Heating your home will be $177 more this winter
NEW YORK – If heating your home was expensive last year, you might want to budget for more this winter – and possibly years to come. The average cost of home … Read More
Tag: Energy
Europe’s week: Energy crisis dominates Brussels and Gorbachev dies
Many of the top stories in the European Union this past week were related to the ongoing energy crisis as leaders rush to prepare what could be for a difficult … Read More
Europe’s gas prices have broken a new record. How high can they go?
There’s no stopping Europe’s gas bills. On Wednesday, future gas prices at the Title Transfer Facility (TTF), the continent’s leading trading hub, reached €292 per megawatt-hour, a stratospheric figure compared … Read More
Explained: What is Gazprom and what makes it so powerful?
Europe is on edge, following Gazprom’s energy move. The energy giant has already reduced gas flows to 12 EU countries, either partially or completely. Dwindling supplies are sending prices soaring … Read More
Rhine River could fall below critical mark, risking industry
Water levels on the Rhine River could reach a critically low point in the coming days, German officials said Wednesday, making it increasingly difficult to transport goods — including coal … Read More
Harris, Dems push climate, energy, tax bill through initial Senate hurdle
Senate Democrats cleared a major hurdle Saturday to clears the way to the passing of a massive $433 billion tax, healthcare and climate-change package. Vice President Kamala Harris served as … Read More
BP earnings triple as energy firm profits from rising prices
BP’s earnings tripled in the second quarter as the British energy giant profited from oil and natural gas prices that soared after Russia invaded Ukraine. London-based BP said Tuesday that … Read More
Tieless Pedro Sánchez asks Spaniards to ditch the tie to save energy
Ditch the tie, save energy. That’s the new motto of Pedro Sánchez, Spain’s prime minister, who on Friday showed up tieless at a press conference and made the fashion appeal to … Read More
Inflation across the eurozone reaches new all-time high of 8.9%
Inflation across the eurozone has reached a new all-time high of 8.9% in July, up from 8.6% in June. A total of 10 states that use the single currency appear … Read More
Winter is coming: All you need to know about the EU’s 15% gas reduction plan
The European Union is preparing for a worst-case scenario this winter, accusing Russia of potentially weaponising energy. With 12 EU countries subject to partial or complete interruptions of Russian gas, … Read More
