Post Tagged with: "energy crisis"

Source: Reuters

Balkans turns to coal as energy crisis trumps climate commitments

Investing


OSLOMEJ – Balkan nations in southeast Europe are turning to coal as they try to tackle a global surge in energy prices, raising fears among environmentalists that countries are rowing back on commitments to phase out the most polluting …

Source: Bloomberg

Energy crisis divides European nations before emergency meeting

World Oil


BRUSSELS (Bloomberg) –European Union energy ministers are set for another spat over how to cushion consumers and companies from soaring power and natural gas prices, with political and legal constraints leaving little room for immediate action.

At an …

Source: CNBC

Climate policies could spark an ‘even worse’ energy crisis, Saudi finance minister says

CNBC


Saudi Arabia’s finance minister has told CNBC that an “even worse” energy crisis could be triggered if the world is not careful with its climate policies.

“If we are not careful about what we are doing to achieve our

Source: Reuters

Energy crisis is wake up call for more investment, forum hears

Reuters


NEW DELHI/LONDON, Oct 20 – The current energy crisis is a wake-up call for the need to invest more in the sector to avoid another energy supply crunch, Abu Dhabi National Oil Company (ADNOC) Chief Executive Sultan al-Jaber told …

Source: Reuters

Energy crisis makes multi-year contracts fashionable again

World Oil


Energy crisis makes multi-year energy contracts fashionable again.

(Bloomberg) –U.S. manufacturers and other large energy users are starting to lock in natural gas and power costs for at least three years or longer to buffer against price surges …

Source: Reuters

EQT’s CEO calls for more American shale investment to end energy crisis

World Oil


(Bloomberg) –The largest U.S. natural gas driller is using the global energy crisis to renew his call for more investment in domestic infrastructure such as pipelines, which he says will enable increased exports and ease shortages.

U.S. gas …

Source: Reuters

Energy crisis could threaten global economic recovery, says IEA

Reuters


LONDON – A global energy crunch is expected to boost oil demand by 500,000 barrels per day (bpd) and could stoke inflation and slow the world’s recovery from the COVID-19 pandemic, the International Energy Agency (IEA) said on Thursday.…

Source: Reuters

China digs in on coal, oil gains as energy crisis deepens

Reuters


China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record surge in the cost of gas revived demand for the most polluting fossil fuels to keep factories open and

Source: Reuters

Column: Big freeze exposes Asia’s underlying energy crisis

Reuters


LONDON – Northeast Asia has been hit by a midwinter energy crisis as an extended period of much lower than normal temperatures across the region has strained supplies of coal, gas and electricity to breaking point.

China has been …