Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC’s top producer in charge of two-thirds of Poland’s oil supply, eroding previously dominant supplier Russia’s leverage as Continue Reading
When Christian Hurtz opened his electricity bill just before New Year, his jaw dropped: it had more than trebled from the rate he signed up for. The 41-year-old software developer Continue Reading
Russia may be able to deliver only about half of its scheduled increases in crude production over the next six months, joining the ranks of OPEC+ nations that are struggling Continue Reading
Highlights Average daily storage withdrawals over 1 TWh lower YoY Inventory 26 TWh lower than 2021 levels Tanks less than 47% full Warmer-than-average temperatures and strong pipeline gas imports from Continue Reading
Shell, ScottishPower secured joint offers for rights to develop large-scale floating wind farms as part of ScotWind leasing. Shell and ScottishPower have secured joint offers for seabed rights to develop Continue Reading
German Chancellor Angela Merkel and other European leaders turn a wheel with Russian President Dmitry Medvedev to symbolically start the flow of gas through the Nord Stream gas pipeline in Continue Reading
Northvolt Chief Executive Peter Carlsson wants to take on his old boss Elon Musk with the greenest electric vehicle batteries in the world. But he needs to start producing them Continue Reading
Norway’s exports surged to a record last year, helped by higher demand for fossil fuels, fish, and metals. Western Europe’s largest oil and gas exporter sold 1.38 trillion kroner ($156 Continue Reading
No one expected much progress from this past week’s diplomatic marathon to defuse the security crisis Russia has ignited in Eastern Europe by surrounding Ukraine on three sides with 100,000 Continue Reading
The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two Continue Reading
