Europe’s Mild Winter Cushions Economic Blow of Ukraine War
Russia’s economic war with the West looks set to claim a much smaller toll on Europe than the brutal recession...
Energy
U.S., Allies Prepare Fresh Sanctions on Russian Oil Industry
Treasury officials are in Europe this week discussing price caps that go into effect next month. Source link
Tourism and Manufacturing Fight for the Future of Power in Europe
The Ukraine war has spurred the EU to accelerate the shift away from natural gas to wind and solar power,...
After a Bumpy Year, Renewable Energy Looks Poised for Boom Times
The future has never been brighter for renewable energy, as some of the snags that kept wind and solar production...
Russia Bans Sales of Oil to Countries Imposing Price Cap
The action follows moves by the Group of Seven nations barring Western companies from insuring, financing or shipping Russian crude...
Oil-and-Gas Companies Seek ESG Loans, Pledging Emissions Cuts
MarketsCredit MarketsFirms offer securities tied to decarbonization objectives as they seek new investors Source link
Honeywell to Pay $203 Million in Settlements Over Brazil, Algeria Bribery
Honeywell International Inc. will pay nearly $203 million to resolve investigations in the U.S. and Brazil into bribes paid to...
Bank of England Raises Rates by 0.5 Point, Slowing Pace of Tightening
WorldEuropeDecision follows a similar move by the Swiss National Bank on a busy day for Europe’s most influential central banks...
Exxon Holds Firm on Its Five-Year Spending Outlook
The oil company is resisting the Biden administration’s call for more investment to expand production and curb pump prices. Source...
U.S. Opens First Auctions for California Offshore Wind Rights
BusinessProjects, which would bring floating wind turbines to West Coast, face challenges due to deep waters off California’s coast Source...
Oil Price Rises After Russia Cap Kicks In
MarketsCommoditiesThe sanctions aim to crimp Russia’s oil income while preventing a surge in energy prices Source link
OPEC+ Keeps Oil Curbs Despite Russia Price Cap
WorldGroup led by Saudi Arabia and Russia also faces slowing demand in China Source link
G-7 Sets Russian Oil Price Cap of $60 a Barrel
The move came just hours after the European Union united behind the figure, as Western nations try to curb Moscow’s...
More Venezuelan Oil Unlikely to Reach Markets Soon Despite New Chevron License
BusinessBefore pumping crude in Venezuela, Chevron must collect debt, repair equipment and bolster its workforce while facing outages and security...
WSJ News Exclusive | Exxon Mobil Has a Potash Problem in the Permian Basin
The Texas-based oil giant shares a chunk of New Mexico land with mining companies, which makes drilling there a challenge....
Chevron Gets U.S. License to Pump Oil in Venezuela Again
The license was granted after Venezuelan President Nicolás Maduro’s government and an opposition coalition agreed to implement a humanitarian program...
U.S. Poised to Grant Chevron License to Pump Oil in Venezuela
The move would come just as Western sanctions on Russia threaten to tighten global supplies. Source link
Meta, Lyft, Salesforce and Other Tech Firms Dump Office Space as They Downsize
Real EstateRetreat is a blow to office market and to many cities, which have relied on sector’s real estate appetite...
Frackers Say Oil Production Slowing in the Shale Patch
U.S. oil-and-gas companies offer little relief for tight global market. Source link
WSJ News Exclusive | Exxon Considers Leasing, Selling Unused Office Space at Houston Campus
WSJ News ExclusiveBusinessMajor oil company uses less than half of available space at campus poised to become global headquarters next...
