There are many hard lessons to be learned from the current energy crisis in Europe, including the importance of both flexibility and backup options for an energy grid While the Continue Reading
Russia might never hit the record oil production levels seen in 2019, a government paper cited by Kommersant outlines. Russian oil production might never recover to pre-coronavirus levels, the country’s Continue Reading
Soaring gas prices are forecast to drive a switch to oil and put more energy suppliers in Britain out of business, while industry groups called on Thursday for government action Continue Reading
A Scottish court handed BP (BP.L) a win over Greenpeace on Thursday after the environmental group tried to void the energy company’s licence to exploit a North Sea oilfield, saying Continue Reading
The head of the International Energy Agency said Russia has the capacity to send substantially more gas to Europe and alleviate the energy crisis gripping the continent, in an intervention Continue Reading
British employers increased pay for new staff by the most since at least the 1990s, according to a survey that will be studied by the Bank of England as it Continue Reading
Hungarian Prime Minister Viktor Orban on Friday blamed European Union action to combat climate change for a surge in energy prices, and said that Poland and Hungary would present a Continue Reading
MOSCOW, Oct 8 (Reuters) – Russia reported 936 coronavirus-related deaths on Friday, the largest single-day death toll it has recorded since the pandemic began. The government coronavirus task force also Continue Reading
UK gas production will fall 75 percent by 2030 without new investment, according to industry body Oil & Gas UK. UK gas production will fall 75 percent by 2030 without Continue Reading
With winter fast approaching and a stunning energy price surge pummeling Europe, Russian President Vladimir Putin chose an opportune moment to use his country’s leverage as an oil and gas Continue Reading
