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Refinery in Sicily forced to buy more oil from Russia in unintended consequence of sanctions
Nuclear power plant now expected to total £25bn-£26bn with further delays anticipated
Chief says gas glut has left pipelines running at capacity and that boosting flow would be unsafe
Asset manager calls on oil major to seek creation of climate auditor for all companies
Country’s biggest energy group confirms planning has begun to enable refineries to process alternative crude
$6-a-gallon petrol is coming, JPMorgan says
Brussels outlines plan to bolster energy infrastructure and insists it will still hit carbon reduction targets
US Treasury secretary raises mechanisms to stymie energy flows with bloc leaders ahead of G7
World’s largest broker takes on role of finding insurance despite protest from staff
Chancellor under mounting pressure to help households cope with rising utility bills
Investors must use their collective might to accelerate the transition to renewable energy
EU reiterates move would breach bloc’s sanctions against Moscow
Oil group’s production quotas set to expire in three months and Russian output is falling
European industrial heavyweights lead €100mn funding round in Morrow Batteries
Vagit Alekperov says tightened sanctions would be worst outcome for Europe as well as Moscow
Italian group’s commitment follows spending plans from BP, Shell and Harbour
Former spy Matthias Warnig also quits board of oil giant after controversy in Germany
Yellen tells G7 meeting there is a ‘very real risk’ that more people will go hungry
Scorpio investment a sign of manufacturers looking beyond car industry into new markets
Labour loses Commons vote on levy but chancellor warns industry ‘no option is off the table’
Plan risks pushing up emissions by making it easier to use other fossil fuels
Demand for the 2.5% of shares owned by foreign investors has risen with Russia’s pariah status
Plus, the US Gulf Coast emerges as a carbon capture and storage hotspot and oil refineries are emitting unsafe levels of benzene
Chevron and Woodside executives predict Moscow’s exclusion will benefit US and Australian producers
Rare metal’s price surges on supply concerns and proliferation of battery-powered cars
Commission plans for reducing carbon emissions accelerated by need to cut dependence on Russian fossil fuels
Economic gloom spreads to EU, shale companies enjoy cash bonanza, the FT’s new columnist
Capital restraint and Russia’s invasion of Ukraine has transformed fortunes of once-indebted operators
Chicago futures hit limit after New Delhi curbed shipments to combat surging food prices
Infrastructure ‘pinch points’ are making it more difficult for the EU to move away from Russian oil and gas
Ithaca Energy predicts spending $3bn on projects including contentious Cambo oilfield
Soaring energy prices boost oil exporter, which recently overtook Apple as world’s most valuable company
The country had been filling supply gap in international markets left by Russia’s invasion of Ukraine
Higher costs loom amid disruption to imports from a major regional supplier
Supply shortages and price rises push family-run businesses to reduce portions in effort to stay open
Never let a crisis go to waste
High import volumes and limited capacity to pipe gas on to Europe create surplus and drive down prices
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