Refinery in Sicily forced to buy more oil from Russia in unintended consequence of sanctions [Read More...]
Gerhard Schröder steps down as Rosneft chair after Ukraine backlash
Former spy Matthias Warnig also quits board of oil giant after controversy in Germany [Read More...]
LNG glut raises prospect of lower UK energy bills
High import volumes and limited capacity to pipe gas on to Europe create surplus and drive down prices [Read More...]
India bans wheat exports as rising food prices alarm policymakers
The country had been filling supply gap in international markets left by Russia’s invasion of Ukraine [Read More...]
EU needs to make food security a priority for gas supplies
Farmers, fertiliser manufacturers and fisheries must be supplied with gas and diesel to avoid production shortages [Read More...]
Investors’ Chronicle: Trainline, Boohoo, Card Factory
Companies analysis from our sister publication [Read More...]
Europe’s efforts to wean itself off Russian energy a ‘game-changer’, says top US official
US state department counsellor Derek Chollet says Moscow will struggle to plug demand gap [Read More...]
Big Oil: companies have chosen not to spend big on investment
Reluctance to open wallets probably reflects frustration with Joe Biden’s energy policy [Read More...]
UK competition regulator probes Maersk-Noble £2.6bn offshore drilling merger
CMA warns of potential for higher prices and lower quality services for North Sea oil and gas producers [Read More...]
Shell starts talks over ‘nightmare’ Russia exit
Chinese state groups the only buyers available to western oil and gas majors divesting from country [Read More...]
End of an era at Anglo American as Mark Cutifani steps down
Australian has revived the fortunes of the mining group that faced near collapse a few years ago [Read More...]
Joe Biden resumes oil and gas leases on federal land
White House reverses climate change initiative under pressure to reduce high petrol prices [Read More...]
Japan’s titanium makers expected to gain more US business from Ukraine war
Metal’s price forecast to jump by two-thirds as a result of supply chain disruption and Russia sanctions [Read More...]
Russia fears push Japanese gas importers to seek new suppliers
Sourcing gas from Malaysia, Australia and US could put Japan buyers in competition with Europe [Read More...]
American motorists press the accelerator despite oil shortfall
US fuel demand is back to pre-pandemic levels while international watchdog urges conservation [Read More...]
There’s no quick fix for Europe’s energy dilemma
Short-term increases in LNG exports from US will not solve the continent’s problems [Read More...]
Yemen’s Houthis offer truce after bombing Saudi oil installations
Iranian-backed rebels’ attacks on kingdom’s oil facilities had sent jitters through market [Read More...]
Gazprom’s UK travails threaten businesses in Britain and beyond
Biggest gas supplier to UK industry faces customer flight, eviction and potential de facto nationalisation [Read More...]
Traders in uproar over the LME
Cancellation of nickel trades after huge price spike breaks convention [Read More...]
Oil supply shortage fears add to price volatility
Shortfall from Russia is being weighed against potential easing of restrictions on Iran and Venezuela [Read More...]
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