Oil prices have remained rangebound this month, but falling inventories and a slowdown in U.S. inflation could provide the spark for a breakout. Friday, May 17th 2024Crude prices continue to trend within a very narrow range, confined within $82 and $84 per barrel over the course of May, and despite

Russia and China expect to finalize soon the preliminary work on the natural gas link Power of Siberia 2 and sign an agreement on the pipeline’s construction, Russian Deputy Prime Minister Alexander Novak said in China this week. “We plan to finalize the review of the project and sign soon the deal

EV Box, the electric vehicle charging business of French utility giant Engie, booked another loss for the first quarter of this year, following a loss for full-year 2023, and is expected to record a loss in 2025, too, executives said on Friday.   Engie reported on Friday lower group pre-tax

EV Box, the electric vehicle charging business of French utility giant Engie, booked another loss for the first quarter of this year, following a loss for full-year 2023, and is expected to record a loss in 2025, too, executives said on Friday.   Engie reported on Friday lower group pre-tax

Norway’s $1.66-trillion sovereign wealth fund, the world’s biggest, is encouraging UK-based supermajor Shell to shed more light on its eased climate targets. The fund, which is commonly referred to as ‘Norway’s oil fund’ because it was created with oil and gas revenues, is a shareholder in many