British natural gas prices for delivery next winter rose 2 percent early on Thursday on fears that escalating tension between Russia and Europe could lead to disruptions of gas supply later in the year. ›

European power prices for next year are headed for the biggest monthly gains since September amid concern sanctions against Russia will boost the cost of coal and gas, raising production costs at utilities. ›

British natural gas prices for delivery in late summer and autumn are set to rise in coming weeks as large-scale North Sea maintenance makes it more difficult for utilities to stock up on reserves ahead of peak demand in winter. ›

Easington Rough, the UK’s largest gas storage facility could be full by the end of August if recent injection rates are maintained, an analysis of National Grid data showed Friday. ›

The world is almost certain to be struck by the “El Nino” phenomenon this year, with the potential to induce “major climactic impacts” around the world, the Met Office has warned. ›

British energy regulator Ofgem expects electricity capacity margins for the upcoming winter to be less tight than in earlier forecasts, according to its latest capacity assessment published on Monday. ›

The reopening of a link between Britain and Belgium may help slow declines in U.K. natural gas prices this week as maintenance starts on the only natural gas pipeline directly from Russia to Germany. ›

Escalating violence in the Middle East could impact global economic activity as oil prices continues to climb. ›

Europe’s drive toward a power system based on renewable energy has gone so far that output will probably need to be cut within months because of oversupply. ›

Kiev is feeling emboldened by the successful election of new Ukrainian president Petro Poroshenko and a bloody surge against separatists in the east but in just a few days, Russia says it will twist the gas spigot, and there’s very little Kiev can do to stop that. ›