Germany hopes Canadian liquefied natural gas (LNG) will help ease its shift away from Russian gas imports, Chancellor Olaf Scholz said on Tuesday, a day after Canada played down the Continue Reading
European power prices have soared so much that they’re now equal to more than $1,000 per barrel of oil. A gas crunch is the main driver — with Russian supply Continue Reading
Polish Grupa Azoty, a large fertilizer producer, has stopped the production of some key fertilizers, including nitrogen fertilizers and caprolactam, because of soaring energy costs, becoming the latest casualty of Continue Reading
Another dramatic spike in natural gas prices appears to have ended any hopes that Europe’s inflation battle is set to ease, with financial markets now bracing for higher prices, a Continue Reading
Russia and Ukraine have been at war for 6 months Armies have been locked in grinding war of attrition No immediate prospect of meaningful peace deal Europe is facing a Continue Reading
Offshore supply ships at the Port of Aberdeen sea port in Aberdeen, Scotland, UK. Scotland’s public spending deficit shrank after revenue from the North Sea oil industry jumped to the Continue Reading
Nord Stream pipe set for three-day maintenance from Aug. 31 Gas settles at record high, while French power, coal surge WATCH: Germany may consider delaying shutdowns of its remaining nuclear Continue Reading
Britain recorded its biggest fall in output in more than 300 years in 2020 when it faced the brunt of the COVID-19 pandemic, as well as a larger decline than Continue Reading
French transport minister Clément Beaune has called for flights by private jets to be restricted because of their outsize contribution to climate change, joining an increasingly heated debate in France Continue Reading
TTF month-ahead price soars to close to Eur300/MWh Nord Stream to close for three-day maintenance Aug 31 No let-up in European gas price strength European gas prices surged on Aug. Continue Reading
