Opinion | An Oil Price Cap for Russia?
Oil tanks at Volodarskaya LPDS production facility in the village of Konstantinovo in the Moscow region on June 8.…
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Energy
The world may be careening toward a 1970s-style energy crisis — or worse
Unlike those infamous episodes, this one is not contained to oil."Now we have an oil crisis, a gas crisis and an electricity crisis at the same time," Fatih Birol, head of the International Energy Agency watchdog group, told Der Spiegel…
Oil prices will surge to $100 this year, Goldman Sachs warns
In a Monday evening report to clients, the Wall Street bank backed up its bullish call by citing "robust fundamentals" in the oil market, a "surprisingly large" supply deficit and diminishing firepower from OPEC and its allies. Goldman…
No recession ahead: Evercore ISI predicts S&P 500 will jump 22% from current levels
While retail investors head for the exits as stock prices sharply fluctuate, Evercore ISI's Julian Emanuel wants to put money to work.He calls the market environment very ugly, but he believes the economy will avert a recession —…
Global group in renewable energy looking for business developer –
An opportunity exists for a young business developer to join a global group who are known for creating and managing sustainable renewable energy solutions based in Cape Town, South Africa.
This role is open to graduates, but you…
Gas prices surge again in Europe, leaving some business owners ‘terrified’ for the…
A gas cooker is seen in Boroughbridge, northern England.Nigel Roddis | ReutersLONDON — Europe is facing continued volatility in its wholesale gas markets, prompting concerns across the region that an energy crisis could be about to get…
Rishi Sunak defends letting second home owners get £400 energy bill rebate twice – UK
As my colleague Graeme Wearden reports on his business live blog, Rachel Reeves, the shadow chancellor, has criticised the decision to allow second home owners to get the £400 energy bills rebate twice. She claimed on Sky News that this…
Adani’s divisive Carmichael mine gets ready to ship coal
Billionaire Gautam Adani’s coal mine in Australia, a project that’s become a global emblem for opposition to fossil fuels, is preparing to begin exports after more than a decade of bitter dispute over its development.
Proposed in 2010…
Vedanta Aluminium Business leads in consumption of renewable energy in 2021 –
Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has become the largest industrial consumer of renewable energy (RE) in 2021, leading renewable energy procurement on India’s power…
These charts show how Russia’s invasion of Ukraine has changed global oil flows
European Union leaders reached an agreement this week to ban the majority of Russian crude oil and petroleum product imports, but nations were already shunning the country's oil, altering global flows for the commodity that powers the…