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HomeEnergy Crisis

Energy Crisis

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 […]

African
International News

African Upstream Activity Trending Higher in 2023: What’s Driving the Increase?

November 21, 2022 Mariel Alumit

When TotalEnergies and Shell separately announced “significant” discoveries of what appears to be commercial quantities of oil and gas offshore Namibia — possibly more than 4 billion barrels of oil in total — it signaled […]

world
Coal

Instead of phasing down coal the world is burning more than ever

November 21, 2022 Mariel Alumit

Last November in Glasgow, the world’s climate leaders were locked in a fierce debate over whether the final draft of the summit’s agreement should include a pledge to “phase-out” or “phase-down” coal. Since then, the more […]

Poland
Climate Crisis

Poland to delay coal phaseout and open more mines amid energy crisis

November 18, 2022 Mariel Alumit

The current energy crisis means that Poland will not only delay its plans to shut down existing coal mines but will also expand production and even open new facilities, two government ministers have revealed. Poland uses […]

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