energy-market
Top StoriesExclusive: Germany Plans Levy on Gas Bills for All Consumers
Top StoriesUK’s Energy Regulator Proposes Package to Boost Grid Capacity
Top StoriesNorway Helping Plug Europe Oil Gap as Russian Barrels Head East
Top StoriesBlack Sea Gas Platform Launched Off Romania Despite War Risks
Tokyo June Heatwave Worst Since 1875 as Power Supply Creaks Under Strain
Date: June 28, 2022
By Kantaro Komiya and Elaine Lies TOKYO (Reuters) -Japan baked under scorching temperatures for a fourth successive day on Tuesday, as the capital’s heat broke nearly 150-year-old records for June and authorities warned power supply remained tight enough to raise the spectre of cuts. The heatwave comes less than two weeks before a national election...
Car Drivers in Hungary Face Refuelling Limit at Mol, Omv Pumps
Date: June 24, 2022
BUDAPEST (Reuters) -Passenger car drivers in Hungary will be limited to buying 50 litres of fuel a day from Friday at fuel stations owned by Hungary’s MOL and Austria’s OMV, in a move to avert disruptions caused by a government price cap. MOL’s announcement halved the previous limit it imposed on refuelling. OMV said its...
Analysis-Running Short of Gas: Russia’s Pipeline Repair Has Europe Worried
Date: June 24, 2022
By Nina Chestney and Vera Eckert LONDON/FRANKFURT (Reuters) – When Russia turns off the gas through the Nord Stream 1 pipeline for maintenance in July, Europe is starting to worry that it won’t turn it back on again. This week, Russia cut gas flows to Europe to 40% of the pipeline’s capacity, blaming delayed equipment...
Germany Triggers Gas Alarm Stage, Accuses Russia of ‘economic Attack’
Date: June 23, 2022
By Holger Hansen and Vera Eckert BERLIN (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday in response to falling Russian supplies but stopped short of allowing utilities to pass on soaring energy costs to customers in Europe’s largest economy. The measure is the latest escalation in a standoff between...
Factbox: Europe Takes Action in Case Russian Gas Supply Stops
Date: June 23, 2022
By Nina Chestney (Reuters) – Several European countries are putting plans in place to manage gas supply and even ration power in case Russian gas flows stop after supply through the Nord Stream 1 pipeline were curtailed. Russian gas supply to Europe via the pipeline fell last week and Moscow said more delays in repairs...
A Dozen EU Countries Affected by Russian Gas Cuts, EU Climate Chief Says
Date: June 23, 2022
By Kate Abnett BRUSSELS (Reuters) – A dozen European Union countries have now been affected by cuts to gas supply from Russia, EU climate policy chief Frans Timmermans said on Thursday, as the bloc faces a deepening energy standoff with Moscow. Russia slashed flows through its Nord Stream 1 pipeline to 40% of capacity last...