Oil Markets on Edge as Iran Vows Retaliation
Global oil markets are bracing for another wild week after the United States launched direct strikes on Iranian…
Germany Risks Higher Power Prices If Green Goals Are Cut:
(Bloomberg) — Germany would see significantly higher electricity prices if it backtracks from its renewable energy expansion targets…
Germany’s SEFE Strikes 10-Year Deal for Gas From Azerbaijan
(Bloomberg) — Germany’s state-owned SEFE signed a 10-year deal to buy gas from Azerbaijan’s state-owned Socar. The agreement,…
China’s Oil Demand to Peak Within 5 Years as India’s Continues to Climb
China’s decades-long reign as the world’s top oil demand driver is nearing its end, according to new research…
EU Will Work on Setting Water Use Caps for Thirsty Data
(Bloomberg) — The European Union will work on setting minimum performance standards to curb water usage in data…
Germany’s Red Tape Creates a Berlin-Sized Hole in Energy
(Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of…
OPEC+ Stuns Market With Larger Than Expected Output Hike
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output…
US Commodities to Avoid Strict Checks Under EU Deforestation
(Bloomberg) — US commodity producers will likely avoid strict checks under the European Union’s rules to curb deforestation…
Russia’s Oil Exports To China and India Rebound
Russia is boosting its crude oil exports, with shipments to China and India rebounding as traders and buyers…
Germany Faces Gas Storage Challenge as Italy Adopts Subsidy
(Bloomberg) — Germany’s bid to rebuild depleted natural gas inventories as the summer refilling season gets under way…