Bloomberg European natural gas futures rose, with traders focused on supplies from Russia and the continent’s imports of liquefied fuel. The European Union said that companies can keep importing Russian gas without breaching sanctions, easing concerns that shipments from the bloc’s biggest provider might be cut amid a payment dispute. But the market is grappling with the implications of ...

  Bloomberg Expensive offshore exploration setbacks for international oil majors including Shell Plc and Exxon Mobil Corp are throwing cold water on their plans to turn Brazil into a profit center. In the past three years, Shell has drilled three exploration wells without finding any commercial volumes, said Marcelo de Assis, the head of Latin American upstream research at consultant ...

  Bargain-basement airfares sell themselves to no-frills customers on the hunt for a good deal. Bargain takeover deals? Not so much. JetBlue Airways Corp announced it was going hostile in its effort to acquire Spirit Airlines Inc and thwart the ultra-low-cost carrier’s existing deal to be acquired by the parent company of Frontier Airlines. JetBlue is offering $30 a share ...