Archive for the ‘Energy’ Category

Switzerland’s Environment Minister Suggests People Shower Together to Save Energy

Switzerland’s environment minister is facing backlash after recommending that people shower together in an effort to cut energy consumption this winter and fend off power cuts. Simonetta Sommaruga, 62, suggested that people “turn off the computer when you don’t need it, or turn off lights, or shower together” as part of her measures promoting a 15 […]

Switzerland’s Environment Minister Suggests People Shower Together to Save Energy

Switzerland’s environment minister is facing backlash after recommending that people shower together in an effort to cut energy consumption this winter and fend off power cuts. Simonetta Sommaruga, 62, suggested that people “turn off the computer when you don’t need it, or turn off lights, or shower together” as part of her measures promoting a 15 […]

OPINION: The winter is coming and Europeans are hoping it will be kind to them

So near, yet so far… Europeans are hoping, praying even, that this coming winter will be kind to them. They had their affordable energy in abundance and on tap, they did not have to worry about electric power cuts, there were no government restrictions on how high they could set their thermostats at home or […]

OPINION: The winter is coming and Europeans are hoping it will be kind to them

So near, yet so far… Europeans are hoping, praying even, that this coming winter will be kind to them. They had their affordable energy in abundance and on tap, they did not have to worry about electric power cuts, there were no government restrictions on how high they could set their thermostats at home or […]

Gaza Follows Lebanon With Claims To Gas Fields

On September 13, different Palestinian political factions in Gaza organized a demonstration, coinciding with the inauguration of a sea passage at the Gaza port. The demonstrators chanted for their rights to Gaza’s gas fields, seemingly inspired by Lebanon’s own bid to secure its rights to its natural resources. This Tuesday, Palestinians participated in an event, […]

Gaza Follows Lebanon With Claims To Gas Fields

On September 13, different Palestinian political factions in Gaza organized a demonstration, coinciding with the inauguration of a sea passage at the Gaza port. The demonstrators chanted for their rights to Gaza’s gas fields, seemingly inspired by Lebanon’s own bid to secure its rights to its natural resources. This Tuesday, Palestinians participated in an event, […]

Gaza Follows Lebanon With Claims To Gas Fields

On September 13, different Palestinian political factions in Gaza organized a demonstration, coinciding with the inauguration of a sea passage at the Gaza port. The demonstrators chanted for their rights to Gaza’s gas fields, seemingly inspired by Lebanon’s own bid to secure its rights to its natural resources. This Tuesday, Palestinians participated in an event, […]

UK UnBans Fracking and North Sea reserves, UK to get Massive Amounts of Gas, Could Fuel all Europe

Home » Economy, Environment, Europe » UK UnBans Fracking and North Sea reserves, UK to get Massive Amounts of Gas, Could Fuel all Europe     Liz Truss rolled the dice on her premiership today unveiling a £150billion plan to freeze energy bills for two years and counter Vladimir Putin’s blackmail. Admitting her action is […]

Eurozone Second Quarter Growth Revised Up, Supported by Household Spending

A shopper pays with a euro bank note in a market in Nice, France, on April 3, 2019. (Eric Gaillard/Reuters) BRUSSELS—Eurozone economic growth was stronger than previously estimated in the second quarter, data showed on Wednesday, as household spending recovered after half of year of stagnation despite the squeeze on disposable income from spiraling inflation. […]

ENI: EastMed pipeline to be completed by 2025

The Eastmed pipeline will be fully completed by 2025, ENI official Guido Brusco said earlier on Tuesday during an event in Milan, Reuters reported. EastMed is a subsea pipeline designed to supply natural gas to Europe from the eastern Mediterranean and will start from Israel and go through Cyprus, Greece and reach Italy with a […]

ENI: EastMed pipeline to be completed by 2025

The Eastmed pipeline will be fully completed by 2025, ENI official Guido Brusco said earlier on Tuesday during an event in Milan, Reuters reported. EastMed is a subsea pipeline designed to supply natural gas to Europe from the eastern Mediterranean and will start from Israel and go through Cyprus, Greece and reach Italy with a […]

CERN May Shut Down Large Hadron Collider, Other Particle Accelerators Due to European Energy Crisis

The European Organization for Nuclear Research (CERN) is planning to shut down some of its particle accelerators, including the world’s biggest particle accelerator—the Large Hadron Collider (LHC)—amid an energy crisis in France. CERN, located near the France–Switzerland border, consumes about 200 megawatts of electricity during peak operation. This is nearly a third of the electricity […]

Greek Minister: Energy conservation has to be part of our culture

The state is going to act as a good example when it comes to energy conservation, Minister of State Akis Skertsos said in an interview with public broadcaster ERT on Tuesday. The minister said that the relevant announcements will be made on Wednesday. “With small, smart moves, the national goal of saving energy by 10-15% […]

Greek Minister: Energy conservation has to be part of our culture

The state is going to act as a good example when it comes to energy conservation, Minister of State Akis Skertsos said in an interview with public broadcaster ERT on Tuesday. The minister said that the relevant announcements will be made on Wednesday. “With small, smart moves, the national goal of saving energy by 10-15% […]

Euro Plunges to New 20-year Low After Russian Gas Halt

LONDON—The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. The euro has been increasingly correlated with natural gas prices in recent months, with the former falling when prices of the […]

Euro Plunges to New 20-year Low After Russian Gas Halt

LONDON—The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main pipeline to Europe heightened fears about a deepening energy crisis across the region. The euro has been increasingly correlated with natural gas prices in recent months, with the former falling when prices of the […]

Oil Prices Jump More Than $2 Ahead of OPEC+ Meeting

LONDON—Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day. Brent crude futures advanced by $2.43, or 2.6 percent, to $95.45 a barrel by 0850 GMT after rising 0.7 percent on Friday. […]

Oil Prices Jump More Than $2 Ahead of OPEC+ Meeting

LONDON—Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day. Brent crude futures advanced by $2.43, or 2.6 percent, to $95.45 a barrel by 0850 GMT after rising 0.7 percent on Friday. […]

Global Stocks Sink as Europe Faces New Squeeze on Gas Supply

BEIJING—Global stock markets sank Monday as Europe faced a new squeeze on Russian gas supplies. London and Frankfurt opened lower. Tokyo, Hong Kong, and South Korea fell while Shanghai gained. Oil prices rose more than $2 per barrel while the euro edged lower. Markets were roiled by Russian energy giant Gazprom’s announcement Friday that a […]

Silicon Surface Boosts the Output of Autonomous Power Sources

Research from Australia’s Curtin University has discovered an effective way to enhance the output of autonomous power sources commonly used to power essential mining equipment in underground or remote locations with no power points and where batteries are not practical. Published in the journal “Nano Energy”, the research found that using silicon on the surfaces […]

Silicon Surface Boosts the Output of Autonomous Power Sources

Research from Australia’s Curtin University has discovered an effective way to enhance the output of autonomous power sources commonly used to power essential mining equipment in underground or remote locations with no power points and where batteries are not practical. Published in the journal “Nano Energy”, the research found that using silicon on the surfaces […]

Green, Blue, and Grey Hydrogen—Does It Really Matter?

Commentary Andrew “Twiggy” Forrest, an Australian businessman, has made headlines frequently in the last two years, raving about the merits of green hydrogen and declaiming with equally unrestrained fervour the ridiculousness of blue hydrogen. For the most part, it seems to be a one-man crusade—the rest of the industry seems happy with both blue and […]

Gazprom Piping Gas to Europe via Ukraine After Nord Stream Stoppage

A screen with the logo of Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia, on June 17, 2022. (Anton Vaganov/Reuters) Russia’s Gazprom said it would ship 42.7 million cubic meters (mcm) of natural gas to Europe through Ukraine on Saturday, hours after it announced that flows through the Nord Stream […]

Oil Rallies Ahead of OPEC+ Meeting

LONDON—Oil prices climbed on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5, though concern over China’s COVID-19 curbs and weakness in the global economy continued to limit gains. Brent crude futures rose $2.01, or 2.2 percent, to $94.37 a barrel by 0900 GMT and U.S. West Texas Intermediate […]

Global Stock Markets Mixed Head of Latest US Jobs Reading

BEIJING—European stocks opened higher Friday while Asian markets mostly declined ahead of U.S. jobs data that might reinforce U.S. Federal Reserve plans for more interest rate hikes to cool inflation. London, Frankfurt, and Shanghai rose. Tokyo, Hong Kong, and Sydney declined. Wall Street futures were nearly flat. Oil prices surged $2.50 per barrel. Investors awaited […]

Global Stock Markets Mixed Head of Latest US Jobs Reading

BEIJING—European stocks opened higher Friday while Asian markets mostly declined ahead of U.S. jobs data that might reinforce U.S. Federal Reserve plans for more interest rate hikes to cool inflation. London, Frankfurt, and Shanghai rose. Tokyo, Hong Kong, and Sydney declined. Wall Street futures were nearly flat. Oil prices surged $2.50 per barrel. Investors awaited […]

Global Stock Markets Mixed Head of Latest US Jobs Reading

BEIJING—European stocks opened higher Friday while Asian markets mostly declined ahead of U.S. jobs data that might reinforce U.S. Federal Reserve plans for more interest rate hikes to cool inflation. London, Frankfurt, and Shanghai rose. Tokyo, Hong Kong, and Sydney declined. Wall Street futures were nearly flat. Oil prices surged $2.50 per barrel. Investors awaited […]

Stocks Slide, Dollar Spikes as September Starts With a Bump

LONDON—September got off to a bumpy start as persistent worries about rising global interest rates and recessions hounded stock and bond markets on Thursday and drove the safe-haven U.S. dollar to a 24-year high against the yen. Near 1 percent falls in London, Frankfurt, Paris, and Milan pushed the STOXX 600 to its lowest since […]

Shares Tiptoe Higher Amid Hiatus in Bad News

HONG KONG/LONDON—Shares crept up slightly and bonds held steady on Tuesday as investors awaited the next round of likely gloomy inflation data while also juggling concerns about Europe’s energy crisis, a looming recession, and more rate hikes. The pan-European STOXX index rose nearly 1 percent, led by bank shares as lenders were lifted by increased […]

Climate Activist-Backed MP Defends Shares in Gas and Oil Companies

An Australian parliamentarian backed by a major climate activist group has confirmed that she owns shares in oil and gas producers, refiners, and a toll road operator. As fossil fuel shares remain strong amidst the Russian-Ukraine war, “teal” Independent MP Kylea Tink revealed in a statement of interests filed to parliament that she holds shares […]

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