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
Category: Energy
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
Energy saving is the rage in Europe, as Russia squeezes its gas supply.
The anti-waste campaigners spread out across the pitch-black streets of Paris well after midnight, shinnying up walls and drain pipes and groping for switches to
UN chief says the world is on the verge of ‘nuclear annihilation’.
The world is one step away from “nuclear destruction,” according to the head of the UN, and faces dangers unseen since the Cold War. Regarding
EU bid to replace Russian gas gets a boost as Algeria, Niger, and Nigeria endorse the Saharan gas pipeline deal.
According to Mohamed Arkab, Algeria’s energy minister, Algeria, Nigeria, and Niger have signed a memorandum of understanding to construct a natural gas pipeline over the
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