energy-market
Top StoriesExplainer-Nord Stream’s Turbine Tussle Puts Spotlight on Equipment
Top StoriesFactbox-Europe Ramps up Coal Imports as Energy Supply Fears Grow
Top StoriesKremlin: Nord Stream 1 Turbine Not Arrived Yet, a Second Has Defects
Top StoriesOil Rises for a Second Day on Supply Tightness Concerns
Russian Gas Cut to Europe Hits Economic Hopes, Ukraine Reports Attacks on Coastal Regions
Date: July 26, 2022
By Pavel Polityuk and Max Hunder KYIV (Reuters) – Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have backed Ukraine, while missile attacks in Black Sea coastal regions raised doubts about whether Russia will stick to a deal to let Ukraine export grain. The first ships...
Analysis – Russian Gas Flow Too Low to Fill Europe’s Storage
Date: July 25, 2022
By Nina Chestney LONDON (Reuters) – Russia’s cut in supplies through its main gas pipeline to Germany will leave countries unable to meet goals to refill storage and Europe’s biggest economy faced with rationing industry to keep its citizens warm during the winter months. Politicians in Europe have repeatedly said Russia could cut off gas...
Analysis-Europe’s Diesel Drivers Bound for More Russian Price Pain
Date: July 25, 2022
By Rowena Edwards and Bozorgmehr Sharafedin LONDON (Reuters) – Diesel drivers in Europe, already contending with record high prices, are in for even more pain at the pumps compared with those who rely on gasoline. Restrictions on diesel imports from Russia following Moscow’s invasion of Ukraine have undermined the fuel’s status in Europe as a...
Dimmed Street Lights, Shorter Showers: Germany Leads Europe Energy Savings Drive
Date: July 22, 2022
By Sarah Marsh and Louisa Off BERLIN/AUGSBURG, Germany (Reuters) – Summer nights in the wealthy Bavarian city of Augsburg this year are eerily dark and quiet: The facades of historic buildings are not illuminated, street lights are dimmed and most of the fountains are not operating. Augsburg is among many cities around Germany to have...
TotalEnergies, Cma Cgm Agree to Cut Prices to Help French Consumers
Date: July 22, 2022
By Tassilo Hummel and Juliette Jabkhiro PARIS (Reuters) – French oil major TotalEnergies and shipping giant CMA CGM announced further measures to cut prices on Friday, following government pressure for companies to do more to help consumers cope with soaring inflation. TotalEnergies said it would reduce fuel prices at its service station across France from...
Uniper Rescue Plan Takes Shape, With Price Rises Possible
Date: July 20, 2022
By Christoph Steitz and Andreas Rinke FRANKFURT (Reuters) -The German government plans to take a 30% stake in Uniper and will allow the utility to pass on some energy costs to customers as part of a bailout package that sources told Reuters could be finalised this week. The government also plans to quadruple a credit...