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Author: Tom Whipple

Category:
  • EU

Europe Is Ready for a Winter Without Russian Gas, BNEF Says

Europe Has to Pray for a Warm Winter: Blanch Europe’s frenzied buying of liquefied natural gas means it’s likely to have enough of the power-generation fuel this winter to offset Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • IMF

IMF says UK fiscal measures will ‘likely increase inequality,’ urges rethink

WASHINGTON, Sept 27 (Reuters) – The International Monetary Fund on Tuesday took aim at new British financial plans that have roiled markets, warning that “large and untargeted fiscal packages” would Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • Nord Stream

EU sees sabotage of Nord Stream, warns against attacks on ‘active infrastructure’

 European Commission chief Ursula von der Leyen on Tuesday said the leaks of the Nord Stream pipelines were caused by sabotage, and warned of the “strongest possible response” should active Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • Russia
  • Shipping

Oil Price Cap On Russian Crude Could Cause Tanker Shortage

Vitol: The re-routing of Russian crude from West to East would put a strain on the shipping sector. Vitol: Traders will face challenges in finding Aframaxes to load oil from Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • France

Half Of France’s Refinery Capacity Goes Offline As Worker Strike

Strikes at several refineries across France have left half of its refineries offline or without sending out fuels, as refinery workers stepped up industrial actions over pay disputes this week Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • United Kingdom

UK Regulator Demands Energy Firms Improve Support For Vulnerable Customers

According to Ofgem, three UK energy firms have severe weaknesses in how they support customers in payment difficulties. The regulator has demanded Scottish Power, Tru Energy and Utilita improve their Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • Aviation
  • Russia

Exclusive: Russia aiming to fly solo without Airbus and Boeing

Foreign aircraft will drop out of fleet – Rostec Airbus, Boeing planes will never be delivered – Rostec Russian-made engines, parts to be used – Rostec No expectation sanctions will Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • Oil Supply
  • Russia

Oil output seen halved at Sakhalin-1 in 2022 -RIA cites regional governor

A vessel leaves the Orlan oil plattform at Sakhalin-1’s off-shore rig at the Chaivo field, some 11 km (7 miles) off the east cost of Sakhalin island October 10, 2006. Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • United Kingdom

Truss Takes a Bold Economic Gamble. Will It Sink Her Government?

 Prime Minister Liz Truss of Britain campaigned as a tax cutter and champion of supply-side economics, and she won the race to replace her scandal-scarred predecessor, Boris Johnson. Now she Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple
Category:
  • Norway
  • Poland

Baltic Natural Gas Pipeline Opens, Reducing Europe’s Dependence On Russia

The Baltic Pipe natural gas pipeline from Norway to Poland via Denmark and the Baltic Sea was inaugurated on Tuesday by the leaders of the three countries, who hailed the Continue Reading

Posted On : 28 Sep 2022 Published By : Tom Whipple

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