UK’s Sunak Set to Unveil Cost of Living Support UK households’ disposable income has fallen by the most since 2008, according to grocer Asda Group Ltd. , underlining the extent Continue Reading
Russian Deputy PM Novak sees crude oil production fall by around 8% in 2022. Novak: The total oil output of the country this year could be between 480 and 500 Continue Reading
Spain passed a decree this week limiting the use of air conditioning in public buildings as part of a strategy to conserve energy and reduce Europe’s dependence on Russian gas. Continue Reading
Small tankers and ship-to-ship transfers are being used to keep the flow of Russian oil to China steady, Bloomberg reported this week, citing sources from the brokering industry. Typically, the Continue Reading
BERLIN, May 27 (Reuters) – An energy partnership between Germany and the United States includes expanding off-shore wind power generation and co-operation on using hydrogen in industrial production, German economy Continue Reading
The Haidach underground storage depot near Austria’s border with Germany. Credit: RAG AGSource: RAG AG Conflict between Russia and Germany risks leaving one of central Europe’s biggest natural gas depots Continue Reading
An oil-storage tank operated by Rosneft in Tuapse, Russia. The European Union has blocked its companies from doing most business with the Russian producer. A group of under-the-radar commodity traders Continue Reading
Europe is developing contingency plans in case of a complete halt to Russian gas imports, the EU’s energy commissioner said, as she warned that any country was at risk of Continue Reading
Highlights Climate important part of new energy partnership focused on LNG Long-term LNG contracts unlikely longer than 15 years: Habeck Working groups on hydrogen, offshore wind, zero emissions vehicles Germany Continue Reading
The industry has called for an Energy Summit involving Downing Street, the Chancellor and leaders from the UK’s offshore energy operators and supply chains. The new taxes imposed on the Continue Reading
