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Business

Energy crunch in Belgium drives spike in demand for renewable energy cooperatives

Euractiv | Aug 23, 2022 at 10:15 AM

Powering Belgian pensioner Bernadette Vandercammen’s art deco mansion in the northern town of Eeklo is a challenge at the best of times, let alone when soaring energy prices have left millions of Europeans struggling to pay their bills.

Russian gas supplies through Ukraine, Nord Stream unchanged on Tuesday

TASS Russian News Agency | Aug 23, 2022 at 9:24 AM

Deliveries of Russian gas to Europe via the main export routes on August 23 may reach the level of around 42.1 mln cubic meters per day in transit through Ukraine and 33.5 mln cubic meters along the Nord Stream.

India’s energy transition hobbled by extreme weather, cheap Russian oil

Euractiv | Aug 23, 2022 at 9:00 AM

Extreme weather and the availability of cheap Russian oil following the Ukraine war have put pressure on India as it looks to become energy independent and falls behind on its renewable energy goals.

Bulgarian Gazprom talks likely to fail due to Russian upper hand, expert

Euractiv | Aug 23, 2022 at 8:59 AM

Talks between Bulgaria and Russia over resuming the supply of gas from Gazprom will likely fail due to a slap in the face from Moscow and their current geopolitical advantage.

Belgian PM says ‘prepare for the worst’ as energy prices reach record highs

Euractiv | Aug 23, 2022 at 8:36 AM

Belgians should brace for the worst, said Prime Minister Alexander de Croo on Monday, as fuel prices and electricity bills are expected to reach record highs soon.

Germany’s Scholz looks to Canada as energy supplier

Japan Today | Aug 22, 2022 at 10:15 PM

German Chancellor Olaf Scholz on Monday met with Prime Minister Justin Trudeau in Canada to firm up access to new energy supplies as his country moves to quickly end its reliance on Russian oil and gas.

As imports of US gas surge, so does concern over its environmental impact

Euractiv | Aug 22, 2022 at 2:23 PM

Concerns about the climate impact of liquefied natural gas (LNG) are mounting as US shipments to Europe surge in the wake of Russia’s invasion of Ukraine.

Libya’s Oil Production Rebounds To Top 1.2 Million Bpd

OilPrice.com | Aug 22, 2022 at 12:30 PM

Libya’s oil production is now at 1.211 million barrels per day (bpd).

China cements influence in Iraq through oil, infrastructure deals

Al-Monitor | Aug 22, 2022 at 12:21 PM

China has gained a major foothold in oil-rich Iraq, shaking up Western domination in fields from energy to construction, even as some warn that infrastructure projects could leave Baghdad in debt.

Germany’s Scholz visits Canada to build ‘reliable network’

Euractiv | Aug 22, 2022 at 9:32 AM

Chancellor Scholz began his inaugural trip to Canada on Sunday (21 August) to intensify cooperation between the two countries after a clash in July over the maintenance of a turbine aimed for the Nord Stream 1 gas pipeline.

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