Europe’s Energy Crisis Shows the Downside of Fossil Fuels
High Gas Prices Today Are a Problem for Europe: Enel CEO The global rise in energy prices shows, in a way, what a chaotic transition to greener power looks like. Continue Reading
Poland Wants to Detail EU Role in Surging Electricity Prices
Facing a steep and unpopular increase in power prices, the Polish government wants electricity invoices to specify the additional costs households face due to European Union climate policies. The bloc’s Continue Reading
Energy Prices in Europe Hit Records After Wind Stops Blowing
Natural gas and electricity markets were already surging in Europe when a fresh catalyst emerged: The wind in the stormy North Sea stopped blowing. The sudden slowdown in wind-driven electricity Continue Reading
European Gas Notches Fresh Records as Supply Woes Mount
Sept. 3: High gas prices are a problem for Europe, says Enel’s CEO. Natural gas prices in the U.K. and the Netherlands soared to record highs as concerns over tight Continue Reading
Nord Stream 2 In Limbo As Germany Prepares To Decide On Key License
Germany’s federal networks regulator BNA said on Monday it would decide no later than January 8, 2022 whether it will certify Nord Stream 2 and issue an operating license for Continue Reading
Oil rises to one-week high as U.S. supply concerns dominate
Oil rose on Monday, supported by concerns over shut output in the United States, the world’s biggest producer, following damage from Hurricane Ida, while analysts expected a stable market in Continue Reading
Oil Rises as U.S. Supply Limps Back After Historic Ida Battering
Oil climbed above $70 a barrel in New York after three weeks of gains as investors tracked the slow restoration of supplies in the Gulf of Mexico and the outlook Continue Reading
Crude oil rallies on tightening supply outlook, expected tropical storm in US
Crude oil futures were higher in midmorning Asia trade Sept. 13 on concerns about tight US supply in the aftermath of Hurricane Ida and as Tropical Storm Nicholas is expected Continue Reading
U.S. Oil Closures After Ida Are Bullish, Vitol’s Muller Says
The aftermath of Hurricane Ida has left about 1.1 million barrels of daily crude production shuttered in the Gulf of Mexico and it’s unclear when that output will return, a Continue Reading
The World’s Shippers Are Earning the Most Money Since 2008
Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here . The global shipping industry is getting its biggest payday since Continue Reading