Oil Edges Up With Focus on Russian Crude Flows, Refinery
(Bloomberg) — Oil edged higher, clawing back last week’s loss as traders gauge the impact of European Union…
Ukraine’s Drones Target Russian Refineries, Pumping Stations
(Bloomberg) — Ukraine claimed drone strikes that damaged energy infrastructure deep within Russian territory on Saturday, the latest…
Exxon Halts €100 Million Recycling Investments Due to EU
(Bloomberg) — Exxon Mobil Corp. is shelving investments in chemical recycling in Europe due to what the energy…
Insurers urged to reassess Russian oil coverage amid UK and EU price cap changes
An insurance association has urged its members to assess their exposure to Russian oil as the UK and…
Deadly Fires Rage in Greece and Spain as Heat Blasts Cyprus
(Bloomberg) — Firefighters worked overnight to contain deadly blazes in Greece and Spain that have forced the evacuation…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…
Impact of geopolitical events on oil market should not be overstated
The recent escalation in regional tensions sparked a sharp response across global markets, with oil prices briefly surging…
EU Set to Open Doors to Imported Carbon Credits Under 2040
(Bloomberg) — The European Union wants to allow limited imports of carbon credits under a planned 90% emissions…
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…
Nervy markets await Fed as Mideast conflict rages on
By Rae Wee SINGAPORE (Reuters) -Concerns over escalating hostilities in the Middle East stayed front and centre in…