familiar with the situation say what comes next has been pending with Mr. Biden in recent weeks Continue Reading
There is a glaring problem in the energy transition that not many people are acknowledging. It is being built on the back of finite resources, and the mining industry is Continue Reading
A workers’ strike at Exxon Mobil’s (XOM.N) Esso refinery in Fos-sur-Mer in southern France stopped on Saturday and the halted units are being restarted, the company said on Sunday. “We’re Continue Reading
The German government wants to enshrine possible rescue measures for energy companies such as Uniper (UN01.DE) in its energy security law and may end up acquiring a stake in the Continue Reading
The head of Germany’s energy regulator warned that the 15 billion euros’ ($15.64 billion) worth of credit lines provided by the government to buy gas for storage facilities may not Continue Reading
A planned strike next week by Norwegian energy sector workers could cut the country’s gas output by 292,000 barrels of oil equivalent per day, or 13% of output, employers’ group Continue Reading
Swiss businesses would be first to have energy rationed in the event of supply shortages, Energy Minister Simonetta Sommaruga told the SonntagsZeitung, warning that the government cannot guarantee there will Continue Reading
City was last Ukrainian stronghold in Luhansk region Russia says has “liberated” Luhansk region Zelenskiy vows to regain control with long-range weapons Blasts hit Russia’s Belgorod, southern Ukraine base -officials Continue Reading
