Bloomberg French electricity prices climbed after the region’s biggest producer cut its nuclear output target for a third time this year, the latest sign that the region’s power crisis is worsening. Less output from Electricite de France SA’s fleet, the backbone of Europe’s integrated power system, is sending prices higher just as soaring inflation is pushing up costs for everything …

  Bloomberg China kept buying more energy from Russia, with purchases of oil, gas and coal jumping 75% in April to over $6 billion, even as domestic demand slowed due to a resurgent virus and the US and Europe moved away from purchases. Imports of Russian liquefied natural gas surged 80% from a year earlier to 463,000 tons, according to …

  Bloomberg The former chief of BP Plc warned that investors are pushing environmental, social and governance concerns aside as fears about energy security and mounting costs take precedence. John Browne, who ran BP between 1995 and 2007, was speaking 25 years after becoming the first boss of an oil major to acknowledge the link between manmade carbon emissions and …