As UN inspectors sought to avert a nuclear disaster on Ukraine’s frontline, the West and Russia wounded each other’s economies, with Moscow keeping its main gas pipeline to Germany shut Continue Reading
Russia’s Gazprom (GAZP.MM) said on Saturday that Siemens Energy (ENR1n.DE) is ready to help repair broken equipment for the Nord Stream 1 gas pipeline, but there was nowhere available for Continue Reading
Russia’s Gazprom (GAZP.MM) said it would ship 42.7 million cubic metres (mcm) of natural gas to Europe through Ukraine on Saturday, hours after it announced that flows through the Nord Continue Reading
Gazprom again points to lack of location to carry out turbine repairs EU Council President Michel slams use of gas as a weapon Shutdown of Nord Stream ‘proof’ of Russian Continue Reading
Oil prices tumbled more than 3% on Thursday, as new COVID-19 lockdown measures in China added to worries that high inflation and interest rate hikes are denting fuel demand. Brent Continue Reading
Oil prices climbed early on Friday morning as expectations of an OPEC+ production cut grew. OPEC is already producing less than it was supposed to, but the group has been Continue Reading
Oil rose on Friday — paring a hefty weekly decline — before an OPEC+ meeting on supply at which Saudi Arabia could push for output cuts, and as efforts to Continue Reading
Oil headed for a third straight monthly drop Su Keenan reports. Oil registered its third straight monthly decline, its longest losing run in more than two years, on concern that Continue Reading
Global oil companies are pumping billions of dollars into offshore drilling, reversing a long decline in spending on the decades-long projects including some in the remote iceberg waters far off Continue Reading
Wheat harvests in the northern hemisphere are helping ease supply constraints. Photographer: Liesa Johannssen-Koppitz/Bloomberg Global food prices fell for a fifth month after demand for some products weakened and there Continue Reading
