Banks across Europe are bracing for energy rationing and possible power outages this winter by getting backup generators ready so that they won’t leave bank transactions and ATMs in the dark if the energy crisis worsens.
China’s August Oil Imports Fall By 1.1 Million BpdThe Oil Giant Planning To Make Russian Gas Irrelevant By 2025U.S. Natural Gas Futures Shed Over 5% On Soaring OutputEquinor: Major Demand Cut The Only Short-Term Fix To Europe’s Energy CrisisExxon And Shell Look To Sell $1.
5 Billion Natural Gas VentureGazprom Blames Siemens For Nord Stream 1 ShutdownRussia Has Earned $158 Billion From Energy Exports Since Invading UkraineCalifornia Warns Of Rotating Outages As Heatwave ContinuesEuropean Natural Gas Prices Set To Soar Following Nord Stream ShutdownCzech PM Blames Russian Propaganda For Mass Protests In PragueFrance’s EDF Vows To Restart All Nuclear Reactors By WinterWorld’s Second-Largest Steelmaker Closes European PlantIran To Raise Oil Output To Over 4 Million...
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Equinor: Major Demand Cut The Only Short-Term Fix To Europe’s Energy Crisis | OilPrice.comThe only short-term solution to Europe's worsening gas and energy crisis is a widespread reduction in gas consumption, a top executive of Norway’s major Equinor told Reuters on Tuesday.
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Germany And Europe Set For Energy Rationing After Russian Gas Cuts | OilPrice.comGerman gas importer Uniper has said that the country does not rule out undertaking gas rationing at some point following Russia's decision to indefinitely halt gas flows via the Nord Stream 1 pipeline.
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Liz Truss Promises To Solve UK Energy Crisis As New PM | OilPrice.comThe Conservative Party’s Liz Truss will become the new prime minister of the UK after defeating Rishi Sunak for the Tory leadership, promising urgent plans to deal with the country’s energy crisis after campaigning on a flurry of oil drilling.
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EU Energy Council To Debate Two Options To Curb Energy Prices | OilPrice.comA minister spearheading efforts by the EU's Czech presidency to cope with spiking energy prices amid Russia's war with Ukraine says the EU Energy Council will debate two proposals when it meets late this week.
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60% Of UK Manufacturers Could Close As Energy Prices Soar | OilPrice.comThe rise in prices has seen 13 percent of manufacturers already reduce their hours of operation, and 12 percent have been forced to make job cuts as a direct result of increased energy bills.
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