U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry

[ad_1] Treasury officials are in Europe this week discussing price caps that go into effect next month. [ad_2] Source link

Natural-Gas Prices Have Fallen Back to Earth—Except in California

[ad_1] Utility bills are ballooning in the Golden State, where natural gas costs five times the U.S. benchmark price [ad_2] Source link

Oil and Gas Are Back and Booming

[ad_1] The Haynesville basin in Louisiana and Texas is humming with drillers. Among them is Chesapeake, a fracking pioneer that was in bankruptcy just two years ago. [ad_2] Source link

Natural-Gas Prices Plunge as Unseasonably Warm Weather Is Forecast

[ad_1] The cost of the heating fuel is down more than half from summer highs. [ad_2] Source link

German Facility, Built at Breakneck Speed, Accepts Gas Shipment From U.S.

[ad_1] The shipment arrived at the LNG import terminal in the port town of Wilhelmshaven, a facility that was built in less than a year to help Germany avert an…

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

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…

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…