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Category: EU

Category:
  • EU
  • Russia

Kyiv claims battlefield gains as Russian gas shutdown hits Europe markets

Ukraine made its boldest claim yet of success on the battlefield in its week-old counter-offensive against Russian forces in the south, while European markets went into free-fall on Monday after Continue Reading

Posted On : 6 Sep 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

Russia’s Nord Stream Pipeline Closure Lands Economic Blow Against Europe

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

Posted On : 6 Sep 2022 Published By : Tom Whipple
Category:
  • EU

European Stainless Steel Mills Are Closing Due To Energy Crisis

Stainless steel mills are closing across Europe due to the ongoing energy crisis. Around three million tons of Europe’s stainless steel capacity is at risk. This sort of “commodity” standoff Continue Reading

Posted On : 3 Sep 2022 Published By : Tom Whipple
Category:
  • EU

Analysis: Full gas storage no fix for Europe’s winter energy crunch

 The European Union is on track to beat targets for filling gas storage, but analysts warn the bigger factor for energy security this winter will be whether countries can slash Continue Reading

Posted On : 2 Sep 2022 Published By : Tom Whipple
Category:
  • EU
  • Russia

Russia deepens Europe’s energy squeeze with new gas halt

 Russia halted gas supplies via Europe’s key supply route on Wednesday, intensifying an economic battle between Moscow and Brussels and raising the prospects of recession and energy rationing in some Continue Reading

Posted On : 31 Aug 2022 Published By : Tom Whipple
Category:
  • EU

Euro zone inflation hits yet another record high in August

Euro zone inflation rose to another record high this month, beating expectations and solidifying the case for further big European Central Bank rate hikes even before pries peak near the Continue Reading

Posted On : 31 Aug 2022 Published By : Tom Whipple
Category:
  • EU

Banks Avoid Worst of Europe Energy Crisis as Governments Step In

Nat. Gas Sets Path of Price Increases When German utility Uniper SE on Monday requested another 4 billion euros in bailout loans, it didn’t mention some key beneficiaries of the Continue Reading

Posted On : 31 Aug 2022 Published By : Tom Whipple
Category:
  • Climate
  • EU
  • LNG

Europe plan for floating gas terminals raises climate fears

As winter nears, European nations, desperate to replace the natural gas they once bought from Russia, have embraced a short-term fix: A series of roughly 20 floating terminals that would Continue Reading

Posted On : 31 Aug 2022 Published By : Tom Whipple
Category:
  • EU

Europe Braces for Rationing Risks

Europe faces the risk of blackouts, rationing and a severe recession. Europe faces the risk of blackouts, rationing and a severe recession if Russia further slashes gas deliveries, and the Continue Reading

Posted On : 31 Aug 2022 Published By : Tom Whipple
Category:
  • EU

European Gas Slumps as Storage Gains, Traders Take Profit

European natural gas prices plunged the most since March after Germany said its gas stores are filling up faster than planned and some traders took profits after the rally of Continue Reading

Posted On : 29 Aug 2022 Published By : Tom Whipple

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