If Europe were to ban crude oil and natural gas from Russia, it would be committing “economic suicide”, Russian President Vladimir Putin said on Tuesday. Putin added that attempting to reduce energy supplies from Russia would harm Europe, not ...

Oil prices have topped $113 per barrel on optimism that China’s lockdowns are coming to an end and demand will not take a prolonged hit.  In early afternoon markets Monday, news that Shanghai was seeing a strong recovery from COVID ...

As the European Union hits a wall with its Russian oil embargo and backtracks on some sanctions, Russia has imposed its own sanctions on EuRoPol Gaz S.A., which owns the Polish portion of the Yamal-Europe natural gas pipeline.  The ...

The European Commission is expected to propose next week faster permitting for renewable energy projects as part of its plan to increase the uptake of renewable energy to cut reliance on Russian energy and speed up the energy transition, ...