A proposed liquefied natural gas terminal in Germany is at the risk of never being built, with several headwinds having already prompted one of three backers to write down its Continue Reading
Germany on Friday shut down half of the six nuclear plants it still has in operation, a year before the country draws the final curtain on its decades-long use of Continue Reading
Olga Salo arrived for her first tactical military training exercise in a frosty pine forest outside Ukraine’s capital Kyiv wearing a pink ski jacket and dark blue jeans. On a Continue Reading
Rising power costs in Europe have resulted in reduced output at Europe’s largest aluminum smelter. Though many aluminum smelters operate on long-term power contracts, spot prices do impact costs for Continue Reading
Europe may be in the grips of an energy shortage and forced to reopen retired coal plants to cope but climate activists insist that it is time to part company Continue Reading
Highlights Revision from previous expectation of cold January weather European gas stock withdrawals slow on mild weather European gas prices continue to tumble from record highs Most of Europe is Continue Reading
Mild weather forecast for the first half of January should prevent France’s electricity grid coming under strain but the outlook thereafter is uncertain due to a decline in its nuclear Continue Reading
President Biden and Russian President Vladimir Putin warned each other of the potential for a dangerous downturn in relations if the current crisis over Ukraine further escalates, but kept a pathway open for diplomacy. Continue Reading
The US and its allies are prepared to respond “decisively” should Russia invade Ukraine, President Joe Biden told his Russian counterpart Vladimir Putin on Thursday amid mounting tensions at the Continue Reading
Highlights Significantly lower than levels in past two years Russian storage sites currently 83% full: Miller Domestic gas supply, withdrawals at 10-year high Russia’s Gazprom expects to have 1 Bcm Continue Reading
