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European natural gas prices drop

  Bloomberg European natural gas prices declined as ample inventories and tanker-borne fuel help offset lower supplies from Russia. Benchmark futures fell as much 5.6% after gaining as much as 6.3%. Russian flows via Ukraine slumped further while cold weather swept across the continent, boosting demand for the fuel used in heating and accelerating withdrawals from storage sites. The region ...

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Wind industry’s success has become its biggest threat

  Bloomberg The head of one of the world’s biggest developers of renewable energy, Denmark’s Orsted A/S, worries that the energy transition could see a slowdown as rising competition and interest rates squeeze returns and upend the case for investment. Orsted is the world’s largest developer of offshore wind farms, which it helped pioneer from a niche technology into one ...

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US poised for Dutch, Japanese help on China chip crackdown

Bloomberg The Netherlands and Japan, home to key suppliers of semiconductor manufacturing equipment, are close to joining a Biden administration-led effort to restrict exports of the technology to China and hobble its push into the chips industry. The Dutch and Japanese export controls may be agreed to and finalized as soon as the end of January, according to people familiar ...

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