Europe Goes on Blackout Watch as Winter Descends

[ad_1] Europe’s energy-squeezed winter has sent power operators and businesses into high alert for blackout risks, heightened by Russia’s war in Ukraine.  [ad_2] Source link

Exxon Sues EU Over Windfall Profit Levy

[ad_1] Energy giant said Europe’s effort to take a bite from surging income discourages investment and its adoption violated rules. [ad_2] Source link

Even a Housing Crash Can’t Bring Back a Shale Boom This Time

[ad_1] Markets Heard on the Street Plummeting housing construction, which led to mass layoffs, was one tailwind for the labor-intensive shale sector following the 2008 downturn. History may not repeat.…

Russia’s Gas Production, Exports Shrink Under Sanctions Pressure

[ad_1] Western import bans and price caps have battered foreign demand, but their exact impact is unclear because Moscow stopped posting trade data. [ad_2] Source link

Russia Threatens to Cut Oil Output in Response to Western Sanctions

[ad_1] MOSCOW—Moscow threatened to cut oil output in response to Western price caps, setting the stage for an escalation of the energy war that has run parallel to the conflict…

WSJ News Exclusive | Investors, Big-Company CEOs Split on Economic Optimism, Survey Says

[ad_1] Two-thirds of chiefs of large firms are bearish about the economy, while investors and heads of midsize firms are more optimistic. [ad_2] Source link

Honeywell Strikes $203 Million Settlements Over Brazil, Algeria Bribery

[ad_1] The settlements involve UOP, a subsidiary of Honeywell that manufactures catalysts used to refine oil. Photo: WALLACE WOON/EPA/Shutterstock Honeywell International Inc. will pay nearly $203 million to resolve investigations…

Italy Found a Fix for Its Gas Crisis, but Locals Are Resisting

[ad_1] World Europe A town in Tuscany is fighting against an LNG terminal that Italy says is urgently needed as part of Europe’s efforts to replace Russian energy [ad_2] Source…

European Energy Ministers Push for Natural-Gas Price Cap

[ad_1] Russia’s invasion of Ukraine has sent prices soaring, but an agreement to limit costs has eluded the officials, who are meeting for the second time in one week. [ad_2]…