Germany’s giant carmakers may have secured their own energy supplies but thousands of small suppliers faced with a squeeze from soaring bills risk upsetting production through the winter. More and Continue Reading
Nation’s reserves are 95% full two weeks ahead of schedule Region likely to avoid unusually cold winter: climate model Europe’s gas storage sites are more than 91% full. Photographer: Krisztian Continue Reading
Sweden’s incoming government will ask state-run utility Vattenfall AB to add nuclear power stations as the economy becomes increasingly electrified. “New reactors will be built in Sweden,” Ebba Busch, whose Christian Democrat Continue Reading
This northern port city is less than 25 miles away from two major oil refineries. But on Friday, the pumps at many gas stations were wrapped in red and white Continue Reading
The hard-left CGT trade union walked out of wage increase talks with TotalEnergies early on Friday, vowing to continue the strike at refineries that has crippled France’s fuel supply, despite Continue Reading
Highlights Fuel switching, LNG, efficiency and rationing Near term tough on Europeans, industry Europe will likely manage a drop in Russian natural gas supplies this winter as the war in Continue Reading
The cost of oil tankers that can navigate icy waters has surged. The cost of oil tankers that can navigate icy waters has surged ahead of looming European Union sanctions Continue Reading
Oil fell for a fourth day, set for the longest losing run in more than a year, as investors fretted that a global slowdown would hurt energy consumption and an Continue Reading
Standard Chartered has lowered its global oil demand outlook for next year, suggesting that oil demand won’t break the all-time highs of 2019. The decision by OPEC+ to cut its Continue Reading
Crude oil prices extended their slide after the International Monetary Fund reported an update to its global economic projections for this year, which deepened fears of recession. In the latest Continue Reading
