Bloomberg European natural gas surged to a record as supply fears were compounded by traders trying to avoid exposure to a key Russian player in the market. Benchmark futures rose as much as 60%, before easing. Gas and power traders are backing away from new deals with Gazprom Marketing & Trading Ltd, according to people familiar with the matter. ...

  Bloomberg Private investment into US clean-energy assets reached a record $105 billion last year as the country added an unprecedented amount of renewable-power capacity. The investment influx is 11% higher than 2020 and represents a 70% surge during the past five years, according to an annual report by BloombergNEF and the Business Council for Sustainable Energy. The private backing ...

If the “no limits” partnership announced between China and Russia on the eve of the Winter Olympics amounted to a blueprint for a new world order, it’s already looking a little frayed around the edges. Russia’s invasion of Ukraine has left Beijing struggling to straddle a line between its cardinal foreign-policy principle of respect for sovereignty and territorial integrity, and ...