US to boost gas exports to Germany under deal with EnBW
The newest US exporter of liquefied natural gas has signed a deal to increase exports to Germany, one of a flurry of sales to Europe amid a scramble to replace Continue Reading
French refinery strikes continue at four sites
Strikes have disrupted TotalEnergies’ (TTEF.PA) oil products refining and delivery for an ninth day, with four of its French plants hit by continuing industrial action by workers, a CGT trade Continue Reading
Scholz says France does not seem to have ruled out Pyrenean pipeline
German Chancellor Olaf Scholz said on Wednesday he did not have the impression France had ruled out building a gas pipeline across the Pyrenees and said he firmly believed Europe Continue Reading
Gas crisis set to worsen after Europe burns through winter stocks
Europe may face an even more acute energy crunch next year after draining its natural gas tanks to get through the cold of this winter, the head of the International Continue Reading
Russia Signs Fuel Deal With Taliban
Russia has joined the short list of capitals willing to trade with the Taliban. Moscow inkedc a preliminary agreement with the Taliban to provide key fuels to Afghanistan, though what Continue Reading
Russia Officially Claims Ownership Of Ukraine Nuclear Plant
Russian President Vladimir Putin has decreed Ukraine’s Zaporozhye Nuclear Power Plant is a Russian federal asset, absorbing all facilities and employees as the Kremlin’s push in the east loses momentum Continue Reading
Fitch cuts outlook for UK rating to ‘negative’ from ‘stable’
Ratings agency Fitch lowered the outlook for its credit rating for British government debt to “negative” from “stable” on Wednesday, days after a similar move from rival Standard & Poor’s Continue Reading
Russia expects temporary output drop from potential oil price cap
OPEC+ agrees major cuts to production quotas Urals currently trading at a discount of around $25 Russian Deputy Prime Minister Alexander Novak said Oct. 5 that a planned price cap Continue Reading
Russian Oil Price Cap Is Coming Within Weeks, US Treasury Official Says
The Group-of-Seven industrialized economies are within weeks of announcing a formal cap on the price of Russian oil, according to a US Treasury official. The step will be announced “substantially Continue Reading
German Grid Operator Warns of Potential Cuts to Winter Power Exports
The Amprion control room in Brauweiler, Germany. Photographer: picture alliance/Getty Images Germany’s largest power-grid operator said that the country may have to restrict electricity exports this winter as a last Continue Reading