According to S&P Global data, for the first time in a year and a half, France’s economic output is declining, following in the steps of Germany. S&P Global tracked a gauge of French private sector […]
EDF has filed a legal claim for Eur8.34 billion ($8.54 billion) compensation from the French state for the additional allocation of 20 TWh electricity to be sold in 2022 at the regulated ARENH price, the […]
Europe’s push towards greener energy has sparked a debate over the viability of nuclear power. The EU Parliament voted in favor of EU rules that would determine investments in nuclear and certain gas projects as […]
Crude oil prices tumbled overnight Tuesday as growing COVID-19 cases in China increased ongoing worries of an economic slowdown, both fueling fears of demand destruction, Australia’s ANZ Bank said in a Wednesday note. The prospect […]
Three decades ago, Europe decided to open up its energy markets to foster competition, a move meant to bring lower prices for consumers across the continent. Fast forward to 2022, and bills have ballooned while […]
Macron: Saudi Arabia and UAE are nearing the limits of their production capacity. Saudi Arabia’s production quota was raised 114,000 bpd in June and will be raised another 170,000 bpd in July. News about shrinking […]
(Bloomberg) — French President Emmanuel Macron said that the United Arab Emirates’ ruler confided to him that OPEC’s two leading oil exporters are already pumping almost as much oil as they can. The UAE is […]
The Group of Seven nations, a bloc of the world’s leading industrial states, are edging closer to formulating a mechanism which will cap the price of Russian oil as they look to squeeze Moscow’s oil […]
The heads of France’s big energy companies on Sunday urged individuals and businesses to limit power consumption immediately to prepare for a looming energy crisis. “We need to work collectively to reduce our consumption in […]
Plumes of steam towered above two reactors recently at the Chinon nuclear power plant in the heart of France’s verdant Loire Valley. But the skies above a third reactor there were unusually clear — its […]
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