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Europe gas surges as Germany clashes with Russia over supply

  Bloomberg European natural gas prices jumped following disruptions to a key transit route through Ukraine, and as Germany said Russia was using energy as a weapon in an escalating clash over supply. The benchmark contract surged more than 22%, with shipments from Russia via Ukraine set to fall by about 30% following interruptions at a cross-border entry point as ...

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Shell plans 10-fold jump in EV chargers in Britain

Bloomberg Shell Plc targets a 10-fold jump in electric-vehicle charging points in the UK as part of plans to ramp up investments into cleaner energy. The company will install 100,000 chargers in the country by 2030, according to a statement. It’s the latest move by an oil and gas major to refocus its traditional business as investors, governments and consumers ...

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Chinese utilities race to restock coal ahead of demand rebound

  Bloomberg China’s industrialised southern provinces are racing to restock coal in case demand recovers later this month or supplies are disrupted by the heavy rains sweeping the region. The economic powerhouse of Guangdong has asked its utilities to add another 5% to inventories this month, according to local media, while neighbouring Guizhou has set aside more money for coal ...

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