Ukraine’s air force said Wednesday that nine Russian warplanes were destroyed in a deadly string of explosions at an air base in Crimea, amid speculation the blasts were the result Continue Reading
Standard Chartered: “The power of Russia’s gas ‘weapon’ has deteriorated significantly,”. Europe started the 2021/2022 winter heating season with gas in storage below seasonal norms. Even if Russia cuts off Continue Reading
Russian occupiers of Europe’s largest nuclear plant are preparing to redict electricity production using aging technology. The move has been criticized by UN officials, with the IAEA issuing grave warnings Continue Reading
Germany decides on locations for five FSRUs Netherlands expects first FSRUs to start in 2022 Europe to face Asian competition for cargoes The scramble by countries across Europe to install Continue Reading
The head of the European Space Agency (ESA) has warned economic damage from heatwaves and drought could dwarf Europe’s energy crisis as he called for urgent action to tackle climate Continue Reading
Sweltering summer temperatures and soaring gas prices have boosted the use of oil in power generation, the International Energy Agency (IEA) said on Thursday, increasing demand but masking weakness in Continue Reading
The European Union’s full ban on Russian coal imports kicked in on Thursday at a time when British defense intelligence said that Western sanctions were increasingly having an impact, even Continue Reading
Soaring oil use for power generation in Europe and the Middle East will boost crude consumption for the rest of the year, the International Energy Agency said on Thursday, as Continue Reading
With satellite images showing at least eight wrecked warplanes after explosions at a Russian air base in Crimea, President Volodymyr Zelensky of Ukraine said late Wednesday that Moscow’s mounting losses Continue Reading
India has ramped up imports of Russian coal since Ukraine war June customs data shows non-dollar payments now common Chinese yuan, Emirati dirham trades becoming more popular Banks and traders Continue Reading
