Fatih Birol, executive director of the International Energy Agency (IEA), said Wednesday that the European Union could face a shortage of about 27 billion cubic meters of gas in 2023, or about 6.8 percent of the bloc's benchmark total gas demand.…
Russian president demanded that exports of Russian gas to "unfriendly" countries be settled in rubles. The demand has raised concerns in Germany about possible supply disruptions and the impact on industry and households if utilities do not pay in ro…
A recent poll in Britain found that public support for sanctions against Russia is falling as fuel and prices rise. The proportion of people willing to accept higher fuel prices as a result of western sanctions against Russia fell 14 percentage poin…
U.S. companies face pressure from rising raw material prices The second-quarter performance report released by General Electric on the 27th showed that despite the significant increase in revenue, like many companies that have recently announced thei…