EU Court Says Russia Should Limit Gas Supply To Europe
The Court of Justice of the European Union upheld on Thursday a lower tribunal’s ruling which had said that Russia’s access to the OPAL gas pipeline should be limited. The Continue Reading
Biden, Merkel fail to resolve differences about Nord Stream 2 gas pipeline
President Joe Biden and German Chancellor Angela Merkel failed on Thursday to settle their dispute over Russia’s Nord Stream 2 natural gas pipeline but said they agreed that Moscow must Continue Reading
Europe floods: search for missing goes on as toll tops 90
The death toll from devastating floods across parts of western Germany and Belgium rose above 90 on Friday, as the search continued for hundreds of people still unaccounted for and Continue Reading
Hundreds Missing and Scores Dead as Raging Floods Strike Western Europe
Following a day of frantic rescue efforts and orders to evacuate towns rapidly filling with water unloosed by violent storms, the German authorities said late Thursday that after confirming scores Continue Reading
Why Russia Is Refusing To Send Europe More Natural Gas
Rising commodity prices have strengthened the economic outlook of resource-rich countries. Russia is taking advantage of this in a major way, with a particular focus on crude oil and natural Continue Reading
ScottishPower, Shell bid to build large floating wind farms in Scottish waters
Multiple bids submitted to ScotWind Leasing Crown Estate to award capacity early 2022 Carbon Trust details ‘significant challenges’ ScottishPower and Shell have jointly bid to develop the world’s first large-scale Continue Reading
Crude oil futures dip as tight supply concerns ease
Crude oil futures were lower during mid-morning trade in Asia July 15 after the impasse between Saudi Arabia and the UAE on OPEC+’s oil production quotas for August showed signs Continue Reading
Oil falls 1% as market eyes increased supplies
Oil prices fell more than 1% on Thursday, extending losses as investors braced for more supplies following a compromise between top OPEC producers and as U.S. fuel stocks rose, raising Continue Reading
Oil prices fall as China crude import data weighs
Oil prices declined on Wednesday after data showed a drop in China’s half-year crude imports while expectations for a further tightening of U.S. inventories offered support. Brent crude was down Continue Reading
Electricity demand rebound will require more fossil fuel generation -IEA
Global electricity demand is growing faster than renewable energy capacity can be rolled out and will require more power to be generated from the burning of fossil fuels, the International Continue Reading