There may be no end in sight for the European power crunch this year, even after the winter season ends. Low nuclear power generation in France, a major producer and Continue Reading
Rosneft signs 10-year pipeline crude supply deal with CNPC Inflows to help boost throughput in the region, fill SPRs Russian crude accounted for 15.5% market share in China in 2021 Continue Reading
France has enough secured gas supplies to get through this winter, French European Affairs Minister Clement Beaune told France 2 TV on Tuesday, adding this was the case in “any Continue Reading
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. European natural gas prices rose after U.S. President Joe Biden said the controversial Nord Continue Reading
French officials said Vladimir Putin had moved towards de-escalating the Ukraine crisis by promising not to undertake any new “military initiatives” and agreeing to withdraw thousands of Russian troops from Continue Reading
A wind farm has for the first time secured a deal to help balance voltage in the U.K.’s electricity grid. North Sea wind farm Dogger Bank C’s onshore converter station Continue Reading
If the natural gas flows from Russia via Ukraine were to stop in an escalation of the Russia-Ukraine crisis, LNG imports would be enough to replace the flows to Europe Continue Reading
Von der Leyen hits out at ‘strange’ Gazprom behavior Russia has ‘one-dimensional’ economy focused on fossil fuels Creates energy security partnership with US The European Commission has intensified its criticism Continue Reading
Brussels is examining how to shield consumers from a potential energy crisis as part of plans to protect Europe’s households, businesses and borders from the fallout from a Russian military Continue Reading
Gas prices have recovered from a January slump following the shutdown of a key European pipeline. Rising tensions in Ukraine could add further upward pressure on the already-tight market in Continue Reading
