ELUT

The EU seeks $140 billion to insulate consumers from the energy crisis

Russia has steadily cut gas supplies to Europe European governments fork out billions to help businesses EU’s von der Leyen says aid so far ‘will not be enough’ BRUSSELS/DUESSELDORF, Sept 14 (Reuters) – The European Union’s executive outlined plans on Wednesday to raise more than $140 billion from energy firms to help shield households and …

The EU seeks $140 billion to insulate consumers from the energy crisis Read More »

Germany keeps two nuclear reactors on standby to weather the gas crisis

A general view shows the nuclear power plant Isar 2 by the river Isar in Eschenbach near Landshut, Germany, August 17, 2022. REUTERS/Christian Mang/File Photo Register now for FREE unlimited access to Reuters.com Register All nuclear reactors still to go offline at year-end Two reactors to remain in reserve in case of shortages Crises in …

Germany keeps two nuclear reactors on standby to weather the gas crisis Read More »

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule out gas rationing Says market banned by ‘Lehman Brothers’ moment Alarm stage decision does not change status quo: E.ON BERLIN, June 23 (Reuters) – Germany triggered the “alarm stage” of its emergency gas plan on Thursday …

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’ Read More »

Europe may shift back to coal as Russia turns down gas flows

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke / File Photo Register now for FREE unlimited access to Reuters.com Register Germany may take ‘painful’ move to fire up coal power Italy, Austria are also looking at burning more coal …

Europe may shift back to coal as Russia turns down gas flows Read More »

Russian gas flows to Europe fall, hindering bid to refill stores

Nord Stream 1 pipeline capacity down to 40% Europe’s gas price jumps up to 30% after disruption news Gazprom blames cuts on equipment delays from Canada Freeport LNG terminal in US offline until September LONDON, June 16 (Reuters) – Russian gas supply to Europe via the Nord Stream 1 pipeline fell further on Thursday and …

Russian gas flows to Europe fall, hindering bid to refill stores Read More »