South Korea’s largest steelmaker grapples with weaker demand as global economy cools [Read More...]
Opec+ tipped to hold oil output levels steady
Weekend summit to be held online in a sign the cartel is likely to keep production targets unchanged [Read More...]
COP27 delegates rubbed shoulders with energy executives ready to cut deals
Climate change summit turned into a ‘trade fair’ [Read More...]
Chevron to resume Venezuela oil production as US eases sanctions
Relief comes as authoritarian Maduro government and opposition sign humanitarian deal [Read More...]
Livent warns of lithium roadblock to rollout of electric cars
CEO says supply crunch will hit cheaper models hardest as manufacturers prioritise more profitable vehicles [Read More...]
BP praises Biden climate law while expanding US shale operations
British company’s US boss Dave Lawler says Inflation Reduction Act has put oil major’s green plans on ‘steroids’ [Read More...]
Joe Biden’s energy agenda survives the midterm vote
Plus, voters’ energy priorities heading into the election [Read More...]
Saudi Arabia targets phosphates growth
Oil-rich kingdom looks to mining sector as it steps up diversification plans [Read More...]
US oil producers reap $200bn windfall from Ukraine war price surge
Record profits put sector in crosshairs of White House as it battles soaring inflation [Read More...]
US stocks close week lower after hawkish Fed interest rate remarks
Copper shoots higher on hopes China will soon loosen Covid-19 curbs [Read More...]
Is Europe winning the gas war with Russia?
The energy crisis is far from resolved given the scale of the remaining challenge on supplies [Read More...]
Sunak examines U-turn on revenue cap for low carbon electricity generators
UK PM looks at extending windfall tax to solar and wind farm companies [Read More...]
US wields crude stockpile as weapon in global oil price battle
Biden administration signals new willingness to use Strategic Petroleum Reserve as a political tool [Read More...]
ScottishPower calls for private sector fund to subsidise energy bills
Proposal would replace ‘rushed’ government policies and should prioritise the most vulnerable, says chief executive [Read More...]
France battles to avoid winter of discontent after fuel strike chaos
With few easy fixes to soaring costs, the risk for president Emmanuel Macron is that the unrest spreads to other sectors [Read More...]
Saudi Aramco cricket deal marks kingdom’s latest move into sport
Sponsorship agreement comes days after tie-up between Shell and British Cycling [Read More...]
Opec oil production cuts bad for global economy, says Yellen
US Treasury secretary criticises allies for being slow to send financial aid to Ukraine [Read More...]
Indonesia plans to list unit of flagship oil group Pertamina this year
State-run enterprises minister Erick Thohir seeks to merge sprawling SOEs into super companies [Read More...]
British Steel’s Chinese owner seeks multimillion-pound government rescue package
Firm’s representatives have met business minister Jacob Rees-Mogg twice recently [Read More...]
Europe increases defence of energy assets after Baltic Sea ‘sabotage’
Oil and gas operators in North Sea have reported unidentified drones near platforms [Read More...]
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