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Tag: International Energy Agency (IEA)

China Unveils $72 Billion Tax Break for Electric Vehicles Amidst Weakening Demand
On June 21, China unveiled a 520 billion yuan (US $72.3 billion) tax incentive for buyers of electric...
Oil Prices Fall More Than 3% on Recession Worries
Oil prices plummeted more than 3% on Friday as global recession fears and weak oil demand, especially...
A physical exit point and compressor gas station of the Yamal–Europe gas pipeline in Poland. The 4,107-kilometer Yamal–Europe pipeline provides 40% of the natural gas to Europe, connecting Russia's Yamal Peninsula natural gas fields with Poland and Germany through Belarus.
Sanctions Hurt Europe and Make Russia Rich as Gas Prices Soar
On Thursday, March 3, gas was halted in the Yamal-Europe pipeline stretching from Russia to Germany amidst...
Biden Administration Bans All Russian Oil and Gas Imports Into the US
On Tuesday, March 8, U.S. President Joe Biden announced a ban on all Russian oil and other energy imports...
China Uncommitted to Washington’s Oil Reserve Release Plan Despite Rising Prices
The United States, which has been battling the fastest increase in inflation in three decades has witnessed...