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Month: August 2022

Category:
  • Europe

Retailers turn off lights, cut opening hours to save energy

As energy bills mount and the threat of rationing increases, some European retailers are turning off lights and considering shorter opening hours this winter. Energy bosses and government officials have Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Sweden

Sweden tops France as Europe’s largest net power exporter

Sweden overtook France as Europe’s largest net power exporter in the first half of 2022, as deep-rooted problems reduced French nuclear availability to historic lows, Energy analysts EnAppSys said on Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Shipping
  • USA

Oil Tanker Freight Rates From US to Europe Soar to Two-Year High

Shipping costs for mid-size oil tankers from the US Gulf to Europe are near the highest levels since early in the pandemic, due to changes in trade flows amid Russia’s Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Ukraine

Ukraine says 9 Russian warplanes destroyed in Crimea blasts

 Ukraine’s air force said Wednesday that nine Russian warplanes were destroyed in a deadly string of explosions at an air base in Crimea, amid speculation the blasts were the result Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Natural Gas Exports
  • Russia

Standard Chartered: Putin’s Gas Weapon Is Weakening As Inventories Build

Standard Chartered: “The power of Russia’s gas ‘weapon’ has deteriorated significantly,”. Europe started the 2021/2022 winter heating season with gas in storage below seasonal norms. Even if Russia cuts off Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Nuclear
  • Ukraine

Russia Is Playing A Dangerous Game With Europe’s Largest Nuclear Plant

Russian occupiers of Europe’s largest nuclear plant are preparing to redict electricity production using aging technology. The move has been criticized by UN officials, with the IAEA issuing grave warnings Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Europe
  • LNG

Europe’s dash for new LNG import infrastructure picks up pace

 Germany decides on locations for five FSRUs Netherlands expects first FSRUs to start in 2022 Europe to face Asian competition for cargoes The scramble by countries across Europe to install Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Climate
  • Europe

Climate risks dwarf Europe’s energy crisis, space chief warns

The head of the European Space Agency (ESA) has warned economic damage from heatwaves and drought could dwarf Europe’s energy crisis as he called for urgent action to tackle climate Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Europe

Switch from gas boosts oil demand, but economic headwinds loom – IEA

Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, increasing demand but masking weakness in Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple
Category:
  • Climate

Rhine River Level to Drop Further as IEA Sees Prolonged Crisis

The Rhine River is set to drop well below a critical depth over the weekend, signaling further turmoil for shipments of energy supplies on one of Europe’s most vital waterways. Continue Reading

Posted On : 11 Aug 2022 Published By : Tom Whipple

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