
Energy Prices Trigger Deindustrialization In Germany
German factories are struggling to cope with soaring energy costs, which may prompt many to leave the country for a cheaper location, Bloomberg has reported, citing industry sources.

German factories are struggling to cope with soaring energy costs, which may prompt many to leave the country for a cheaper location, Bloomberg has reported, citing industry sources.
China’s crude oil and natural gas production rose to a record high between January and July this year, government data cited by Xinhua shows.
Croatia will invest 180 million euros to build a new gas pipeline and more than double capacity at its liquefied natural gas (LNG) terminal in a bid to secure gas supplies, the government said on Thursday (18 August).
…import liquid natural gas must now compete with European latecomers to the LNG market seeking an alternative to pipelined Russian gas. In early summer, Pakistan…
France’s former minister for housing, Emmanuelle Wargon, has been appointed head of the French Energy Regulatory Commission (CRE), despite opposition from MPs who have been questioning her political independence and expertise in energy.

The German government will reduce the value-added tax (VAT) on natural gas, it announced on Thursday (18 August).
The parties also reviewed prospects of Chevron’s participation in implementation of investment projects in the petrochemical and gas chemical sphere and plans on further expansion of the Karachaganak field production capacity.
An oil-fired power plant in southern Sweden owned by German energy giant Uniper suffered a failure early on Thursday when a boiler tripped.
…concessionary loans for banks that increase their lending to firms producing clean energy and improving energy efficiency. The biggest challenge with this is in asking…
Moscow and Tehran are working on a visit by Iranian Industry, Mining, and Trade Minister Reza Fatemi Amin to Russia, the Iranian Embassy in Moscow wrote on its Telegram channel.