Energy

As of early this morning, the national average price of a gallon of regular gas has dropped under the psychological barrier of $4 at $3.990, the latest data the American Automobile Association (AAA) posted shows. […]

Follow

The German Tenants’ Association (DMB) fears that at least a third of the lower-income German population will not be able to pay the rising energy bills, urging the government in Berlin to make changes to […]

Follow

Leaders of African countries are expected to push for massive new investments in fossil fuels at the next UN climate summit COP27 in November this year, The Guardian reported. If Africa does pursue a new […]

Follow

Seven mayors from the German island of Ruegen, Germany’s largest island and a popular tourist destination, urged the regional and the federal governments in a letter issued on Wednesday to allow gas imports via the […]

Follow

Saudi Foreign Minister Prince Faisal bin Farhan said there are no adequate oil supplies without full OPEC+ cooperation.  The top Saudi official reiterated that Russia is an integral part of OPEC+, the Organization of the […]

Follow

Turkish President Recep Tayyip Erdogan met with Russian President Vladimir Putin on Tuesday to work on a proposal for energy deals.  It comes as the European Union sets out emergency plans today to curb gas […]

Follow

The European Union, which seeks non-Russian suppliers after Moscow’s invasion of Ukraine, signed an agreement on Monday to double gas imports from Azerbaijan. Ever since Russia’s President Vladimir Putin sent troops to Ukraine in February, […]

Follow

Russia’s Gazprom told its European customers that it cannot guarantee gas supplies due to “extraordinary” circumstances.  The letter sent to customers ups the ante in an economic tit-for-tat between the West and Moscow over its […]

Follow

Europe could face energy rationing this winter as energy costs continue to skyrocket, Shell’s chief executive warned, The Guardian reported. Europe’s ongoing energy crisis comes amid the risk of Russia cutting off gas supplies.  “It […]

Follow

If Russia, as is feared, suspends the CPC pipeline that is almost the only export route for oil from land-locked Kazakhstan to the Black Sea Russian export terminal in the port of Novorossiisk, Western energy […]

Follow

Oil prices continue to swing after two days of heavy losses, amid concerns of a looming global recession and supply constraints.  Earlier this week, oil prices reversed losses and edged up as concerns of tight […]

Follow

The European parliament has backed plans to label gas and nuclear energy as “green,” in a massive rejection from prominent climate and energy experts that say the proposals are just a gift to Russia’s Vladimir […]

Follow

One of the world’s largest pipelines that bring oil from Kazakhstan to the Black Sea, the Caspian Pipeline Consortium (CPC), has received a court order to suspend activity for 30 days, increasing the global worries […]

Follow

The EU must significantly relax its greenhouse emissions rules and put its confronting climate change on pause for the sake of energy security to ensure that the virus of neoimperialism does not develop in Europe’s […]

Follow

Germans must start saving energy to prepare for winter, when use increases, the head of Germany’s regulatory agency for energy warned over the weekend expressing fears that Russia might cut off natural gas supplies. Reminding […]

Follow

In a late 2021 interview, Energy Secretary Jennifer Granholm was found to have broken the Hatch Act, according to the US Office of Special Counsel (OSC), Fox News informed. According to a response letter submitted […]

Follow

Germany triggered the “alarm stage” of its emergency gas plan today in response to falling Russian supplies.  But Germany stopped short of allowing utility companies to pass on the soaring energy costs to customers.  Germany’s […]

Follow

The US Treasury Department has extended on Tuesday the sanctions waiver allowing third-party purchases of Russian oil, natural gas, and other energy commodities until 5 December via transactions with Russian banks. According to the document […]

Follow