Four more British energy suppliers cease trading
Four more small British energy suppliers have ceased trading, regulator Ofgem said on Tuesday, taking the tally of companies to have gone bust since the beginning of September to 17. Continue Reading
German energy demand, carbon dioxide emissions seen rising in 2021 -industry group
Germany’s energy consumption in 2021 is likely to rise by nearly 3% and the country’s carbon dioxide emissions are set to increase by at least 4% as more coal is Continue Reading
Russia keeps Europe waiting on new gas supplies
Russia’s Gazprom (GAZP.MM) declined to book extra capacity to ship more gas to Europe from January at auctions on Tuesday, a step that would have helped ease prices in a Continue Reading
Russia’s excess mortality soars since start of Covid pandemic
Russia has recorded 753,000 excess deaths during the coronavirus pandemic, one of the highest tolls in the world, according to analysis of government data by the Financial Times that highlights Continue Reading
Russia Insists That It Is Not Weaponizing Gas Exports
Europe’s winter of discontent is just getting started as energy prices continue to rise. Though Putin has insisted that Russia is not using energy as a political weapon, many EU Continue Reading
Russia Boosted Oil Production In October
Russia saw its crude oil and condensate production rise in October for a second consecutive month as it increased output under the OPEC+ agreement to ease the collective production cuts. Continue Reading
Volkswagen invests in EU-backed energy transformation fund
Volkswagen is expanding its green strategy by investing in an EU-backed fund to jointly back technology firms in the field of energy transformation. The carmaker, which has committed to becoming Continue Reading
Russia Looks To Capitalize On The Global Energy Crisis
Asia and Europe are bracing for a particularly cold winter, and it could stretch already-short supplies of key fossil fuels even thinner. Russia, however, is poised to win big from Continue Reading
Algerian gas supply via Morocco to Spain to end on contract non-renewal
President Tebboune orders break in relations with ONEE Enagas says ‘no signs’ of Spain gas shortage this winter November stocks ample to cover 40 days’ demand Supply of Algerian gas Continue Reading
Spain storaged gas reserves equivalent to 43 days of consumption, minister says
Spain has accumulated natural gas reserves equivalent to 43 days of consumption, Environment and Energy Minister Teresa Ribera said on Tuesday, one day after Algeria shut supply through one of Continue Reading