Bloomberg German utility EnBW Energie Baden-Wuerttemberg AG agreed to import liquefied natural gas (LNG) and green ammonia for 25 years as the country substitutes lower Russian supplies. The company signed a long-term capacity booking for 3 billion cubic meters of LNG per year at a terminal in the northern town of Stade, EnBW’s trading executive director Peter Heydecker said ...

  Bloomberg European natural gas prices jumped for a third session as a blast of unusually cold weather across the northern half of the continent tests its resilience to a historic energy crisis. Benchmark futures surged 6.5% after settling at the highest level since mid-October. From London to Latvia, temperatures are set to drop below freezing in the coming days ...

Bloomberg The world’s biggest oil producers are spending billions of dollars on fossil fuel projects that will only be needed if the world misses key climate goals, according to Carbon Tracker, a non-profit think tank. Companies invested $58 billion in oil and gas projects in 2021 and 2022 that will only be required if fossil fuel demand grows to a ...