energy crisis

Sober or bright? Europe faces holidays during energy crunch

Fewer lights are sparkling from the centrepiece tree at the famed Strasbourg Christmas market, which attracts 2 mn people, as the French city seeks to reduce public energy consumption by 10% this year

published on : 26th November 2022

Ukraine battles to restore power after latest Russian barrage

The Ukrainian energy system is on the brink of collapse and millions have been subjected to emergency blackouts for weeks due to systematic Russian bombardments of the grid.

published on : 24th November 2022

UK budget predicted to be a nightmare before Christmas

Britain is likely already in recession after its economy shrank in the third quarter and is set to do so again in the final three months of the year, according to the Bank of England.

published on : 15th November 2022

Poland chooses US to build its first nuclear power plant

Poland has been planning for many years to build a nuclear power plant to gain greater energy independence and replace ageing coal plants.

published on : 29th October 2022

Europe's energy crisis raises firewood prices, theft fears

Russia's slashing of natural gas flow has forced people to seek cheaper heating sources ahead of winter. Firewood prices have skyrocketed across Europe, leading to shortages and thefts.

published on : 27th October 2022

Coal is going to be back again as gas becoming unaffordable: FM Sitharaman

"The Western world has seen countries moving to coal. Austria has already said, and today they are going back to coal," Sitharaman told a group of reporters from India.

published on : 16th October 2022

Energy crisis in European winter

Today Europe is struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep economic recession.

published on : 16th October 2022

EU countries turn to Africa in bid to replace Russian gas

Europe has been scrambling to secure alternative sources as Moscow has reduced natural gas flows to EU countries, triggering soaring energy prices and growing expectations of a recession.

published on : 12th October 2022

EU leaders struggle to bridge gas price cap divide amid Russia’s war on Ukraine fuelling energy crisis

Latvian Prime Minister Krisjanis Karins summed up the challenge for the EU as it considers a possible gas-price ceiling.

published on : 7th October 2022

EU nations struggle to find joint approach on energy prices as Russia chokes off supplies

The energy ministers of the EU's 27 nations could not paper over differences on whether and how to impose a price cap on Russian natural gas, with ever-recalcitrant Hungary refusing to agree.

published on : 10th September 2022

EU wants price cap on Russian gas, energy companies to pay; Putin issues threat

With winter approaching, the 27 EU members are struggling to contain an energy crisis that could lead to rolling blackouts, shuttered factories and a deep recession.

published on : 8th September 2022

As energy crisis looms over Europe, India, China emerge as Russia's new markets

Russia itself has sharply cut flows of natural gas to the EU, indicating this week that they would not resume unless Western sanctions are lifted.

published on : 7th September 2022

Russian energy giant Gazprom further cuts gas deliveries to France

Warnings from the French government have mounted in recent days about possible difficulties this winter due to energy shortages and galloping inflation.

published on : 30th August 2022

Britain to see 80 per cent spike in energy bills as crisis deepens

About 1 million low-income households have had to take on new or extra debt to cover an essential bill, according to a study by the Joseph Rowntree Foundation, a nonprofit focusing on U.K. poverty.

published on : 26th August 2022

Germany: Low Rhine water levels lead to energy crisis

Further up the river in Kaub, a noted bottleneck for shipping where the Rhine runs narrow and shallow, the reference level is forecast to go below 40 centimetres by the end of the week and squeeze tra

published on : 12th August 2022

Russia restarts key gas pipeline Nord Stream 1, shut for maintenance to Europe 

Amid growing tensions over Russia's war in Ukraine, German officials had feared that the pipeline was the country's main source of Russian gas.

published on : 21st July 2022

Russian President Putin warns West of further cut-in oil flow, price rice as consequences of sanctions 

EU approved bans on Russian coal and oil to take effect later this year but did not include natural gas because the 27-nation bloc depends on it to power factories, generate electricity and heat home.

published on : 20th July 2022

Libya energy crisis: Libyans at boiling point amid 18-hour-long power cuts 

The people of Libya are enduring electricity cuts of up to 18 hours a day, despite their country sitting atop Africa's largest proven oil reserves.

published on : 20th July 2022

Economics of war: Europe stares at food, energy shortage as Ukraine-Russia conflict drags on

The continent relies on Russian natural gas, and higher energy prices are flowing through to factories, food costs and fuel tanks.

published on : 18th July 2022

Pakistan PM directs reopening of closed power plants to tackle energy crisis: report

Pakistan has plunged into a crippling electricity crisis that is mostly attributed to mismanagement, inefficiencies, power theft and politically-motivated appointments in the power utilities.

published on : 4th July 2022
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