Bloomberg Trafigura group earned a record $7 billion in its last financial year, more than the previous four years combined, as the commodities trader cashed in on wild price swings and arbitrage opportunities driven by Russia’s invasion of Ukraine. Earnings more than doubled in the 12 months through September, Trafigura said, while revenue surged to $318.5 billion. The oil ...

  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 ...