Europe is burning money to help businesses worsen the energy crisis

Register now for FREE unlimited access to Reuters.com Sign in Gas prices in Europe have skyrocketed in the midst of the Ukrainian crisis Utilities face a liquidity crisis Germany “will do all it can” to help businesses Russian mobilization raises the price of oil BERLIN / LONDON / HELSINKI, Sept. 21 (Reuters) – Germany nationalized … Read more

Europe is racing to prepare for this winter’s energy crisis

Spain may close energy-intensive industries at peak times France prepares to send gas to Germany in October Germany will sign LNG contracts in the UAE Berlin is still working on rescuing Uniper BERLIN / PARIS, 19 Sept. (Reuters) – European governments on Monday outlined new measures to address potential energy shortages this winter and competed … Read more

Germany takes control of the Russian-owned refinery during the energy crisis

Register now for FREE unlimited access to Reuters.com Sign in The German energy industry falters after the war in Ukraine The German regulator now has control of the Schwedt refinery The Schwedt refinery is a major fuel source for Berlin PKN interested in controlling stake in refinery – sources BERLIN, 16 Sept. (Reuters) – Germany … Read more

EXCLUSIVE US weighs China’s sanctions to discourage Taiwan’s action, Taiwan presses the EU

TAIPEI / FRANKFURT / WASHINGTON, Sep 13 (Reuters) – The United States is considering options for a sanctions package against China to dissuade it from invading Taiwan, with the European Union coming under diplomatic pressure from Taipei to do the same , according to sources familiar with the discussions. The sources said the separate Washington … Read more

The eyes of the EU are forcing fossil fuel companies to help consumers survive the energy crisis

Register now for FREE unlimited access to Reuters.com Sign in BRUSSELS, Sep 12 (Reuters) – Fossil fuel companies may have to share their excess profits to help European households and industries cope with scorching energy bills, a European Union draft plan showed on Monday how the cost of “war.” energy “of the West with Russia … Read more

Explanation: The G7 maximum price on Russian oil is starting to take shape

A 3D printed oil barrels model is seen in front of the displayed stock chart going down in this illustration taken, December 1, 2021. REUTERS / Dado Ruvic / Illustration / File Photo Register now for FREE unlimited access to Reuters.com Sign in WASHINGTON, Sep 12 (Reuters) – Group of Seven countries are working to … Read more

EXCLUSIVE The German Ministry of Economy examines measures to curb business in China

Employees work on the assembly line during a construction completion event for the SAIC Volkswagen MEB electric vehicle plant in Shanghai, China, November 8, 2019. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Sign in Berlin reviews Chinese investments, export guarantees, trade fairs Germany plans to publish the new strategy for … Read more

EU EXCLUSIVE, US step up Russian imports of aluminum and nickel from war in Ukraine

Aluminum blocks are seen in the Wagner Automotiv factory in Gradacac, Bosnia and Herzegovina, February 8, 2022. REUTERS / Dado Ruvic / file Photo Register now for FREE unlimited access to Reuters.com Sign in The EU and the US have largely spared the Russian metallurgical sector from sanctions The EU increases Russian aluminum imports by … Read more

UN inspectors arrive at the Ukrainian nuclear power plant after the bombings cause delays

The team was delayed for several hours by shelling near the plant Each side accuses the other of attempting to sabotage the IAEA mission Bombings reported at Enerhodar, site of the plant, during the night Ukraine claims success on the counter-offensive ZAPORIZHZHIA, Ukraine, Sept. 1 (Reuters) – A team of UN experts arrived at Ukraine’s … Read more

Russia strengthens Europe’s energy squeeze with new gas suspension

Register now for FREE unlimited access to Reuters.com Sign in Outage for maintenance on the Nord Stream pipeline 1 No flow to Germany 0100 GMT, 31st August – 0100 GMT, 3rd September European governments fear Moscow may extend the hiatus German regulator: we are saving gas, we must continue to do so Siemens Energy: not … Read more