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Agreement to buy as much as 5m tonnes a year will more than double Chinese imports of the fuel from America
November contracts for delivery jump 18% after capacity auction showed no increase from Russia
Algiers threatens to cut off supplies this month in response to moves by newly assertive Rabat
Plus, IEA chief weighs in on the impact of the energy crisis on the green transition and why American energy bills are set to rise
Rising wages and equipment delays help lift Texas crude above $80 a barrel
Energy agency says homes using natural gas will pay 30% more this winter
President says country will aim for carbon neutrality by 2060
Commodity trader moves to reduce gas exposure in face of unprecedented price surge
Harland & Wolff’s project could increase UK’s capacity by a third
Trend of pairing fossil fuel cargoes with offsets draws ‘greenwashing’ claims from environment groups
Kwarteng submits formal proposal to Treasury on loans and other support after Johnson calls end to dispute
The European bloc depends on its eastern neighbour for 41% of its imported natural gas
Number of backers for the move grows to 34 but major polluters including China, India and Brazil remain absent
Supply shortfalls and an over-reliance on volatile imports are contributing to record prices
Supply crisis would be resolved more quickly if bloc stopped treating Russia as ‘adversary’, says ambassador
Drop in wind speeds linked to ‘global stilling’ and climate change, scientists say
TPG and KKR’s 2007 leveraged deal for a Texas utility was effectively a bet on high natural gas prices
Energy agency calls on Moscow to step up as a ‘reliable supplier’
Hurricane Ida takes toll but energy group expects cash flow boost from gas and power trading
This is no bottleneck
UK gas contracts for November delivery soar almost 40% before falling back after Putin’s comments
Energy secretary Jennifer Granholm says ‘all tools are on the table’
The rosy market calculus of strong growth underpinned by cheap finance into perpetuity is under threat
Leaders say economic recovery is at risk without measures to stem rising prices
Natural gas crisis highlights the limits of free markets in decarbonisation
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