Who Is Europe’s Top Gas Supplier?
A new BofA Global Research report sent to Rigzone recently has revealed the identity of Europe’s number one gas supplier. According to a BofA Global Research report sent to Rigzone Continue Reading
Euro zone factory activity contracted in July as recession fears grow
Manufacturing activity across the euro zone contracted last month with factories forced to stockpile unsold goods due to weak demand, a survey showed on Monday, adding to concerns the bloc Continue Reading
Eurozone Recovery Picks Up Speed but Ukraine War Threatens Deep Contractions
Western leaders are preparing for the possibility that Russian natural gas flows through the key Nord Stream pipeline may never return to full levels. WSJ’s Shelby Holliday explains what an Continue Reading
Europe’s Race to Secure New Energy Sources Is on a Knife’s Edge
As Russia tightens its chokehold on supplies of natural gas, Europe is looking everywhere for energy to keep its economy running. Coal-fired power plants are being revived. Billions are being Continue Reading
Inflation hits record 8.9% in 19 countries using the euro
Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices driven partly by Russia’s war in Ukraine , but Continue Reading
Russia cuts gas flows further as Europe issues savings plea
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for Continue Reading
Europe Looks To Fill Storage As It Braces For Permanent Halt Of Russian Gas
Reduced gas flows via the Nord Stream 1 pipeline have further complicated the plan to fill gas storage units across Europe. The goal of the European Union as a whole Continue Reading
Europe agrees emergency gas curbs, Kyiv says Russia supply curbs are ‘price terror’
European Union countries bracing for further cuts in Russian gas supply on Tuesday approved a weakened emergency plan to curb demand, after striking compromise deals to limit reductions for some Continue Reading
European gas prices soar after Russia deepens supply cuts
European gas prices have surged 30 percent in two days after Russia deepened supply cuts to the continent in Moscow’s latest attempt to weaponize energy supplies. Futures contracts for delivery Continue Reading
EU energy ministers adopt 15% gas savings regulation with exemptions
Highlights Political agreement to be specified in coming days Geographical, some sector derogation possible TTF prices rise with focus on demand destruction EU energy ministers have agreed to voluntary gas Continue Reading