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gas

Economy 4 years ago

Sri Lanka admits bankruptcy, crisis to drag through 2023

The island nation's 22 million people have endured months of galloping inflation and lengthy power cuts after the government ran out of foreign currency to import vital goods.

Economy 4 years ago

EU plans for life without Russian gas amid inflation spike

A day after celebrations over setting Kyiv on the road to membership of the bloc, Friday's summit in Brussels was a sober reflection on the economic impact of Russia's invasion of Ukraine.

Economy 4 years ago

PREMIUM
As Russia cuts gas, coal makes a comeback in Europe

Globally, coal is the main source of energy for electricity production, but it is also the top producer of greenhouse gases.

Economy 4 years ago

Germany to enter Phase 2 of emergency gas plan

The measure would be the latest escalation in a clash between Europe and Moscow that has exposed the bloc's dependence on Russian gas supplies and the difficulty of finding alternatives for several years.

Europe 4 years ago

Gas flows from Germany to France have halted, pipeline operator says

"GRTgaz remains vigilant for the coming winter and calls on shippers to continue to fill their national storage facilities as much as possible," the grid operator, a unit of France's main gas supplier Engie, said in a statement.

Companies 4 years ago

PREMIUM
Govt signs Rp 1 trillion deal on CISEM gas pipeline with Elnusa

The first section of the CISEM pipeline is to run from Semarang to Batang and cost Rp 1.17 trillion (US$79 million).

Europe 4 years ago

EU readies for end of Russia gas, warns won't pay in rubles

The European Union warned member states Monday to prepare for a possible complete breakdown in gas supplies from Russia, insisting it would not cede to Moscow's demand that imports be paid for in rubles.