The G7 countries have decided to implement a “price cap” on Russian oil. What that means, is that say Russia wanted $100 for their oil, the G7 countries would onlyContinue readingRussia has shutdown all natural gas supplies to Europe
Tag: #gazprom
What are the chances of power cuts this Winter?
Not only will energy companies in the UK be raising prices by 86% from October, and again in January 2023, by another 20%, there is now a real possiblility ofContinue readingWhat are the chances of power cuts this Winter?
Sunak’s swimming pool will cost a lot less to heat with an energy price freeze that poor folk will pay for
Wholesale energy prices are skyrocketing due to supply not keeping up with demand. Gazprom has choked gas supplies to Europe by 80% and that creates even more demand for gasContinue readingSunak’s swimming pool will cost a lot less to heat with an energy price freeze that poor folk will pay for
Germans know that this winter will be bad, that’s why they’re Googling for firewood
The decision by Gazprom to reduce gas flows to Europe, via the Nordstream 1 pipeline, by 80%, have led to big problems for Germany, because gas storage levels are nowhereContinue readingGermans know that this winter will be bad, that’s why they’re Googling for firewood
Oktoberfest and Christmas Markets may be cancelled this year due to Russian gas insufficiences
Germany is looking for ways to save gas for the coming winter. Gas storage in the country is nowhere near the levels necessary for the coming seasonal demand. This isContinue readingOktoberfest and Christmas Markets may be cancelled this year due to Russian gas insufficiences