U.N. chief met Zelenskiy, Turkey’s Erdogan in Lviv Erdogan says they discussed ways to end conflict Zelenskiy says he agreed parameters of IAEA mission Moscow rejects calls for demilitarised zone Continue Reading
Britain is turning to old coal-fired power units as a “last resort” in case other sources cannot provide enough electricity through the winter as the country faces a wider energy Continue Reading
Seven out of 10 Germans are using less energy due to decades-high inflation in Europe’s largest economy while half are spending less on leisure activities, according to a new survey. Continue Reading
European natural gas futures extended their gains to a record-high settlement as an energy-supply crunch continued to batter the region, amid signs that the is fuel becoming too costly for Continue Reading
A massive storm complex has traveled a nearly 1,000-mile path across Europe, reportedly killing numerous people and causing devastation on the French island of Corsica and to landmarks in Venice, Continue Reading
Russia needs strategic oil storage facilities to help its oil industry and oil trade with the Western sanctions, Russian experts and industry officials say. “As of today, it is necessary, Continue Reading
London’s transport network ground to a halt on Friday as train and bus workers held strikes over pay and conditions, the latest in a summer of labour market disputes as Continue Reading
Britain faces a “humanitarian crisis” this winter when the difficult choices forced upon low-income households by soaring energy bills could cause serious physical and mental illness, a healthcare lobby group Continue Reading
German power prices climbed to a fresh record, putting more pressure on industrial production and consumers struggling with a cost-of-living crisis. Rallying gas and coal prices and little sign of Continue Reading
The water level at a key German chokepoint on the Rhine River is forecast to surge early next week, making it significantly easier for barges carrying vital cargoes to traverse Continue Reading
BASF’s hub in Ludwigshafen, Germany, could be run at 50% under contingency plans for possible gas rationing. This column is part of the sixth annual Heard on the Street stock-picking Continue Reading
The Iberian Peninsula holds around 30% of total Europe’s LNG processing capacity and yet it is not well connected to the rest of Europe. A plan to build a pipeline Continue Reading
Higher oil export volumes, coupled with rising gas prices, will boost Russia’s earnings from energy exports to $337.5 billion this year, a 38% rise on 2021, according to an economy Continue Reading
Since the beginning of the Ukraine war, the rest has been racing to reduce reliance on Russian energy. Last week, the EU proposed a 15% cut in gas usage across Continue Reading
The Netherlands could decide this month whether it will fill its largest gas storage facility past 80%, Dutch officials told Reuters on Tuesday. The news comes as Europe moves to Continue Reading
Below are a number of Crude oil plus Condensate (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated Continue Reading
European spot power prices fell on Thursday as German solar supply is seen rising, while French nuclear availability increased. German baseload power for delivery on Friday was down 6.2% to Continue Reading
Germany will lower the sales tax on gas to 7% in an effort to cushion the blow of additional charges being placed on consumers to ensure energy companies can afford Continue Reading
Water levels on the Rhine are set to rise over the weekend, potentially providing respite to a crisis that has snarled the shipment of energy products and other goods along Continue Reading
Asia-to-Europe flows set for five-month high, Vortexa predicts Trade driven by energy-security concerns, slowdown in China A fleet of ships carrying diesel, one of the world’s most important fuels, is Continue Reading
A combination of record-breaking natural gas prices, rising coal prices, and droughts across Europe are putting the EU electricity market under massive pressure. French utility EDF has had to significantly Continue Reading
Five more ships have left Ukrainian ports carrying corn and wheat, three from Chornomorsk and two from Pivdennyi, under a U.N.-brokered grain export deal, Turkey’s defence ministry said on Tuesday. Continue Reading
The $40Bn Iran–Russia deal for joint development of offshore fields in the Middle Eastern country could fall through due to corrosion issues. Iran and Russia face significant challenges in their Continue Reading
A second shipment of crude from a U.S. Gulf of Mexico offshore field has sailed for Germany, according to vessel tracking data and trade sources on Tuesday, as European refiners Continue Reading
The Isar nuclear-power plant in Essenbach, Germany, is one of the last nuclear plants still operating in the country. BERLIN—Germany plans to postpone the closure of the country’s last three Continue Reading
As Europe looks to secure alternative energy sources to Russian gas in light of the war in Ukraine , Statista’s Anna Fleck warns , a new threat to energy security Continue Reading
Year-ahead electricity prices continue to soar in Europe, with German power prices, the European benchmark, jumping to over $508 (500 euro) per megawatt-hour on Tuesday amid low Russian gas supply Continue Reading
As the EU grapples with an energy crisis and seeks alternatives to Russian pipeline gas, the bloc plans to increase its financial support to a military mission in Mozambique – Continue Reading
Russia’s gas giant Gazprom said on Tuesday that its natural gas exports slumped by 36.2 percent to 78.5 billion cubic meters between January and the middle of August, as deliveries Continue Reading
TTF front month opens at Eur230/MWh on Aug 16 Difficult to understand this market: trader Winter 23 contracts up 51% since July 1 European natural gas assessments at the benchmark Continue Reading
Switzerland is to launch negotiations on the use of reserve power plants, the government said on Wednesday, as part of plans to bolster energy security for the coming winter. The Continue Reading
German households will have to pay almost 500 euros ($509) more a year for gas after a levy was set to help utilities cover the cost of replacing Russian supplies, Continue Reading
German Economy Minister and Vice Chancellor Robert Habeck arrives to address the media after the announcement of the gas levy at Federal Ministry for Economic Affairs and Climate Action, in Continue Reading
Germany’s Schwedt oil refinery has started processing US crude blended with Russian Urals, according to a person familiar with the matter. US crude brought in from Rostock on Germany’s Baltic Continue Reading
Highlights Levels at Kaub chokepoint fall to critical point of 30 cm Barge rates surge on low water levels Switzerland draws from stocks to cope with demand Disruptions to supplies Continue Reading
Explosions rocked an ammunition depot and disrupted trains in Russian-annexed Crimea on Tuesday, the latest such incident in a region Moscow uses as a supply line for its war in Continue Reading
Videos shared on social media by Ukrainian media and officials showed a large fire and plumes of smoke with the sound of explosions crackling. Ukraine didn’t claim responsibility for the Continue Reading
On a sunny October morning, the nation’s top intelligence, military and diplomatic leaders filed into the Oval Office for an urgent meeting with President Biden. They arrived bearing a highly classified Continue Reading
: Explosions seen at an arms depot in Maiske in Crimea A week after an apparent Ukrainian attack on a Russian military base in occupied Crimea, an arms store on Continue Reading
Britain’s main opposition Labour Party called on Monday for the energy price cap to be frozen to help the public deal with another expected surge in fuel bills during the Continue Reading
As everyone knows, electricity prices in Europe have soared, due to a combination of factors, most prominently Russia’s war in Ukraine and the curtailing of natural gas supplies. But how Continue Reading
German natural gas consumers will have to pay extra 2.419 euro cents per kilowatt hour as the country tries to distribute higher energy costs among consumers after Russia curbed flows Continue Reading
The first sign of danger came when the dwindling crew of Ukrainian technicians running the Zaporizhzhia nuclear-power station noticed that officers from Russia’s state atomic energy company had left the Continue Reading
In Ukraine’s east, firefighters worked Saturday at a house hit by shelling in the city of Bakhmut. KYIV, Ukraine—Ukraine’s President Volodymyr Zelensky accused Russia of using Europe’s largest nuclear power Continue Reading
Ukraine’s President Volodymyr Zelenskiy has warned Russian soldiers who shoot at Europe’s largest nuclear power station or use it as a base to shoot from that they will become a Continue Reading
The United Nations-chartered ship MV Brave Commander will depart Ukraine for Africa in the coming days after it finishes loading more than 23,000 metric tonnes of wheat in the Ukrainian Continue Reading
Stood on her hind legs to greet any prospective owner who might approach her glass-doored kennel, Harriet is a black English cocker spaniel abandoned as a deepening cost-of-living crisis pushes Continue Reading
Russia’s Gazprom (GAZP.MM) has ramped up flows to Hungary via the Turkstream pipeline that brings gas to Hungary via Serbia, a Hungarian foreign ministry official said on Saturday. European Union Continue Reading
Britain’s energy crisis will push millions into destitution this winter unless the government hands out more cash to help struggling households pay fuel bills, Rishi Sunak, the trailing candidate in Continue Reading
Germany must cut its gas use by a fifth to avoid a crippling gas shortage this winter, its top network regulator said, as businesses and households brace themselves for Europe’s Continue Reading
