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Energy crisis

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  • Tuesday, 24 May, 2022
    Explainer
    What are Rishi Sunak’s options for tackling the UK energy price crisis?

    Chancellor puts finishing touches to mini-Budget worth billions to help struggling households

  • Friday, 20 May, 2022
    EU energy
    Italy imports more Russian oil to feed refineries

    Refinery in Sicily forced to buy more oil from Russia in unintended consequence of sanctions

  • Thursday, 19 May, 2022
    ExplainerGlobal inflation
    Reliance on Russian energy helps drive Europe’s uneven inflation surge

    Prices are increasing at different rates, with the cost of living rising fastest in the Baltic states and eastern Europe

  • Wednesday, 18 May, 2022
    Cost of living crisis
    Sunak warns of ‘tough’ few months as UK inflation hits 40-year high

    Prices climb 9% and soaring gas and electricity bills deepen cost of living crisis

  • Wednesday, 18 May, 2022
    EU energy
    EU accepts it will burn more coal in move away from Russian gas

    Brussels outlines plan to bolster energy infrastructure and insists it will still hit carbon reduction targets

  • Wednesday, 18 May, 2022
    Food & Beverage
    UK pubs forced to cut discounts and limit menus as costs soar

    Mitchells & Butlers and Marston’s warn rising prices are a ‘major challenge’ for industry

  • Monday, 16 May, 2022
    Office of Gas & Electricity Markets UK
    Ofgem proposes more frequent changes to UK energy price cap

    Move to quarterly review would mean 23mn households face possible bill increases twice this winter

  • Monday, 16 May, 2022
    InterviewNuclear energy
    Ukraine war is ‘best opportunity’ for nuclear comeback since Fukushima, industry says

    Domestically generated power is geopolitically safer than gas imports, according to Japan’s largest reactor maker

  • Friday, 13 May, 2022
    LNG glut raises prospect of lower UK energy bills

    High import volumes and limited capacity to pipe gas on to Europe create surplus and drive down prices

  • Friday, 13 May, 2022
    Serious MoneyClaer Barrett
    Business leaders understand cost of living crisis better than politicians

    Queen’s Speech should have contained measures to tackle worsening living standards

  • Thursday, 12 May, 2022
    European gas prices soar after Moscow imposes sanctions on EU energy companies

    Move reinforces Russian president Vladimir Putin’s willingness to use energy as a weapon against the EU

  • Thursday, 12 May, 2022
    FT live news
    Live news updates from May 12: Jay Powell warns that taming inflation will cause ‘some pain’, Pressure mounts on $80bn stablecoin Tether
  • Wednesday, 11 May, 2022
    Energy sector
    Italy’s PM Draghi floats creation of oil consumer ‘cartel’ after Biden talks

    Remarks follow meeting with US president on energy markets triggered by Russia’s invasion of Ukraine

  • Wednesday, 11 May, 2022
    Russian occupying forces have siphoned EU-bound gas via Ukraine, Kyiv says

    Ukrainian operator asks Gazprom to reroute supplies to avoid Russian-held areas

  • Monday, 9 May, 2022
    LexEU energy
    Ukraine war: EU oil ban will hit home Premium content

    Crude demand will not hold steady when world economies begin creaking with fatigue, even with some oil inventory rebuilding

  • Thursday, 5 May, 2022
    UK business & economy
    UK businesses hit hard by rising energy and material prices, official data show

    Half of companies report increases in input costs in March, with proportion rising to 77% in accommodation sector

  • Wednesday, 4 May, 2022
    LexVanessa Houlder
    The Lex Newsletter: windfall energy profits are widespread but hard to tax Premium content

    Levy could have chilling effect on investment and would risk impeding transition to renewables

  • Monday, 2 May, 2022
    EU energy
    Germany warns EU to expect economic cost from Russian oil embargo

    Brussels considers next sanctions as Berlin economy minister cautions consumers will feel strain

  • Monday, 2 May, 2022
    Europe Express
    Why for some EU capitals, Russian oil is thicker than blood Premium content

    Options on how to curtail Putin’s oil revenues likely to be finalised tomorrow

  • Friday, 29 April, 2022
    Europe Express
    Potential candidates emerge for leadership of eurozone bailout fund Premium content

    Italy, Luxembourg and the Netherlands consider candidates to replace Klaus Regling

  • Sunday, 24 April, 2022
    Sri Lanka
    Sri Lankan businesses struggle to remain open as fuel prices surge

    Economic crisis sparks electricity outages and leaves people unable to afford to drive to work

  • Wednesday, 20 April, 2022
    Europe Express
    Le Pen seeks to turn the tide in Macron rematch Premium content

    Tonight’s debate between French presidential candidates takes place ahead of final election round

  • Tuesday, 19 April, 2022
    Cost of living crisis
    Energy chiefs warn of ‘truly horrific’ autumn for British households

    Call for more government help over concerns up to 40% of Britons will face fuel poverty from October

  • Sunday, 17 April, 2022
    EU energy
    Shielding EU energy users from high prices may backfire, warn economists

    Subsidies and tax cuts worth €80bn in 4 countries seen as ‘terrible economics’ that will not reduce consumption

  • Thursday, 14 April, 2022
    Utilities
    Ofgem warns UK energy suppliers over unjustified increases in direct debits

    Regulator says it will take action against ‘bad practices’ that could lead to ‘substantial fines’

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