Tag: Energies
Spain and Portugal cap gas prices to reduce household electricity bills
On March 24 and 25, during a European summit, Spain and Portugal had stated the need to cap the price of gas, in order to deal with the vagaries of…
oil production still blocked by the absence of a revenue distribution mechanism
The speaker of the House of Representatives in Libya, Aguila Saleh, sets his conditions for the resumption of oil production blocked for more than three weeks. He assured Richard Norland,…
Brazzaville in search of fuel
For more than ten days, gasoline and sometimes even diesel fuel have been scarce at the pumps in Brazzaville, the Congolese capital, where economic activity has been disrupted. Motorists are…
Algiers reduces the amount of gas sent to Spain
Algeria cut the amount of gas it delivers to Spain by nearly a quarter last week. This is revealed by the Spanish press while Algiers, a major gas supplier for…
Hungary slows down European plan to embargo Russian oil
Hungarian Prime Minister Viktor Orban toughened his tone on Friday May 6, saying that the European Commission’s proposal to ban purchases of oil and petroleum products from Russia by the…
Italy releases an additional 14 billion euros in the face of soaring prices
To compensate for the rise in energy prices, Italy is releasing 14 billion euros in additional aid. Rome will finance this new support through a tax on the profits of…
the delicate quest for a common position within the European Union
The energy ministers of the European Union are holding an emergency meeting on Monday 2 May. Their objective: to agree on a common position in the face of Russia’s demand…
trains requisitioned, millions of passengers blocked
In order to get coal to power stations to respond to the energy crisis, the Indian government has commandeered hundreds of train lines. This emergency measure affects millions of workers…
The debate on energies invites itself to Mars
Go to Mars, that’s good. Moving there is even better. But for all this, it will take energy. Electricity in particular. And as well as on Earth, the question now…
Zero growth, record inflation: “We could have a deterioration in the 3rd quarter”
France recorded zero growth in the first quarter of 2022. Is the country at risk of falling back into “stagflation” like in the 1970s when growth stagnated and inflation soared.…