energy

US allows energy transactions with sanctioned Russian banks

The US Treasury Department on Tuesday issued a general license authorizing energy-related transactions with sanctioned Russian banks through December 5.…

2 years ago

European energy crisis will only get worse – Medvedev

Europe is in the grips of an energy crisis and the situation will only get worse as the West attempts…

2 years ago

Alexey Grivach: With soaring energy prices, the specter of stagflation haunts the world

The surge in energy prices, which began last year and has been reinforced by Russia’s military action in Ukraine and…

2 years ago

US admits Russia’s energy revenue increased after sanctions

Russia is now getting more money from its fossil fuel trade than it did before the start of its military…

2 years ago

Biden declares US energy emergency

President Joe Biden has blamed Russia for another crisis, saying the US might not be able to generate enough electricity…

2 years ago

Britain looks to head off energy crisis

UK authorities are in talks to reopen a key natural gas storage facility to tackle the energy crunch that has…

2 years ago

Gazprom cuts off gas to Denmark’s largest energy company and Shell in Germany

Denmark has become the fifth country to be cut off from Russian natural gas following the refusal of its biggest…

2 years ago

Key energy market headed for crunch this winter – experts

The liquefied natural gas (LNG) market could be hit with a potentially historic shortage this winter as the world rushes…

2 years ago

Europeans warned of ‘permanently high’ energy costs

A EU commissioner, Margrethe Vestager, told Germany’s Handelsblatt newspaper on Wednesday that European consumers will have to put up with…

2 years ago

Norway responds to Polish demand for shared energy revenues

Norway has made it clear that it’s not going to give in to Poland’s demand for it to share its…

2 years ago