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The historic streak of falling US gas prices is over

After sinking every day for more than three months, US gas prices edged higher — by a penny — to $3.68 a gallon,...

Germany nationalizes its biggest natural gas importer

The German government will hold around 99% of Uniper and 8% of its Finnish parent company Fortum (FOJCF), German Economy Minister Robert Habeck...

Big oil companies are spending millions to appear ‘green.’ Their investments tell a different story, report shows

The think tank analyzed 3,421 items of public communications materials for 2021 across the five companies and found that 60% of their messaging...

The UK is preparing a huge energy bailout that could cost $172 billion

Liz Truss, who earlier this week succeeded Boris Johnson, told lawmakers Wednesday that she would unveil her plans to tackle sky-high energy prices...

Russia cuts off gas exports to Europe via Nord Stream indefinitely

On Friday, Russian state energy giant Gazprom said it would not resume flows through the pipeline on Saturday as planned because it had...

UK household energy bills to soar by 80% in October

Ofgem CEO Jonathan Brearley said the rise would have a "massive impact" on households across Britain, and another increase was likely in January,...

Chinese island plans to ban sales of fossil fuel-powered vehicles by 2030

In a statement, the provincial government vowed to be "at the forefront of the country," and become a "top student in the carbon...

UK energy crisis is ‘bigger than the pandemic’

Earlier this year, the UK government tried to protect households against 90% of the expected increases in energy bills through tax cuts, energy...

Japan turns back to nuclear power as fuel prices soar

Kishida told reporters he had instructed officials to come up with concrete measures by the end of the year.The move is a significant...

China’s Russian coal imports hit 5-year high as West shuns Moscow

China brought in 7.42 million metric tons of coal from Russia last month, data from the General Administration of Customs showed on Saturday....

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