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 …
energy
Iran ready to meet India’s energy needs, Tehran envoy tells New Delhi
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 …
Industrial Heat Pumps Market to witness 32% Growth from Europe | Rising Focus on Improving Energy Efficiency by Industries to Boost Market Growth | 17,000+ Technavio Research Reports
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 …
ECB expects core inflation to fade as energy prices level off: Lane
FRANKFURT – Much of the underlying inflation in the euro zone is a factor of high energy prices and will likely fade over time as …
Factbox: Global fuel subsidies ramped up to counter energy price spike
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. …
Schumer says Congress will call oil and gas company CEOs to testify on energy prices
WASHINGTON – Congressional leaders in the coming weeks will call on chief executives of major oil and gas companies to testify about recent spikes in …
Toronto index falls as sliding commodities weigh on energy, material stocks
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 …
Protesters at energy conference find support for their cause – Ukraine
By David Gaffen HOUSTON – Oil industry conferences usually feature protesters of some kind, but the small group holding signs all week just a block …
Republicans Probe Putin’s Alleged Effort To ‘Undermine American Energy Security’ By Funding US Green Groups
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 …
Biden’s Green Transition May Usher In More Energy Insecurity. Here’s How
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 …
U.S. volunteers pack bandages, energy bars donated to 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 …
Biden rejects Republican criticism of his energy policy
By Steve Holland and Eric Beech WASHINGTON – President Joe Biden on Thursday rejected Republican accusations that he is holding back production of oil in …
Russian energy import freeze would hit Germany as hard as Covid – source
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 …
Years of low U.S. consumer energy costs wane following Russian invasion
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 …
Rep. Scalise Says Biden Is ‘Begging’ Dictators For Oil While Ignoring American Energy
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 …
U.S. Russian energy import bill stops short of revoking trade status
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 …
G7 energy ministers to discuss next steps on Russian oil and gas -UK minister
LONDON – G7 energy ministers will meet on Thursday to discuss what more the West can do to reduce its dependence on Russian oil and …
Recent surge in energy costs to cut Italy 2022 GDP by 0.7 points – ISTAT
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 …
Aramco CEO says Ukraine invasion has accelerated global energy crisis
-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 …
‘Simply Not True’: Biden Says He Isn’t Holding Back US Energy Production
‘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 …
U.S. House to vote as soon as Tuesday on Russia energy import ban: aide
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 …
Europe energy crisis a ‘big wake up call’ -TotalEnergies CEO
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 …
Key U.S. lawmakers set plan to ban Russian energy imports, revoke Moscow’s trade status
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 …
Stock Market Sinks, Oil Tops $130 As West Considers Russian Energy Sanctions
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 …
Any decision to stop Russian energy imports would hit next winter’s supplies – Engie CEO
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 …
Analysis-As Russia avoids energy sanctions, oil majors flee but TotalEnergies stays
By Shadia Nasralla, Benjamin Mallet and Michel Rose LONDON – France’s TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus …
France Seizes Russian Energy Oligarch’s $120 Million Super-Yacht
The French government seized a massive yacht belonging to Russian oligarch Igor Sechin, the head of a state-run energy giant, France’s finance ministry said. French …
Australia’s Macquarie to launch offshore wind energy business
– Australian financial conglomerate Macquarie Group’s green investment unit said on Thursday it would launch an offshore wind energy business, with operations set to start …
White House Announces Fresh Sanctions That Target Russian Energy Sector ‘Over Time’
The Biden administration unveiled a round of fresh sanctions Wednesday, in part targeting a small portion of Russia’s massive oil and gas industry. The Department …
Oil Hits 11-Year High As Big Oil Dumps Russia, White House Mulls Energy Sanctions
The price of crude oil touched its highest level in nearly 11 years on Wednesday amid the ongoing Ukraine crisis which has roiled energy markets. …
ANALYSIS: How Biden’s Energy Policies Enabled Putin’s Aggression In Ukraine
President Joe Biden has pushed an aggressive anti-fossil fuels agenda since taking office, harming U.S. energy independence goals and enabling Russian aggression, experts said. “Vladimir …
Turkey’s trade deficit surges, energy costs add to risks
By Nevzat Devranoglu ISTANBUL – Turkey’s trade deficit widened 186% year-on-year in the first two months of the year due to a surging energy bill, …
Insurer AIG steps back from coal, Arctic energy underwriting
– U.S. insurer American International Group said on Tuesday it would no longer provide underwriting services and investments for the construction of any new coal-fired …
Exclusive-Tax energy firms’ windfall profits to raise green cash, EU to tell countries – sources
By Foo Yun Chee and Kate Abnett BRUSSELS – The European Commission will propose that member countries tax the profits energy companies made from recent …
BP Sells Stake In Russian Energy Firm, Opening Door For China
U.K. oil corporation BP announced that it would immediately sell its nearly 20% stake in Russian state-owned energy firm Rosneft amid the ongoing Ukraine crisis. …
Democrats, Environmentalists Stay Silent On US Energy Independence Amid Ukraine Crisis
Democrats, Environmentalists Stay Silent On US Energy Independence Amid Ukraine Crisis Thomas Catenacci on February 25, 2022 Democrats and environmental groups were silent when asked …
Forward prices slide with sanctions yet to hit Russian energy
PARIS – European forward power prices fell further on Friday, with sanctions against Russia for its invasion of Ukraine yet to have an immediate impact …
Lead EU lawmaker proposes tougher targets to save energy
By Kate Abnett BRUSSELS – The European Parliament’s lead negotiator has proposed tougher EU targets to reduce energy use this decade, which he said would …
Factbox-Ukraine’s energy options limited in event of Russian gas disruption
KYIV – Ukraine, with a population of 41 million, is one of the largest energy consumers in Europe and is also a key transit country …
Ukraine’s energy infrastructure has not been damaged, Naftogas says
MOSCOW – Ukrainian energy firm Naftogas said on Thursday that the country’s energy infrastructure has not been the subject of systemic shelling and the “situation …
Germany can ensure energy supply without Russian gas – econ minister
BERLIN – Germany can guarantee security of supply even without Russian gas or oil, Economy Minister Robert Habeck said on Thursday. “We will have to …
Chesapeake Energy reports higher profit on soaring crude prices
– Shale oil and gas producer Chesapeake Energy Corp said on Wednesday its quarterly adjusted profit rose 14.5% in the fourth quarter from the third, …
German parties agree relief for households as energy prices soar
BERLIN – Germany’s coalition parties agreed on Wednesday a roughly 13 billion euro package of measures to help households cope with surging energy prices, including …
Top Russian Official Threatens Europe With Higher Energy Costs After Nord Stream 2 Decision
A top Russian government official warned that energy costs would skyrocket in Europe after Germany halted certification of the Nord Stream 2 pipeline Tuesday. “German …
Russia’s energy minister deems oil price of $55-70/bbl as ‘optimal’
MOSCOW – Russia’s Energy Minister considers the oil price of between $55-70 a barrel as ‘optimal’ for the market, according to an interview published on …
Harris: American sacrifice for Ukraine means even higher energy costs for all
WASHINGTON, D.C. – Vice President Kamala Harris is warning Americans to brace for even higher energy costs as the crisis between Ukraine and Russia continue …
EU will consider making countries fill gas storage – energy chief
By Isla Binnie MADRID – The European Union will consider whether to require member states to fill their natural gas storage to prescribed levels, a …
Italy approves 8 billion euro package to help economy, curb energy bills
By Giuseppe Fonte and Gavin Jones ROME -Italy’s government on Friday approved measures worth around 6 billion euros ($6.81 billion) to help consumers and firms …
U.S., Germany clash over role of nuclear energy in green transition
By Joseph Nasr BERLIN – Germany and the United States clashed on Friday over whether nuclear power should be part of the energy mix as …
GOP Senator Blocks Biden EPA Nominees Over Energy Project Delays
Republican Louisiana Sen. Bill Cassidy placed a hold on all Environmental Protection Agency (EPA) nominees after the Biden administration delayed approval of carbon capture projects …