With Russian gas shipments still running at significantly reduced rates due to the Ukraine war, European nations revealed fresh steps on Monday to deal with
Category: Energy
UK cap domestic energy prices at $2,872 per year for 2 years; grants new licenses for North Sea oil drilling.
To address a cost-of-living crisis that has left families and businesses across the U.K. facing a harsh winter, British Prime Minister Liz Truss announced on
Energy crisis: Nord Stream 1 to remain shut until Siemens Energy repairs the faulty Turbine. – Gazprom.
According to Vitaly Markelov, deputy chief executive of Gazprom, the largest natural gas pipeline from Russia to Europe won’t start pumping again until Siemens Energy
Russian gas halt, European industries, and markets in turmoil.
After Russia stopped pumping gas through a key supply channel on Monday, Europe’s gas prices spiked, its stock prices fell, and the euro fell, causing
Energy crisis: Italy’s economy near collapse as energy imports gulp 100b euros.
The economy minister warned that Rome could not continue to spend eternally to soften the impact on the economy, noting that Italy’s net energy import
Germany’s IKAV acquires California oil assets from Exxon and Shell for $4 billion.
The 25-year relationship between Exxon Mobil Corp. and Shell Plc, which was one of the biggest oil producers in the state, has come to an
EU, Russia trade blames, as gas prices soar in Europe; bleak winter imminent.
Apart from technological issues brought on by Western sanctions, nothing is blocking Russian gas deliveries to Europe via the Nord Stream 1 pipeline, according to
China defense firm commences the enforcement of $50b loan-for-oil deals against Venezuela.
According to three individuals and tanker tracking data, China has entrusted a state-owned company with a defense focus to transport millions of barrels of Venezuelan
Energy crisis: Europe’s worst case scenario becoming reality.
Some European retailers are shutting off lights and possibly reducing their hours this winter as energy costs rise and the possibility of rationing grows. Energy
Tesla secures a $5b deal to buy nickel materials for its Batteries from Indonesian companies.
According to a senior cabinet official, American automaker Tesla has agreements worth roughly $5 billion with Indonesian nickel processing firms to purchase components for their
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