The Handelsblatt newspaper asked Gates whether Germany’s move to completely phase out nuclear power next year was a mistake. The businessman said each country must decide for itself if it wants to shut down existing reactors, but doing so “makes it harder to guarantee the security of [the energy] supply …
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On Thursday, PGNiG sent the request to Gazprom, asking it to cut the price of gas exported through the overland Yamal pipeline, despite market volatility and growing demand. According to a statement released on the firm’s website, the country is hoping for a revision in prices “so that the current …
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“The possibilities are endless here, it’s just about willpower and that we have the means and the ability to start these projects,” Daniel Alvarez, president of the state-run Lempa River Hydroelectric Executive Commission (CEL) revealed on Friday, stating that El Salvador has resources to generate electricity for the mining process …
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Speaking to CNBC on Wednesday, after taking part in the 20th annual Russian Energy Forum in Moscow, Putin criticized the monetary policy in Washington as undermining the dollar as the world’s reserve currency. Runaway inflation and debt at home, combined with using the dollar as a sanctions instrument abroad, are …
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“For the first time, we had secured our energy independence. Now they are asking OPEC, Russia, and other countries to send us some oil,” Donald Trump said, speaking at the ‘Save America’ rally at the Iowa State Fairgrounds in Des Moines on Saturday. “By the time I left office, we …
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For some, this is evidence that President Vladimir Putin is weaponizing energy to the detriment of the rest of Europe. However, recent events and well-established agreements seem to tell another, less glamorous, story. Turning off the taps? The issue being painted as the next big Russian conspiracy is a noticeable …
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Putin explained that even if paying EU-imposed penalties was more profitable, he preferred to see the continuation of contracts with Kiev. The Russian President’s comments came as gas prices reached unprecedented levels across Europe. “Gazprom believes it would benefit more from paying a fine to Ukraine and enhancing gas transit …
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What was debated exclusively among experts just ten months ago is now making headlines worldwide: energy price-hikes. Whether it’s the oil market, where the price was plummeting below zero in the spring of 2020 and is now heading back towards $100 per barrel; or electricity bills, which are causing an …
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The possibility of soaring oil prices and high inflationary pressure could become the trigger for a global crisis, the analysts warned in a note carried by Bloomberg. According to the multinational, gas-to-oil switching with record-high natural gas prices could cause additional oil demand. Moreover, energy demand is expected to grow …
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The mining operation, run by the state-controlled energy company LaGeo SA de CV, managed to generate 0.00599179 bitcoin, or about $269, using geothermal power from volcanoes, Bukele tweeted. Earlier this week, the president shared on Twitter a video of government-branded shipping containers carrying digital-currency miners to an energy facility in …
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