Two more British Energy suppliers cease trading
Two more British energy suppliers have ceased trading, regulator Ofgem said on Wednesday, taking the total number of firms to go bust since the beginning of September to 11 as Continue Reading
Putin Dismisses Accusations That Russia Is Weaponizing Natural Gas
Vladimir Putin has dismissed claims that Russia is weaponizing its supplies of natural gas to speed up Germany’s approval of the completed Nord Stream 2 pipeline Putin: The accusations are Continue Reading
Norway To Continue Developing Oil Industry Under New Government
Western Europe’s largest oil and gas producer, Norway, will continue to develop its oil and gas industry, the incoming minority coalition government said in its platform on Wednesday. Technologies to Continue Reading
Putin: OPEC+ Cooperation Could Expand To Other Areas
The success of OPEC+ in stabilizing the oil market after last year’s price crash shows that the group has all the chances to expand cooperation and include areas such as Continue Reading
Russia urges greater energy cooperation, pointing to turbulence in markets
Highlights Russia pledges not to curb supplies to cause prices to skyrocket Energy forum in Moscow welcomes OPEC+, Western partners Volatility in oil and gas markets and greater international cooperation Continue Reading
Eurozone industrial output falls as supply bottlenecks take toll
August as supply chain bottlenecks restricted production of many products, such as German cars, raising concerns that the bloc’s economic rebound may run out of steam. Several companies in Germany’s Continue Reading
Egypt Set to Agree on Electricity Link-Up With Greece
Greece and Egypt will this week ink a preliminary deal to build a large electricity cable connecting the two countries, the first such agreement to be signed between Europe and Continue Reading
European gas price surge prompts switch to coal
Soaring European wholesale gas prices are encouraging more utilities to switch to carbon-heavy coal to generate electricity just as the region tries to wean nations off the polluting fuel. Although Continue Reading
Russia hits new record for COVID-19 deaths, resists lockdown
Crows sit on grave crosses in the section of a cemetery reserved for coronavirus victims in Kolpino, outside St. Petersburg, Russia, Tuesday, Oct. 12, 2021. Russia hit another record of Continue Reading
Is Decarbonization Threatening Europe’s Energy Security?
The energy crisis that is unfolding across the globe could set the world back in terms of carbon emissions as coal and gas demand skyrockets. China will burn and import Continue Reading