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Month: September 2021

Category:
  • United Kingdom

UK energy firms seek state support to weather gas crisis

UK mulls support for energy companies as gas prices rises Customers from failed companies a major issue Business minister tells companies: prioritise customers Business minister held emergency talks with suppliers Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • Germany

German Producer Prices Rise at Fastest Pace in More Than 45 Years

The index of producer prices for industrial products in Germany rose 12.0% in August compared with the prior year, the German statistics office Destatis said Monday. This was the highest Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • United Kingdom

Gas crisis: No chance lights will go out, says government

Kwasi Kwarteng: Talk of the lights going out is “alarmist, unhelpful and completely misguided” There is “no question of the lights going out” this winter as a result of huge Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • Europe

European governments weigh billions in aid to weather soaring gas prices

Surging gas and electricity costs are forcing European governments to discuss billions of euros in aid for households and stricken suppliers, as concern mounts over a deepening winter energy crisis. Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Is Gazprom About To Lose Its Natural Gas Export Monopoly?

The long-awaited Nord Stream 2 (NS2) pipeline is arguably the world’s most contentious energy project. While its completion was uncertain for a long time, favorable political, economic, and environmental developments Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • Nord Stream
  • Russia

Nord Stream 2 Could Still End Up In “Investment Ruin”

Nord Stream 2, the controversial pipeline, may yet flop, according to the co-leader of the European Greens, Reinhard Butikofer. In an interview with German dpa, the co-chair of the Green Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • Natural Gas Supply

European Gas Prices Soar 10% As Russia Refuses To Open The Taps

As the cat-and-mouse game continues over Russian gas to Europe, Russian Gazprom has refused to allow more gas into Europe via Ukraine for October, sending prices soaring another 10 percent Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • BP

BP’s Renewable Projects Continue To Post Losses

BP is still losing money from its renewable energy ventures, while it is selling stakes in oil and gas developments. The UK-based supermajor’s current pace of moving into clean energy Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • United Kingdom

Britain may give state loans to energy companies as gas prices surge

 Britain is considering offering state loans to energy companies that take on customers from firms which go bust due to soaring wholesale natural gas prices, Business Secretary Kwasi Kwarteng said Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple
Category:
  • United Kingdom

Britain’s energy woes catch vulnerable sector in perfect storm

Peter McGirr wanted to modernize the British consumer energy market when he founded Green three years ago, building a customer base of more than 250,000 households. Now, with the sector Continue Reading

Posted On : 21 Sep 2021 Published By : Tom Whipple

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