Bloomberg BHP Group Ltd., the world’s biggest miner, reported record iron ore production for its fiscal first half, predicting China would drive commodity demand in 2023 as the country opens up. The Melbourne-based miner produced 132 million tons of the steelmaking material in the six months to December 31, 2022. The record was achieved through a strong supply-chain performance, ...

  Bloomberg Companies hoping to build wind farms off the coast of the UK have started to pay the more than $1 billion in annual fees for access to sections of empty sea, starting a race to build the projects as quickly as possible and generate clean electricity. The Crown Estate, which manages the seabed around England and Wales, signed ...

  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 ...