6 Ways The Inflation Reduction Act Will Help The Energy Industry
The Inflation Reduction Act has made it through Congress and is now heading to President Biden for one final signature. The bill is being hailed as a game changer for Continue Reading
U.S. Natural Gas Storage Sees Minimal Injection as Exports Rise
Falling far short of market expectations, the United States added only 18 billion cubic feet into its natural gas inventories for the week ending August 12, the Energy Information Administration Continue Reading
US gas storage levels increase by lower-than-expected 18 Bcf on week: EIA
US natural gas working stocks rose by just 18 Bcf during the week ended Aug. 12, well below market expectations, but the build was insufficient to keep the momentum going Continue Reading
U.S. oil refiners aim to run full-bore, spurning recession fears
U.S. crude oil refineries plan to keep running near full throttle this quarter, according to executives and estimates, as refiners set aside worries about recession and sliding retail prices to Continue Reading
Energy squeeze could see Berlin’s gaslights flicker out
The night has a different colour in parts of Berlin where the streets are lit by gas: the light more ethereal and the shadows deeper. But these areas could be Continue Reading
U.N. chief, in Ukraine, says he is worried by situation at front line nuclear plant
U.N. chief met Zelenskiy, Turkey’s Erdogan in Lviv Erdogan says they discussed ways to end conflict Zelenskiy says he agreed parameters of IAEA mission Moscow rejects calls for demilitarised zone Continue Reading
Britain signs up old coal units as back-up in case of winter power crunch
Britain is turning to old coal-fired power units as a “last resort” in case other sources cannot provide enough electricity through the winter as the country faces a wider energy Continue Reading
Seven out of 10 Germans using less energy due to soaring prices -survey
Seven out of 10 Germans are using less energy due to decades-high inflation in Europe’s largest economy while half are spending less on leisure activities, according to a new survey. Continue Reading
European Gas Rallies to Record as Energy Crisis Pounds Region
European natural gas futures extended their gains to a record-high settlement as an energy-supply crunch continued to batter the region, amid signs that the is fuel becoming too costly for Continue Reading
Rare, powerful thunderstorms bring severe winds to Europe, killing multiple
A massive storm complex has traveled a nearly 1,000-mile path across Europe, reportedly killing numerous people and causing devastation on the French island of Corsica and to landmarks in Venice, Continue Reading