War-driven price surge undermines Orban’s low-cost energy policy
By Gergely Szakacs BUDAPEST – By extending a cap on retail fuel prices days before Russia’s invasion of Ukraine, Hungarian Prime Minister Viktor Orban has steered into a policy trap…
By Gergely Szakacs BUDAPEST – By extending a cap on retail fuel prices days before Russia’s invasion of Ukraine, Hungarian Prime Minister Viktor Orban has steered into a policy trap…
NEW DELHI – Iran is ready to meet India’s energy security needs, its ambassador to India was quoted as saying on Friday, as negotiations continue between the world powers and…
To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst. Key Market Dynamics: Market Driver Market Challenges The rising focus on improving energy efficiency…
FRANKFURT – Much of the underlying inflation in the euro zone is a factor of high energy prices and will likely fade over time as fuel costs off, European Central…
SINGAPORE – Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs. Here are the measures announced:…
WASHINGTON – Congressional leaders in the coming weeks will call on chief executives of major oil and gas companies to testify about recent spikes in U.S. energy prices, Senate Majority…
By Bansari Mayur Kamdar – Canada’s benchmark index extended losses for a third straight session on Tuesday, as weakness in energy and metal prices due to rising COVID-19 cases in…
By David Gaffen HOUSTON – Oil industry conferences usually feature protesters of some kind, but the small group holding signs all week just a block away from the CERAWeek energy…
Republicans Probe Putin’s Alleged Effort To ‘Undermine American Energy Security’ By Funding US Green Groups Thomas Catenacci on March 10, 2022 Republicans on the House Energy and Commerce Committee announced…
Biden’s Green Transition May Usher In More Energy Insecurity. Here’s How Thomas Catenacci on March 10, 2022 The Biden administration has pushed green energy in the wake of the Ukraine…
By Barbara Goldberg PORT READING, New Jersey – In a corner of a cavernous warehouse, a woman in a yellow Tweety Bird sweatshirt separated catheters from blood-stopping gauzes. Another volunteer…
By Steve Holland and Eric Beech WASHINGTON – President Joe Biden on Thursday rejected Republican accusations that he is holding back production of oil in the United States amid a…
BERLIN – A short-term freeze on energy imports from Russia resulting from its invasion of Ukraine is likely to cause a collapse in German gross domestic product similar to that…
By Stephanie Kelly NEW YORK – U.S. motorists, already dealing with a steep rise in spending on fuel as the economy rebounded from the coronavirus-induced recession, are now dealing with…
Rep. Scalise Says Biden Is ‘Begging’ Dictators For Oil While Ignoring American Energy Samantha Renck on March 8, 2022 In a discussion with the Daily Caller News Foundation’s Samantha Renck…
WASHINGTON – A bill to ban Russian energy imports and review that country’s status at the World Trade Organization has excluded a proposal to revoke its permanent normal trade relations…
LONDON – G7 energy ministers will meet on Thursday to discuss what more the West can do to reduce its dependence on Russian oil and gas, British Business Secretary Kwasi…
ROME – The recent surge in energy prices will reduce Italy’s economic growth this year by around 0.7 percentage points, national statistics institute ISTAT estimated on Wednesday. In its monthly…
-Saudi Aramco CEO Amin Nasser said the “tragic situation unfolding in Ukraine” is making the global energy crisis worse, according to prepared remarks delivered at an industry conference Tuesday. Nasser,…
‘Simply Not True’: Biden Says He Isn’t Holding Back US Energy Production Thomas Catenacci on March 8, 2022 President Joe Biden said his administration hasn’t prevented domestic energy production, even…
WASHINGTON – The U.S. House of Representatives is set to vote as soon as Tuesday on legislation seeking to ban the import of Russian energy products and suspend normal trade…
By Ron Bousso HOUSTON -Russia’s invasion of Ukraine is a “big wake up call” for European governments hoping to balance the need for fossil fuels with environmental concerns, the head…
By David Lawder and Paul Grant WASHINGTON – The top U.S. lawmakers on trade matters on Monday announced a plan for legislation to ban the import of Russian energy products…
Stock Market Sinks, Oil Tops $130 As West Considers Russian Energy Sanctions Thomas Catenacci on March 7, 2022 The stock market dropped during early trading Monday after the U.S. benchmark…
PARIS – Engie chief executive Catherine MacGregor said on Monday that any decision to stop Russian energy imports in retaliation for Russia’s invasion of Ukraine would impact the energy supplies…