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Russian gas return to Ukraine to cost European traders $1 billion this year

Bloomberg European natural gas traders stand to lose about $1 billion in sales to Ukraine this year. Companies from Eni SpA to Uniper SE will see combined gas shipments to the east European nation fall by about that amount after a Stockholm court ordered Ukraine to resume some imports from Russia after a break of more than two years. European ...

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China set to dominate clean energy on investment surge

Bloomberg China is set to dominate global construction and financing of clean energy after record investment in overseas ventures and takeovers last year. The world’s biggest energy user spent $44 billion on large, international clean energy projects, and mergers and acquisitions in 2017, up almost 38 percent from a year earlier, Cleveland-based Institute for Energy Economics and Financial Analysis said ...

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Trump yanks Florida from offshore drilling plan after objections

Bloomberg The Trump administration is ruling out plans to sell new drilling rights off the coast of Florida, including eastern Gulf of Mexico waters coveted by oil companies, amid pressure from Republican Governor Rick Scott. The about-face came just five days after the Interior Department said it was considering selling oil and gas leases in more than 90 percent of ...

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