Tag: Energy
US President Joe Biden Has Criticized Oil And Gas Companies For Reaping Big Profits
U.S. rivals Chevron and ExxonMobil have reported profits in the region of $70 billion this year, nearly tripling from 2021. Biden said Monday that record profits were "a fluke from the brutal conflict that rages on “. Injuring tens of thousands of people...
G7 Want Russia To Return Full Control Of Zaporizhzhia Nuclear Plant To Ukraine
The Group of Seven of the World's Advanced Economies formal known as G8 before Russia was removed from the group, condemned Russia's control of Zaporizhia nuclear power plant and called for the immediate return of full control of the plant to Ukraine.
Putin Ready To Boost Gas Supplies To Europe Via Nord Stream 2
Russian leader says mothballed pipeline can ferry energy exports west if it is proven safe following recent explosions.
Berlin Has So Far Failed To Set A New Goal
The coalition government has taken some important steps to address the current crisis, but has so far failed to set a new, more sustainable course.
Can Italy’s Left Ever Win Election In Italy Again?
After Giorgia Meloni’s right-wing bloc swept to victory, is there any way back for Italy’s center-left?
Poland Detects Leak On Druzhba Pipeline Carrying Russian oil to Europe
Operator says ’causes of the incident are not known yet, Is likely to be another sabotage
How Strong Is US Economy Now, Is Recession Coming
The US is facing rising recession fears even as economic indicators point to mixed signals.
Von der Leyen Want EU Countries To Use Their “Collective Bargaining Power” On Energy
EU countries should use their “collective bargaining power” to secure affordable gas supplies ahead of next winter, European Commission President Ursula von der Leyen said today. Commission chief says ‘there is broad support’ for such a step.
EU Leaders Left Myriad Questions Unanswered Friday On How To Handle Energy Cost
EU leaders left myriad questions unanswered Friday as they concluded a summit in Prague, delaying final decisions on combating sky-high energy prices to future meetings. Attention now turns to a formal EU leaders’ summit on October 20 and 21.
Zaporizhzhia nuclear plant Lost Major Power Source Amid Ongoing Shelling
Ukraine’s Zaporizhzhia nuclear plant has lost its last remaining external power sources amid renewed shelling and now relies on emergency generators for “essential nuclear safety and security functions,” the United Nations’ nuclear watchdog said on Saturd...
The Events Of This Week Show Macron Has Given Up on Some Of Those Promises He Made
The events of this week show Macron has given up on some of those promises he made. Two of Macron’s top allies in government are now facing judicial investigations, but the president has made clear he won’t budge on his support for them.
Swedish Authority Confirmed Nord Stream 1 and 2 Was Sabotaged
Sweden’s domestic security agency says evidence at the site has been seized and ‘will now be examined’.
United Kingdom To Have 3 Hours Blackout This Winter.
National Grid warns of planned blackouts if UK is unable to import electricity from Europe and increase gas imports.
Energy Demand In Southeast Asia Countries Will Triple
Southeast Asia countries need energy diversification as demand seen surging Energy demand in Southeast Asia countries could triple by 2050 and the region could become net importer of natural gas and coal before that if the region do not develop alternativ...
The potential OPEC+ Cut Could Spur A Recovery In Oil Sector
The potential OPEC+ cut could spur a recovery in oil prices that have dropped to about $90 from $120 three months ago due to fears of a global economic recession