Bloomberg The UK will detail plans to broaden its energy sources as the war in Ukraine, sanctions on Russia and a cost-of-living crisis forces countries across Europe to urgently revamp how they generate electricity and heat homes. The main focus will be on nuclear and wind power, two industries that haven’t been short of controversy. Government minister Grant Shapps ...

  Bloomberg Shell Plc may have difficulty paying for Russian gas supplies this month because the Kremlin wants payments transfered through UK-sanctioned Gazprombank JSC, according to two people familiar with discussions in Russia. Gazprom PJSC, the single largest provider of natural gas to the European continent, now only accepts ruble payments for supplies of the fuel to so-called ‘unfriendly’ states, ...

  Bloomberg Japan’s energy importers are warning that the tumbling yen is exacerbating a surge in fuel costs, and may weigh on their bottom line and boost prices for consumers. While oil prices have slipped from the highs seen earlier from Russia’s war in Ukraine, the sharp weakening in the yen is likely to keep upward pressure on imported fuel ...