G-7 pledges to move forward with Russia oil price cap system

By Geir Moulson And David Mchugh in Berlin BERLIN (AP) — Finance ministers from the Group of Seven industrial powers on Friday pledged to impose a cap on the price of Russian oil in a bid to limit the Kremlin’s revenues and ability to fund its war in Ukraine,...

Russia’s Gazprom keeps gas pipeline to Germany switched off

By Geir Moulson And Joanna Kozlowska in Berlin BERLIN (AP) — Europe’s energy crisis loomed larger Friday after Russian energy giant Gazprom said it couldn’t resume the supply of natural gas through a major pipeline to Germany for now. The company cited what it...

Biden picks White House veteran to run revived climate drive

  By Ellen Knickmeyer in Washington WASHINGTON (AP) — President Joe Biden on Friday brought back John Podesta, a behind-the-scenes veteran at getting things done on climate in past Democratic administrations, to put into place an ambitious U.S. climate program...

North Dakota high court backs state in oil company dispute

BISMARCK, N.D. (AP) — North Dakota’s Supreme Court has reversed a lower court decision that sided with a Houston-based energy company over disputed oil and natural gas royalties, a decision that could eventually bring millions of dollars to the state’s public schools...

Europe plan for floating gas terminals raises climate fears

NEW YORK (AP) — As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would receive liquefied natural gas from other countries and convert it...