Stanley Reed
Posts
UK Energy Price Cap to Rise 80%, Regulator Says
The latest increase in gas and electric charges, reflecting tight energy markets stretched by the war in Ukraine, is expected to stoke inflation in Britain.
British Household Energy Bills to Rise 80 Percent, Regulator Says
The latest increase in gas and electric charges, reflecting tight energy markets stretched by the war in Ukraine, is expected to stoke inflation in Britain.
Why Europe’s Electricity Prices Are Soaring
Reverberations from the war in Ukraine have “distorted” the market for natural gas, forcing energy prices up.
Europe’s Race to Secure New Energy Sources Is on a Knife’s Edge
A long-term switch to more renewable sources has been overtaken by a short-term scramble to stave off a crisis.
Shell reports record profit, again, with $11.5 billion in latest quarter.
The energy giant is thriving because of soaring oil and gas prices and a tight market for refined products.
Shell Sees Refining Profits Tripling, Adding $1 Billion to Earnings
The oil giant is benefiting from high prices in energy markets.
Mohammad Barkindo, OPEC’s Top Official, Dies
As secretary general, he steered the oil producers group in a turbulent era.
Putin Moves to Seize Sakhalin-2, the Natural Gas Venture
Shell and two Japanese companies, Mitsui and Mitsubishi, are minority shareholders in the Sakhalin-2 joint venture.
As OPEC Plus Nears a Milestone, Focus Shifts to Russia and the U.S.
The group confirmed its decision to restore production to about 44 million barrels a day. But difficult questions remain about its relationships with Russia and...
As OPEC Plus Nears a Milestone, Focus Shifts to Russia and the U.S.
The group is expected to restore its production target to prepandemic levels. But whether that goal is attained is another matter.