While the new 20-year cooperation between Iran and Russia is yet to be finalized, significant progress appears to have been made on its drafting. If Russia agrees to sell Tehran Continue Reading
NATO said on Monday it was putting forces on standby and reinforcing eastern Europe with more ships and fighter jets, in what Russia denounced as Western “hysteria” in response to Continue Reading
Spanish industrial production prices rose at a record fast rate for the third straight month in December, pushed up by soaring energy costs, the National Statistics Institute (INE) said on Continue Reading
Natural gas prices in Europe declined as Russia’s shipments increased and weather forecasts pointed to milder temperatures in the region. Orders to send gas through Ukraine via Velke Kapusany, a Continue Reading
Russian troops are encircling Ukraine from three sides. In Washington and Brussels, there are warnings of crushing sanctions if Vladimir V. Putin orders an invasion. Embassy families — both American and Russian — are being evacuated from Kyiv. Continue Reading
The U.S. administration is in talks with energy companies and natural gas-producing nations to protect European markets from a shortage. Russia supplies over one-third of the continent’s natural gas and Continue Reading
Highlights 2022 plans at 27% above 2021 volumes Ukraine security situation raising supply concerns Volumes increasing despite European bids to diversify supply Russian pipeline operator Transneft provisionally plans to ship Continue Reading
European Union foreign ministers are aiming to put on a fresh display of resolve and unity in support of Ukraine on Monday, amid deep uncertainty about whether President Vladimir Putin Continue Reading
The State Department on Sunday ordered the families of all American personnel at the U.S. Embassy in Ukraine to leave the country amid heightened fears of a Russian invasion. The Continue Reading
President Biden is considering deploying several thousand U.S. troops, as well as warships and aircraft, to NATO allies in the Baltics and Eastern Europe, an expansion of American military involvement Continue Reading
The Biden administration is threatening to use a novel export control to damage strategic Russian industries, from artificial intelligence and quantum computing to civilian aerospace, if Moscow invades Ukraine, administration Continue Reading
“Europe is now closer to war than it has been since the break up of former Yugoslavia.” Stark words of warning from the senior EU diplomat I’ve just been speaking Continue Reading
There are growing doubts as to whether Russia can grow petroleum production to the volumes forecast by Moscow. The world’s third-largest oil producer’s output will continue growing, peaking at 12.2 Continue Reading
A nascent easing of supply bottlenecks helped drive manufacturing activity in Europe’s two largest economies in January, at least partially offsetting the drag from tighter restrictions linked to a surge Continue Reading
The US is holding discussions with Qatar and other large gas exporters to plan contingency measures in case a Russian invasion of Ukraine disrupts supplies to Europe. The talks with Continue Reading
Biden Warns Putin, Expects Russia to Move In on Ukraine The U.S. and Germany said any Russian aggression against Ukraine would trigger a serious response, pushing to offset remarks from Continue Reading
Highlights About half of Russian crude, products sold to Europe Ukraine pipeline transit seen as biggest risk Major supply disruptions seen as unlikely European oil markets and refiners are the Continue Reading
The top diplomats of Russia and the United States were to meet in Switzerland on Friday to discuss soaring tensions over Ukraine after a flurry of meetings between officials on Continue Reading
Highlights GBP1.7 billion in private funding from Tritax and abrdn Undisclosed govt funding said to be around GBP100 mil: source UK-based battery maker Britishvolt has received funding from the UK Continue Reading
“I’m not so sure he has, is certain, about what he’s going to do,” Biden says. “My guess is he will move in, he has to do something.” President Joe Continue Reading
LONDON, Jan 19 (Reuters) – British Prime Minister Boris Johnson announced the end of COVID-19 measures including mandatory face masks in England as he looks to live with the virus Continue Reading
German producer prices rose 24.2% year on the year in December, with the record annual jump driven by higher energy prices, official data showed on Thursday. The jump from the Continue Reading
When the coronavirus pandemic was first declared, Spaniards were ordered to stay home for more than three months. For weeks, they were not allowed outside even for exercise . Children Continue Reading
The Peakshaver liquid natural gas installation and storage site operated by NV Nederlandse Gasunie at the Port of Rotterdam. The Netherlands is throwing a hydrogen life preserver to pipelines that Continue Reading
A rendering of the liquid hydrogen powered FlyZero passenger jet concept A U.K.-backed research group unveiled a design for a liquid hydrogen-powered airliner theoretically capable of matching the performance of Continue Reading
Moscow, Russia, currently runs 1000 electric public electric buses on 66 bus routes, giving it the distinction of operating the largest e-bus fleet in Europe and America. This year the Continue Reading
Germany reported 112,323 new coronavirus cases on Wednesday, a fresh single-day record as the health minister said the peak had not been reached and compulsory vaccination should be introduced by Continue Reading
The surge in inflation adds pressure on the BOE to rein in price growth. Lizzy Burden reports. Britain’s inflation rate surged unexpectedly to the highest since 1992, sharpening a squeeze Continue Reading
Secretary of State Antony Blinken will meet Russian Foreign Minister Sergei Lavrov in Geneva on Friday in an effort to resolve the standoff over Ukraine, with U.S. officials warning that Continue Reading
The increasing ceiling on household power utility bills could throw millions into energy poverty A second update in October could further raise power bills for UK consumers Energy consultancy EnAppSys: Continue Reading
Germany said on Tuesday that it could nix the Nord Stream 2 pipeline should Russia invade Ukraine The move would be as much as Germany’s expense at it would be Continue Reading
The number of people with COVID-19 in French hospitals rose by 888 to 25,775, the health ministry said on Monday, the biggest one-day increase since early November 2020 – before Continue Reading
Saudi Arabia’s planned purchase of Polish refining assets is set to put OPEC’s top producer in charge of two-thirds of Poland’s oil supply, eroding previously dominant supplier Russia’s leverage as Continue Reading
When Christian Hurtz opened his electricity bill just before New Year, his jaw dropped: it had more than trebled from the rate he signed up for. The 41-year-old software developer Continue Reading
Russia may be able to deliver only about half of its scheduled increases in crude production over the next six months, joining the ranks of OPEC+ nations that are struggling Continue Reading
Highlights Average daily storage withdrawals over 1 TWh lower YoY Inventory 26 TWh lower than 2021 levels Tanks less than 47% full Warmer-than-average temperatures and strong pipeline gas imports from Continue Reading
Shell, ScottishPower secured joint offers for rights to develop large-scale floating wind farms as part of ScotWind leasing. Shell and ScottishPower have secured joint offers for seabed rights to develop Continue Reading
German Chancellor Angela Merkel and other European leaders turn a wheel with Russian President Dmitry Medvedev to symbolically start the flow of gas through the Nord Stream gas pipeline in Continue Reading
Northvolt Chief Executive Peter Carlsson wants to take on his old boss Elon Musk with the greenest electric vehicle batteries in the world. But he needs to start producing them Continue Reading
Norway’s exports surged to a record last year, helped by higher demand for fossil fuels, fish, and metals. Western Europe’s largest oil and gas exporter sold 1.38 trillion kroner ($156 Continue Reading
No one expected much progress from this past week’s diplomatic marathon to defuse the security crisis Russia has ignited in Eastern Europe by surrounding Ukraine on three sides with 100,000 Continue Reading
The U.S. government has held talks with several international energy companies on contingency plans for supplying natural gas to Europe if conflict between Russia and Ukraine disrupts Russian supplies, two Continue Reading
The failure of last week’s high-stakes diplomatic meetings to resolve escalating tensions over Ukraine has put Russia, the United States and its European allies in uncharted post-Cold War territory, posing Continue Reading
A massive cyberattack warning Ukrainians to “be afraid and expect the worst” hit government websites late on Thursday, leaving some websites inaccessible on Friday morning and prompting Kyiv to open Continue Reading
The Dutch wing of environmental group Friends of the Earth, which won a landmark court case against Royal Dutch Shell (RDSa.L) last year, demanded 30 corporations publish plans for big Continue Reading
The German economy grew 2.7 percent last year but remained well below pre-pandemic levels, after growth slowed sharply in the fourth quarter due to the impact of the coronavirus crisis Continue Reading
The United States and its European allies appeared no closer to resolving a crisis with Russia over a possible renewed war in Ukraine, as Western officials flatly rejected Moscow’s call Continue Reading
Norway’s petroleum revenues reached a record-high in 2021 Stable high production from Norway’s continental shelf is expected to continue over the next few years In the fourth quarter of 2021, Continue Reading
French teachers walked off the job on Thursday over what they say is the government’s failure to adopt a coherent policy for schools to manage the COVID-19 pandemic and protect Continue Reading
Europe’s natural gas woes are far from over in Jan. 2022. Prices are high. Underground reserves that are relied on in cold weather are low. Russia’s state-owned Gazprom isn’t selling Continue Reading
