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Vagit Alekperov says tightened sanctions would be worst outcome for Europe as well as Moscow
Brussels wants both independence of supply and decarbonisation, which means ambitious targets
Italian group’s commitment follows spending plans from BP, Shell and Harbour
Water levels in two largest reservoirs at record lows as study says southwestern drought worst in 1,200 years
Denmark, Germany, Belgium and the Netherlands to build artificial islands that will ease reliance on Russian energy
Former spy Matthias Warnig also quits board of oil giant after controversy in Germany
Refinery in Sicily forced to buy more oil from Russia in unintended consequence of sanctions
Nuclear power plant now expected to total £25bn-£26bn with further delays anticipated
Asset manager calls on oil major to seek creation of climate auditor for all companies
Prices are increasing at different rates, with the cost of living rising fastest in the Baltic states and eastern Europe
Country’s biggest energy group confirms planning has begun to enable refineries to process alternative crude
European Commission will assist in speeding up the process of licensing alternatives
Merger of Veolia and Suez could lead to ‘more costly and lower quality services’ as local authorities face less choice
Chief says gas glut has left pipelines running at capacity and that boosting flow would be unsafe
$6-a-gallon petrol is coming, JPMorgan says
World’s largest broker takes on role of finding insurance despite protest from staff
Reduction of state shareholding would be a significant milestone for Bolsonaro government
Prices climb 9% and soaring gas and electricity bills deepen cost of living crisis
Chancellor under mounting pressure to help households cope with rising utility bills
Brussels outlines plan to bolster energy infrastructure and insists it will still hit carbon reduction targets
German group weighs offer for all outstanding shares in beleaguered Spanish wind subsidiary
Delays in approving new sites, rising costs and cheap Chinese imports have hit the sector
Plus, one of the world’s most climate-vulnerable nations gets a ‘green’ leader with a controversial back-story
Mitchells & Butlers and Marston’s warn rising prices are a ‘major challenge’ for industry
US Treasury secretary raises mechanisms to stymie energy flows with bloc leaders ahead of G7
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