Biden’s LNG ban dangerous for industry’s future – energy bosses — RT Business News

Biden’s LNG ban dangerous for industry’s future – energy bosses — RT Business News

Source link Washington paused approvals for new gas export terminals for what it called climate-change reasons The temporary halt of approvals for new LNG export terminals by the administration of US President Joe Biden will undermine trust in the industry, Shell CEO Wael Sawan told the Financial Times in an interview on Sunday. “I don’t […]

Red Sea crisis exposing EU energy weakness – FT   — RT Business News

Red Sea crisis exposing EU energy weakness – FT   — RT Business News

Source link Diesel prices have jumped amid fears of disruptions in supply to the bloc, according to the outlet The surge in global diesel prices to an almost three-month high amid shipping disruptions is threatening to test the resilience of EU economies, the Financial Times reported on Wednesday. The rising prices reflect concerns among traders […]

Western Europe’s energy supply ‘vulnerable’ – Bloomberg — RT Business News

Western Europe’s energy supply ‘vulnerable’ – Bloomberg — RT Business News

Source link Giving up Russian gas for US LNG undermines the region’s security, analysts say Replacing Russian gas with liquefied natural gas (LNG) from the US has exposed the EU’s energy system to major security risks, Bloomberg has reported, citing industry experts. The US, which started exporting its shale gas only in 2016, is currently […]

Ecuador tightens security at energy facilities — RT Business News

Ecuador tightens security at energy facilities — RT Business News

Source link Ecuadorian state-run oil producer Petroecuador has announced that it has stepped up security measures at its facilities amid ongoing unrest in the country. The move follows a state of “internal armed conflict” declared by Ecuadorian President Daniel Noboa on Tuesday, after gunmen stormed a TV station and attacked police officers around the country. […]

Ukrainians urged to slash energy consumption — RT Russia & Former Soviet Union

Ukrainians urged to slash energy consumption — RT Russia & Former Soviet Union

Source link Electricity usage has increased by 13% as the country enters a period of extreme cold, the national grid operator has said Ukrainian authorities have asked citizens to conserve energy, warning that a surge in consumption during a spell of bad weather is putting too much strain on the national power grid. The country’s […]

Era of cheap energy over – Germany’s grid agency boss — RT Business News

Era of cheap energy over – Germany’s grid agency boss — RT Business News

Source link Households in Germany will continue to struggle with high electricity and heating costs amid the cost-of-living crisis, Der Spiegel reported on Wednesday, citing the country’s Federal Network Agency. The warning comes despite the recent fall in household energy prices, which have decreased 4.5% this year up to November 2023. “The era of cheap […]

Russian energy revenues this year almost same as 2021 – Deputy PM — RT Business News

Russian energy revenues this year almost same as 2021 – Deputy PM — RT Business News

Source link The sanctions-hit nation earned nearly $100 billion through sales of oil and gas, Alexander Novak says The proceeds from Russia’s export of oil and gas contributed about $100 billion (nine trillion rubles) to the budget this year, Deputy Prime Minister Alexander Novak has revealed, close to revenue levels recorded in 2021, before the […]

EU’s Borrell admits repercussions from losing Russian energy — RT World News

EU’s Borrell admits repercussions from losing Russian energy — RT World News

Source link The bloc has paid a high price for cutting economic ties with Moscow, Brussels’ top diplomat has said By weaning itself off Russian energy after the start of the Ukraine conflict, the EU may have simply traded one dependency for another, the bloc’s top diplomat Josep Borrell has said. Speaking at a geopolitical […]

British household energy debt highest ever – regulator — RT Business News

British household energy debt highest ever – regulator — RT Business News

Source link British households have piled up record debts of almost £3 billion ($3.8 billion) with electricity and gas suppliers, national energy regulator Ofgem has revealed. The total amount owed to energy suppliers has soared by £400 million since mid-October, according to a report released on Friday. It is now at its highest ever level […]

Russia not to blame for EU energy crisis – Putin — RT Business News

Russia not to blame for EU energy crisis – Putin — RT Business News

Source link Moscow fulfills its gas export obligations, including transit through Ukraine, the president has said Accusations that Russia has stopped natural gas supplies to the EU are “complete nonsense,” President Vladimir Putin stated on Thursday. The decline in gas exports to the bloc which resulted in a protracted energy crisis is not the fault […]

Billionaire shows world’s largest green energy park ‘visible from space’ — RT India

Billionaire shows world’s largest green energy park ‘visible from space’ — RT India

Source link Indian tycoon Gautam Adani shared pictures of his venture in Gujarat that will power over 20 million homes India’s second-richest man, Gautam Adani, who is developing the world’s largest green energy park in the Rann of Kutch desert in the Gujarat state bordering Pakistan, has shared a glimpse of the project that he […]

Tycoon urges Russia to meet US energy threats head-on — RT Business News

Tycoon urges Russia to meet US energy threats head-on — RT Business News

Source link Moscow should take seriously the US threat to halve Russia’s energy revenues, billionaire Oleg Deripaska said on Saturday, citing last year’s sabotage of the Nord Stream pipelines and a recent train derailment in Siberia. The Russian aluminum magnate urged the government to focus on transport networks and port infrastructure in the country’s Far […]