Home insurance rates are going up again in Florida, as rate increases by reinsurers get passed on to homeowners. Reinsurers are reacting partly to five years of outsize losses from Continue Reading
The global energy transition will require a huge volume of metals, and the prices of these metals are soaring. Just as in the oil industry, the mining industry is suffering Continue Reading
Europe’s biggest Russian gas buyers raced to find alternative fuel supplies on Monday and could burn more coal to cope with reduced gas flows from Russia that threaten an energy Continue Reading
Ukraine has around 109 million cubic metres (mcm) a day of spare gas capacity through a transit route to Europe which could be used to offset lower flows through the Continue Reading
The Netherlands on Monday said it would activate the “early warning” phase of an energy crisis plan and lifted a cap on production by coal-fired power plants as it seeks Continue Reading
The Dutch government on Monday activated the first phase of a crisis energy plan, and said it would produce 2.8 billion cubic metres of gas from the Groningen gas field Continue Reading
Germany’s chemicals sector, which is heavily dependent on Russian gas, has only a very limited scope to replace the fuel with alternatives, it said a day after Europe’s top economy Continue Reading
Several major German industrial consumers are ready to participate in the government’s auction that will help to ensure the security of supply this winter, according to a minister. “Several” energy-intensive Continue Reading
The European Commission president has warned EU member states not to backtrack on their long-term drive to cut fossil fuel use, as Germany, Austria and the Netherlands said they would Continue Reading
The European Union today said it would form a “strategic partnership” with the Gulf Cooperation Council and its Member States “as part of enhancing engagement in the broader region,” the Continue Reading
