On Christmas eve, Gazprom, the Russian state-owned natural gas giant, tweeted a rather unfestive message: Gas inventories in Europe were depleting quickly. Since then, Gazprom has been reminding the world of the trend every few days. “It […]
While Gov. Lujan Grisham is in Scotland touting the need to address climate change, President Biden, at the recent G-20, pleaded with other nations to increase their oil production to lower the price of gasoline. Maybe […]
Europe’s heading into winter facing an unprecedented energy squeeze, and politicians are trying to figure out how to stop their citizens freezing. If the shortages worsen, European governments could resort to curbing sales of natural […]
This was the by-line in the Bloomberg article “Europe Faces Bleak Winter Energy Crisis Years in the Making” posted September 18, 2021. How did Europe get to the power crisis that “Just” appeared? Well, is it […]
Gazprom PJSC needs to store nearly as much natural gas at home to keep Russians warm this winter as it currently ships to its top customer Western Europe every day, Bloomberg calculations show. The Russian gas […]
European energy executives warned of a difficult winter ahead as natural gas prices soar to records, a grim prospect for households and businesses recovering from the global pandemic. Gas prices in Europe are breaking records […]
After lockdowns forced Basel Hamzeh to close his cafe in a trendy Berlin neighborhood for months, the 53-year-old is confronting a fresh crisis: high energy bills. The cost of natural gas and electricity has surged […]
A tight supply-demand balance in Europe’s gas and coal markets this summer has driven the two fuels to compete to be lower down in the generation stack. And a sustained rally in European emissions allowances […]
North America will see sustained activity growth in US land and offshore starting in second quarter, especially once spring breakup in Canada is finished in a month or so, Olivier Le Peuch, the company’s CEO, […]
LONDON: Europe and China dominate the world market for electric cars, but there are still very few electrified vehicles on the roads in large markets like Russia, South America and Africa, according to a study conducted by […]
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