A series of rocket attacks on a gasfield in northern Iraq has sent the U.S. contractors working on its expansion packing, dealing a blow to the Kurdish region’s hopes of Continue Reading
US Firms’ Confidence on China Falls to Fresh Low China is battling Covid-19 in every province despite its use of the world’s strictest measures to keep the virus out. All Continue Reading
Bloomberg News China arrested hundreds of people allegedly involved in the nation’s largest ever bank fraud and started repaying more victims of the $5.8 billion scandal, in a bid to Continue Reading
China’s biggest property developer by sales is predicting more pain for the real estate industry after posting a record drop in first-half profit. “The home market hasn’t entirely bottomed out, Continue Reading
Crude inventory in the U.S. emergency reserves fell by 3.1 million barrels in the week to Aug. 26, according to data from the Department of Energy. Stockpiles in the Strategic Continue Reading
Six months into Russia’s war on Ukraine, Russia’s oil output has continued to exceed expectations although experts are warning that Moscow will find it increasingly difficult to uphold production as Continue Reading
Europe could continue scrambling for gas supply for a number of winters due to low gas flows from Russia, according to the chief executive officer of supermajor Shell. “It may Continue Reading
WATCH: Engie says it has been informed by Gazprom of a reduction in gas deliveries starting Tuesday. Stephen Stapczynski reports. Europe faced a further squeeze in Russian energy supplies as Continue Reading
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‘Many see the move as a power play to ratchet up political pressure on European supporters of Ukraine’. Russia is giving the term ‘power burn’ a whole new meaning by Continue Reading
