Six months after Russia launched its full-scale invasion of Ukraine, signs are accumulating that the balance on the military and economic battlefields is slowly tilting the way of Kyiv and Continue Reading
British Airways ICAGY -5.86%▼ is cutting more than 10,000 flights through the rest of the summer flying season and into the winter, threatening to extend the aviation industry’s chaotic postpandemic Continue Reading
The Pentagon is sending new weapons and equipment to Ukraine that will better prepare its military to fight Russian troops at closer ranges, potentially signaling that Kyiv and its backers Continue Reading
Dollar hits 5-wk high on hawkish Fed remarks China’s Sichuan extends power curbs on heatwave -Caixin China cuts lending benchmarks to revive faltering economy Western leaders discuss Iran nuclear deal Continue Reading
Oil fell at the start of the week with investors weighing the prospect for more Iranian supply as the outlook for economic growth weakens. Brent futures lost as much as Continue Reading
Hedge funds are pulling out of oil as price volatility becomes excessive. Oil trading activity has fallen to the lowest level in seven years. The volatility is even impacting other Continue Reading
Severe droughts across the Northern Hemisphere—stretching from the farms of California to waterways in Europe and China—are further snarling supply chains and driving up the prices of food and energy, Continue Reading
Oil majors such as ExxonMobil and Chevron will have to cut exports of Kazakh oil via Russia again due to damaged equipment, the pipeline operator said on Monday, adding to Continue Reading
Yeyerisa Abimbola has dedicated most of her 58 years on Earth to the Osun, a waterway in deeply religious Nigeria named for the river goddess of fertility. As the deity’s Continue Reading
Indian Prime Minister Narendra Modi boldly declared that his country was ready to “feed the world” after Russia’s invasion of Ukraine. Less than four months later, the government needs to Continue Reading
Though China is aiming to roll out record amounts of renewable capacity this year as decarbonisation elsewhere stalls, economic challenges mean Beijing is unlikely to tackle rising coal consumption ahead Continue Reading
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Continue Reading
An iconic skyline in the Chinese city of Shanghai – called The Bund – will not be lit for two nights to save power, officials say. The waterfront area – Continue Reading
The West has been quick to criticize China for its perceived lackluster carbon emissions targets. While China remains one of the world’s most polluting countries, it is ramping up renewable Continue Reading
Changing climate negatively impacts hydropower output Crucial to further expand power transmission, generation, storage capacities Energy security as top priority now, at the cost of climate policy China’s Sichuan province, Continue Reading
Sichuan’s worst drought in more than a half-century spurred the Chinese province to extend industrial power cuts and activate its highest emergency response, adding to manufacturers’ woes as they shut Continue Reading
Tucked into the Inflation Reduction Act that President Biden signed last week is a major expansion of federal loan programs that could help the fight against climate change by channeling Continue Reading
Germany may consider delaying shutdowns of its remaining nuclear plants as Russia squeezes gas supplies. Birgit Jennen reports. Want the lowdown on European markets? In your inbox before the open, Continue Reading
Economy minister says nuclear plants save minimal gas May have to keep a plant running in Bavaria for network stability Scholz says nuclear plant stress test results due within weeks Continue Reading
UK inflation is on track to rise above 18% for the first time in almost half a century next year as energy prices rocket, according to the investment bank Citigroup. Continue Reading
The transition to wind production in Aberdeen is already well underway, although most of the projects won’t come online until 2030 or later. Aberdeen in northeast Scotland is trying to Continue Reading
Gazprom revealed on Twitter that gas supplies via the Nord Stream pipeline will be suspended. Gazprom revealed on Twitter that gas supplies via the Nord Stream pipeline will be suspended Continue Reading
Martin Kopf needs natural gas to run his family’s company, Zinkpower GmbH, which rustproofs steel components in western Germany. Zinkpower’s facility outside Bonn uses gas to keep 600 tons of Continue Reading
Heatwaves across the globe have weighed on natural gas supplies. Countries are bracing for natural gas shortages this winter. Natural gas prices across the globe are soaring, with European prices Continue Reading
Floods and landslides triggered by intense monsoon rains killed at least 50 people in northern and eastern India over the last three days, officials said on Sunday. The rains overwhelmed Continue Reading
China’s exports of very-low-sulfur marine fuel rebounded 13.22% in July versus June as the country’s merchandise exports recovered, but still stood nearly 9.69% below the year-ago level, customs data showed Continue Reading
Indian Prime Minister Narendra Modi boldly declared that his country was ready to “feed the world” after Russia’s invasion of Ukraine. Less than four months later, the government needs to Continue Reading
Labor dispute in coastal town to shutter harbor for eight days Container terminal is nation’s busiest, vital for Asia trade Shipping containers on the dockside at Port of Felixstowe Ltd. Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . The water level at a key German chokepoint on the Rhine River Continue Reading
The daughter of a Russian nationalist ideologist who is often referred to as “Putin’s brain” was killed when her car exploded on the outskirts of Moscow, officials said Sunday. The Continue Reading
Oil prices steadied on Friday, but fell for the week on a stronger U.S. dollar and fears that an economic slowdown would weaken crude demand. Brent crude futures settled at Continue Reading
Recession fears remain elevated for key markets. Recession fears remain elevated for key markets, including the U.S. and EU, raising concerns over the strength of future oil demand. That’s what Continue Reading
Highlights Turkey open to transiting gas from new sources to Europe Additional gas could come from handful of countries Options seen for gas from Turkmenistan, Iran, Iraq, East Med Russia’s Continue Reading
One of Nigeria’s leading energy giants, Shell Petroleum Development Company of Nigeria Limited (SPDC) has disclosed that the Shell Group would not go ahead with the divestment of its interest Continue Reading
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Continue Reading
Europe is quickly running out of Russian energy alternatives. Venezuela has just halted oil shipments to Europe, saying it is done with oil-for-debt deals. Venezuela is now looking for refined Continue Reading
U.S. energy firms this week cut the number of oil and natural gas rigs for a third week in a row even as they slowly increase production to pre-pandemic levels Continue Reading
The number of total active drilling rigs in the United States fell by 1 again this week, according to new data from Baker Hughes published on Friday. It is the Continue Reading
The price of gasoline is seemingly central to everything right now. The Fed is watching it closely, which means the stock market is watching it closely. The public is focused Continue Reading
WSJ’s Katherine Blunt explains why electricity and natural-gas prices are up so much this year and offers tips on how to manage the expense. Illustration: Mike Cheslik The U.S. needs Continue Reading
New injunction narrowed in scope to 13 states Platts Analytics sees no immediate oil supply impacts Little to no new leasing activity expected in the Western US A new permanent Continue Reading
Russia will halt natural gas supplies to Europe for three days at the end of the month via its main pipeline into the region, state energy giant Gazprom (GAZP.MM) said Continue Reading
Russia’s idle primary oil refining capacity in September has been revised down to 3.826 million tonnes, 11% lower than the previous estimate, sources citing refinery maintenance data said and Reuters Continue Reading
Nord Stream link will shut for maintenance Aug. 31 to Sept. 2 Curbs on shipments now are stoking prices, rush for storage Absorber columns at the Gazprom compressor station, the Continue Reading
New LNG terminals in northern and eastern Europe would be a better option to alleviate the European gas crisis than a new natural gas pipeline from Spain to France, the Continue Reading
Shell slashed its refinery output at its Shell Energy and Chemicals Park Rheinland fuel-making facility as low Rhine River levels halted the flow of goods, Shell said on Thursday. “Due Continue Reading
Major grains houses seek spot tonnage for September laycans Freight rates to the Mediterranean, West Africa remain inconsistent The Black Sea dry bulk shipping markets have resumed spot trading as Continue Reading
Recession fears remain elevated for key markets. Recession fears remain elevated for key markets, including the U.S. and EU, raising concerns over the strength of future oil demand. That’s what Continue Reading
Oil is heading for a weekly loss as lingering concerns over an economic slowdown overshadowed signs of improving US demand. West Texas Intermediate futures dropped to near $89 a barrel Continue Reading
Oil prices rose on Thursday as robust U.S. fuel consumption data and expected falls in Russian supply late in the year offset concerns that a possible looming recession could undercut Continue Reading
