(Bloomberg) — Shell Plc has given the vast majority of its employees a bonus equivalent to 8% of their annual salary as earnings surge to historic highs. Read More
(Bloomberg) — Natural gas prices in Europe steadied after two days of gains as Russian supplies remain stable, albeit low, and traders seek more clarity on Moscow’s next move. Read More
(Bloomberg) — Singapore can stabilize wild swings in power prices without needing to impose state control over the energy market, according to a government minister. Read More
(Bloomberg) — Japanese trading giants Mitsui & Co. and Mitsubishi Corp. wrote off a combined 218 billion yen ($1.7 billion) linked to their investments in a Russian liquefied natural gas project. Read More
(Bloomberg) — Indonesia’s central bank may still be able to keep its policy rate unchanged this month as surging inflation remains largely driven by food and energy prices. Read More
(Bloomberg) — The next milestone in Europe’s efforts to create a global benchmark for ESG investing has been shelved indefinitely as officials balk at devoting resources to a process that’s already marred by deep political division, according to people familiar with the matter. Read More
(Bloomberg) — When sanctions made the Fortress Russia he helped build seem less impregnable, Maxim Oreshkin came up with a signature gambit to try and break the economic siege. Read More