Will the Supreme Court Restrict the Scope of the Clean Water Act?
. With so many crises going on in the world right now — Hurricane Ian, suspected sabotage of the Nord Stream pipeline, the war in Ukraine — it can be Continue Reading
Strong New-Car Demand Collides With Rising Interest Rates
A dealership lot in Miami Lakes, Fla., for used-car retailer CarMax, which says high prices, inflation and rising interest rates are slowing demand. Auto executives for months have expressed confidence Continue Reading
American Energy Bills Are Set To Soar This Winter
The global energy crisis may finally be coming to America. As Europe scrambles to secure LNG supplies, American companies are racing to lend a hand. With more American LNG flowing Continue Reading
Eastward gas flows via Yamal-Europe stop, supply via Ukraine stable
Eastbound gas flows stopped on Monday via the Yamal-Europe pipeline to Poland from Germany while Russian supply to Europe via Ukraine was stable and the Nord Stream 1 pipeline remained Continue Reading
Seventh day of strikes disrupts French refineries
Strikes are disrupting TotalEnergies’ (TTEF.PA) oil products refining and delivery for a seventh day at four sites throughout France, a CGT trade union representative told Reuters on Monday. Deliveries and Continue Reading
Europe braces for heavy oil refinery outages amid tight supplies
A heavy oil refinery turnaround season in Europe this autumn, plus French strike action, is set to push diesel prices higher and tighten supplies ahead of a European Union ban Continue Reading
UK’s Truss makes U-turn on tax after week of market turmoil
Truss had defended the policy on Sunday Kwarteng now says it was a distraction U-turn made with ‘humility and contrition’ – Kwarteng Cut in highest tax rate was small part Continue Reading
Eni Working With Russia’s Gazprom to Restore Italian Gas Flows
Eni SpA is working with Gazprom PJSC and Austria to restore Russian natural gas flows to Italy after supplies were halted on Saturday in an apparent scuffle over regulation. The Continue Reading
UK Energy Regulator Warns of ‘Significant Risk’ of Gas Shortage
Follow us at @BloombergUK and on Facebook, and wrap up your day with The Readout newsletter with Allegra Stratton. The UK faces a “significant risk” of gas shortages this winter Continue Reading
European Gas Demand Set For Record-Breaking Decline In 2022
A combination of soaring natural gas prices, an industrial slowdown, and energy-saving measures has sent European gas consumption falling. The International Energy Agency has forecast a 10% drop in annual Continue Reading