China’s imports of Russian crude oil hit record high

Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne…

Germany to fire up coal stations as Russia squeezes gas supply

“The situation is serious,” Habeck said in a statement. “We are therefore continuing to strengthen precautions…

Triple whammy for European gas supplies sends prices soaring

Italian energy giant ENI said Wednesday that Gazprom, Russia’s state gas producer, would cut its supplies…

Europe is making it much harder for Russia to ship oil anywhere

But a smaller part of the latest sanctions package could prove just as significant. A ban…

Texas breaks power demand record during June heat wave

Sign up for The Brief, our daily newsletter that keeps readers up to speed on the…

Average US gas price hits $5 for first time

The record is hardly a surprise. Gas prices have been rising steadily for the last eight…

EU agrees on partial ban of Russian oil imports

“Agreement to ban export of Russian oil to the EU. This immediately covers more than 2/3…

Analysis: Europe’s scramble for gas could cause the next energy shortage

Since Russia invaded Ukraine, the European Union has tried to reduce its reliance on Moscow for…

Bolsonaro fires Petrobras CEO who warned of diesel crisis

Bolsonaro also called for the election of a new board, according to a statement released close…

Europe plans to spend $221 billion to ditch Russia’s energy

Presenting its “REPowerEU” plan on Wednesday, the European Commission said it would attempt to slash consumption…