The European Energy Crisis Is About To Go Global
It was only a matter of time, really. In a globalized world, energy crunches can hardly remain regionally contained for very long, especially in a context of damaged supply chains Continue Reading
UK strikes deal for CO2 producer CF to restart operations
Britain has struck a deal with CF Industries for the American company to restart the production of carbon dioxide (CO2) after soaring gas prices forced it to halt operations, threatening Continue Reading
IEA urges Russia to ramp up gas supply to Europe
The International Energy Agency has called on Russia to send more gas to Europe to help alleviate the energy crisis, becoming the first major international body to address claims by Continue Reading
Russia Expects To Boost Oil Production To Post-Soviet High In 2022
Russia sees raising its oil production to an average of 11.24 million barrels per day (bpd) in 2022, which would be an 8-percent increase from 2021 as OPEC+ eases the Continue Reading
German auto giants place their bets on hydrogen cars
Battery power may be the frontrunner to become the car technology of the future, but don’t rule out the underdog hydrogen. That’s the view of some major automakers, including BMW Continue Reading
Britain tells its food industry to prepare for CO2 price shock
Britain warned its food producers to prepare for a 500% rise in carbon dioxide prices on Wednesday after extending emergency state support to avert a shortage of poultry and meat Continue Reading
EU energy ministers meet to discuss power price surge
Energy ministers from European Union countries will on Wednesday discuss the soaring price of gas and electricity across Europe, as some governments draw up measures to protect their consumers. Benchmark Continue Reading
Norway promises Europe more gas as prices soar
Norway agreed on Monday to increase natural gas exports to the rest of Europe as record high wholesale natural gas prices prompted suppliers in Britain to seek state support and Continue Reading
UK energy firms seek state support to weather gas crisis
UK mulls support for energy companies as gas prices rises Customers from failed companies a major issue Business minister tells companies: prioritise customers Business minister held emergency talks with suppliers Continue Reading
German Producer Prices Rise at Fastest Pace in More Than 45 Years
The index of producer prices for industrial products in Germany rose 12.0% in August compared with the prior year, the German statistics office Destatis said Monday. This was the highest Continue Reading