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HomeEnergy Crisis

Energy Crisis

Europe
Energy Crisis

Europe Has Spent EUR792 Billion To Shield Citizens From Energy Crisis

February 14, 2023 Allen Santos

Authored by City AM, submitted by OilPrice.com, European countries have forked out over ?700bn (EUR792bn) to shield businesses and households from soaring gas prices since the start of the energy crisis, according to the latest […]

EU
Aljazeera International

EU countries agree gas price cap to battle energy crisis

December 19, 2022 Allen Santos

European Union nations’ energy ministers have agreed on a gas price cap, after weeks of talks on the emergency measure that has split opinion across the bloc as it seeks to tame the energy crisis. […]

America
Grid

Save America’s grid!

November 29, 2022 Mariel Alumit

It is no secret that America’s electric power grid is becoming unreliable. The secret is whose fault it is. Not knowing who to blame makes it hard to fix. If I could get a show […]

Norway
Climate Crisis

Why Norway’s views on energy security should ring alarm bells across Europe

November 22, 2022 Mariel Alumit

Norway’s energy security would appear to be a done deal, yet the past couple of years have been very challenging for its electricity market. While the rest of Europe struggles with reduced access to gas, […]

EU
Energy Crisis

EU’s Proposed NatGas Cap Draws Ire As Market Intervention Could Worsen Energy Crisis

November 22, 2022 Stu Turley

Leaders of the European Union are set to propose a natural gas price cap for one year, according to new draft legislation obtained by Reuters. But the new plan to contain elevated energy prices due […]

New England
Energy Crisis

U.S. New England set to get first LNG cargo since summer

November 21, 2022 Mariel Alumit

Nov 21 (Reuters) – New England could get a load of much needed liquefied natural gas (LNG) for the winter heating season in coming days from a vessel full of the super-cooled fuel that is […]

Germany
Climate Crisis

Germany mulls state guarantees for renewable energy production

November 21, 2022 Mariel Alumit

BERLIN, Nov 21 (Reuters) – Germany is examining introducing state guarantees for investments in renewable energy, Economy Minister Robert Habeck said on Monday, as Berlin attempts to become more independent in scaling up renewables capacity. […]

LNG
Energy Crisis

Twice as expensive: The high cost of Germany’s floating LNG terminals

November 21, 2022 Mariel Alumit

Desperate to reduce its reliance on Russian gas, Germany’s speedy construction of infrastructure and leasing of floating LNG terminals may cost much more than initially assumed. The German government rented five floating terminals to import […]

European
Climate Crisis

Europe’s Energy Hypocrisy Attracts Increasing Notice

November 21, 2022 Mariel Alumit

Germany made global news recently when its government approved the demolition of a wind farm and small village to facilitate the expansion of a strip-mining operation for highly-polluting lignite. The lignite will be used to supply formerly […]

Germany
Energy Crisis

Germany’s Looming Energy Crisis

November 21, 2022 Mariel Alumit

Germany, Europe’s economic powerhouse, is one of the largest economies in the world. German industrial firms, however, are increasingly facing production problems. Among the causes are logistical issues arising from the crisis in Ukraine and […]

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Electric
Electric Vehicles

Small Chipmaker With Big Vision On Track To Dominate Fast-Growing Electric Vehicle Industry

June 9, 2023

The electric vehicle revolution is here, even in the most unexpected places. And it is a huge opportunity for astute investors. Executives at Stellantis NV (STLA) announced last week announced that production of its Dodge Charger and […]

EnLink
Crude Oil News

EnLink Midstream LLC: A Top Player in Natural Gas and Crude Oil Transmission and Processing Services

June 9, 2023

EnLink Midstream LLC is among the top players in the transmission, processing, and marketing of natural gas and crude oil. The company operates across five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. EnLink Midstream […]

Oil
Big Oil Companies

Banks Continue to Put Billions Into Oil and Gas — Is It a Smart Investment?

June 8, 2023

The oil company CEO was practically giddy, she was so excited about its record earnings. On a call with shareholders and analysts on March 31, Occidental Petroleum’s Vicki Hollub bragged that the century-old oil giant was […]

Debt
Energy Policy

Debt Ceiling Permitting Provisions Offer Good First Step to Meaningful Reform

June 7, 2023

President Biden has signed the Fiscal Responsibility Act (FRA) into law which suspends the debt ceiling into 2024 and avoids a U.S. default. The bill contains several historic reforms to the National Environmental Policy Act […]

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