Post Tagged with: "energy crisis"
Energy CEO hits at ‘energy ignorance’ driving current policy: ‘Little hope of ending the crisis anytime soon’
The ongoing energy crisis was preceded by a decade of red flags that went mostly ignored and global plans to transition from conventional energy sources to renewable options failed to address key issues, according to a chief executive …
Coal rush! Energy crisis fires global hunt for polluting fuel
DAR ES SALAAM – The sleepy Tanzanian port of Mtwara mainly dealt in cashew nuts until late last year. Now it bustles with vessels loading up with coal, as Russia’s invasion of Ukraine drives a worldwide race for …
Balkans turns to coal as energy crisis trumps climate commitments
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 …
Energy crisis divides European nations before emergency meeting
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 …
Climate policies could spark an ‘even worse’ energy crisis, Saudi finance minister says
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
Energy crisis is wake up call for more investment, forum hears
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 …
Energy crisis makes multi-year contracts fashionable again
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 …
EQT’s CEO calls for more American shale investment to end energy crisis
(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 …
Energy crisis could threaten global economic recovery, says IEA
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.…
China digs in on coal, oil gains as energy crisis deepens
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
Column: Big freeze exposes Asia’s underlying energy crisis
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 …
