Exxon Mobil says the levy on excessive profits would not help lower bills for consumers US energy giant Exxon Mobil on Wednesday filed a lawsuit against the European Union, aiming to block the recently announced windfall tax on oil companies.
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Companies say they can no longer provide coverage to clients because reinsurers are exiting the region amid the conflict A group of companies known as P&I (protection and indemnity) clubs that offer insurance for the majority of the world’s ocean-going ships will stop providing war risk coverage in Russia, Ukraine and Belarus from January 1,…
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Natural gas prices in the EU fell this week to levels not seen since before the start of Russia’s military operation in Ukraine, data from the London Intercontinental Exchange (ICE) shows. The costs of front-month natural gas futures on the TTF hub in the Netherlands plunged in recent weeks to below €77 ($81.91) per megawatt…
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