Gasoline Prices Could Spike This Winter
Gasoline prices in the United States could spike this winter as an embargo on Russian oil imports comes into effect in the European Union, Treasury Secretary Janet Yellen has warned. Continue Reading
Carbon Capture Not Good Enough To Achieve Decarbonization
A new study reviewed 13 carbon capture projects – 55 percent of the total worldwide capacity – and found both the technology and regulatory framework wanting. A new study by Continue Reading
Germans switch to costly fan heaters as gas shortage fears bite
Germans could overload their power grid as they switch to inefficient electric heaters in an attempt to avoid gas shortages this winter, utilities warned in an article published on Sunday. Continue Reading
Last reactor at Ukraine’s Zaporizhzhia nuclear plant stopped
Europe’s largest nuclear plant has been reconnected to Ukraine’s electricity grid, allowing engineers to shut down its last operational reactor in an attempt to avoid a radiation disaster as fighting Continue Reading
Record U.S. LNG Exports To Europe May Not Last
U.S. LNG exports to Europe increased substantially since the beginning of the year. The EU’s gas storage refill bill amounts to 10 times its usual. LNG exports have already resulted Continue Reading
Energy Crisis Could Lead To Food Shortages In Europe
European farm and food groups said soaring energy prices could lead to shortages of fruit and vegetables, as high utility bills force more companies to curb production. “Refrigeration and cooling Continue Reading
Ukraine troops sweep ahead after Russian collapse in northeast
Ukrainian forces swept further across territory seized from fleeing Russian troops on Monday, as Moscow grappled with the consequences of the collapse of its occupation force in northeastern Ukraine. Ukraine’s Continue Reading
Europe props up energy firms amid liquidity crunch
More European energy companies have secured extra funds from governments and banks as soaring gas and power prices following Russia’s invasion of Ukraine have driven up margin call requirements and Continue Reading
European Manufacturers Reel From Russian Gas Shutoff
European industry thrived for decades on a steady supply of cheap Russian gas , which flowed uninterrupted throughout the Cold War and other times of tension between Moscow and the Continue Reading
Why Europe Won’t Exploit Its Huge Gas Reserves
Estimates show that Europe has more recoverable shale gas than the U.S. Despite its huge gas reserves, hydraulic fracturing has many opponents in Europe. Fracking in Europe has long been Continue Reading