The vast nuclear plant in the eye of the war in Ukraine
– The Zaporizhzhia nuclear power plant in southern Ukraine has been shelled in recent days, opening up the possibility of a grave accident just 500 km (around 300 miles) from Continue Reading
U.S. sour crude cargo sails to Germany as Russia sanctions bite
A tanker of U.S. sour crude was delivered at Germany’s port of Rostock last week for the first time ever, according to sources, analysts, and vessel tracking data, as local Continue Reading
UK Electricity Theft Breaks Records As Energy Bills Soar
The average annual UK gas and electricity bill rose from £1,400 in October 2021 to £2,000. Analysts are predicting that average energy bills could climb even higher, with the lowest Continue Reading
IAEA Sees “Very Real Risk Of A Nuclear Disaster” In Ukraine
The head of the International Atomic Energy Agency, Rafael Mariano Grossi, has warned that there is a “very real risk of a nuclear disaster” due to the situation around the Continue Reading
German economy to lose $265 billion in added value due to war, high energy prices – study
Germany’s economy will lose more than 260 billion euros ($265 billion) in added value by 2030 due to the Ukraine war and high energy prices, spelling negative effects for the Continue Reading
Ukrainian resistance grows in Russian-occupied areas
In a growing challenge to Russia’s grip on occupied areas of southeastern Ukraine, guerrilla forces loyal to Kyiv are killing pro-Moscow officials, blowing up bridges and trains, and helping the Continue Reading
As Many as 80,000 Russian Troops Hurt or Killed in Ukraine, Pentagon Says
As many as 80,000 Russian troops have been wounded or killed in less than six months of fighting in Ukraine , the Pentagon said Monday, the first time the U.S. Continue Reading
Norway set to curb electricity exports in blow to European energy supplies
Norway is to curb electricity exports to Europe if water levels for its hydropower plants remain low in a blow to hopes that the Nordic country could help ease its Continue Reading
Oil stays near multi-month lows on demand worries
Oil prices inched up from multi-month lows on Monday as lingering worries about demand weakening on the back of a darkened economic outlook outweighed some positive economic data from China Continue Reading
Oil Endures Choppy Start to Week With Demand Concern to the Fore
Tanker trucks sit on a gravel median waiting to be dispatched to drill sites in the Permian Basin area of Loving County, Texas. Photographer: Angus Mordant/Bloomberg Bloomberg News Oil shook Continue Reading