With the reduced supply of Russian gas, Europe faces a harsh winter that could include energy rationing as European countries scramble to fill natural gas storage sites before November, according Continue Reading
Europe may be facing energy rationing this winter, Shell CEO Ben van Beurden said July 14 at Aurora Energy’s spring forum in Oxford. Russian gas supply curtailments have left much Continue Reading
Electricite de France SA’s Tricastin nuclear plant in Saint-Paul-Trois-Chateaux, France. Photographer: Theo Giacometti/Bloomberg Output cuts at some French nuclear plants are expected to stretch into next week as a heatwave Continue Reading
The European Union is falling behind on its high-profile promises to deliver a substantial aid package to Ukraine at the same time the bloc is confronting the prospect of severe Continue Reading
The French should brace for a complete cutoff of Russian natural gas, French President Emmanuel Macron said Thursday, Bastille Day, calling on citizens to turn public lights off at night Continue Reading
Kremlin-controlled energy giant Gazprom (GAZP.MM) said on Wednesday it could not guarantee the safe operation of a critical part of the Nord Stream 1 gas pipeline because of doubt over Continue Reading
The euro’s tumble below $1 for the first time in two decades puts it on course for one of the worst years in its history, especially if the energy price Continue Reading
Germany will stop importing Russian coal from August 1 and crude oil from December 31, the country’s deputy finance minister, Joerg Kukies said today, as quoted by Reuters. “We will Continue Reading
Nominations for Russian gas flows into Slovakia from Ukraine via the Velke Kapusany border point were steady on Thursday, while flows via the Nord Stream 1 pipeline remained shut due Continue Reading
As gas-hungry Europe revives coal plants, complicating its climate ambitions, the blistering heat this summer shows just what’s at stake. Southern France was slammed by a heat wave so intense Continue Reading
