Tag: Energy crisis
Denmark Banks Hand Out Blankets to Staff After Cutting Heating to 19 Degrees C
Danish banks are handing out blankets to chilly staff members after the government imposed regulations...
Traders are Profiting $133 Million Per Shipment to Send US Natural Gas to Europe
Firms who have pockets deep enough to transact in the world of liquified natural gas are profiting $133...
Germany, EU Race to Fix Energy Crisis
BERLIN/FRANKFURT — Germany will step up lending to energy firms at risk of being crushed by soaring gas...
Concerns Over Soaring Electricity Prices Hinted At in Elon Musk’s Oil and Gas Remarks, Strategist Says
Elon Musk’s recent comments about how the world needs to continue to rely on oil and gas, as a transition...
German Economy Likely Already in a Recession, Will Last Three Quarters: Reuters Poll
The German economy is on track to contract for three consecutive quarters starting from this one, according...
California Declares State of Emergency as Record Heat Wave, Drought, Spurs Electricity Shortage
California’s power grid has issued an emergency alert that it is running out of available electricity...
Brits to be Paid ‘Bonuses’ in Subsidized Energy Rationing Scheme
The British energy regulator will hand out bonuses to people with low energy consumption, luring them...
Almost 20% of US Households Past Due on Utility Bills
Nearly a fifth of American households are past due on utility bills, states an NGO, as the world enters...
UK Government Prepares for Winter Blackouts, Natural Gas Rationing
The government of the United Kingdom has initiated preparations for how to handle a potential winter...
Rhine River Just 1.5 Feet Deep in Some Areas as Heatwave Scours Europe
The Rhine River, a major thoroughfare via Germany that connects the Netherlands, France, and Austria,...
Cuba’s Largest Power Plant Offline After Massive Oil Depot Fire Enters Third Day
Cuba, one of the world’s few openly communist countries, is facing a serious crisis after a series of...
UK Utilities Payment Boycott Protest Garners 90,000 Supporters
A recently organized UK protest movement claims more than 90,000 people have pledged to stop paying their...