energy resources

Why International Climate Conferences Are Failing and What We Should Do Instead: The Case for Narrower Binding Agreements

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Why International Climate Conferences Are Failing and What We Should Do Instead: The Case for Narrower Binding Agreements

Instead of focusing heavily on international climate conferences, which require unanimous support, and relying on voluntary commitments that ultimately have little impact on emissions, policymakers should pursue narrower binding agreements. We already know that this strategy works and is scalable. Mere observers of the recent United Nations Climate Change Conference (COP28) in Dubai could be … Read more

Natural gas prices could rise in the coming months. Will it surpass last year’s record?

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Natural gas prices could rise in the coming months. Will it surpass last year’s record?

Europe can breathe a sigh of relief for now. Thanks to a particularly mild winter and a successfully developed strategy of diversifying supplies and reducing consumption, Europe avoided a catastrophic energy crisis that threatened to unfold after Russia’s invasion of Ukraine. Unused gas storage capacity is around 60%, which is ten percentage points above the … Read more

Gazprom has believed the drop in gasoline demand from customers

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Gazprom has believed the drop in gasoline demand from customers

Image: GTS operator of Ukraine European nations around the world were equipped to decrease fuel buys from Russia – – EU nations and the British isles have lessened desire for Russian gasoline by almost 35 billion cubic meters. In 2022, the demand for gasoline lowered by 40 billion cubic meters. This evaluation, Wednesday, August 31, … Read more

Russia announces gas shutoff for Finland

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Russia announces gas shutoff for Finland

Photo: Gasum Finland decided to do without Russian gas – – The Finnish side expressed regret in connection with the actions of Russia, but assured that it had carefully prepared for such a development of events. Russian gas monopoly Gazprom will stop gas supplies to Finland from May 21. About it informed Finnish gas company … Read more

Putin commented on plans for an oil and gas embargo

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Putin commented on plans for an oil and gas embargo

Putin held the meeting online – – Europe could become the region with the highest prices for gas and oil in the event of abandoning Russia’s energy resources, Putin said. A number of European countries will not be able to give up Russian oil and gas for quite some time, Russian President Vladimir Putin believes. … Read more

The EU called the deadlines for the rejection of coal and oil of the Russian Federation

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The EU called the deadlines for the rejection of coal and oil of the Russian Federation

Photo: AP EU not to stop importing Russian gas this year – – In the summer, the EU plans to stop importing Russian coal, and before the end of the year – oil. Also reduce gas supplies. The European Union intends to stop buying Russian coal and oil this year, said German Chancellor Olaf Scholz, … Read more

Russia begins gas blackmail of Europe – Yermak

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Russia begins gas blackmail of Europe – Yermak

Photo: Press Service of the President of Ukraine Head of the Office of the President Andriy Yermak – – The Russian Federation is proving that energy resources are a weapon for it. Therefore, the EU needs to be united and impose an embargo on them. Russia stops deliveries of its gas to European countries in … Read more

Germany is ready to abandon coal and oil from Russia by the end of the year – Scholz

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Germany is ready to abandon coal and oil from Russia by the end of the year – Scholz

Germany can quickly eliminate dependence on Russian energy resources, the German chancellor expressed confidence. Germany can quickly get rid of dependence on Russian energy resources. Coal and oil from Russia may stop buying before the end of the year. This was stated by German Chancellor Olaf Scholz, writes Reuters. “We will be able to get … Read more

Ukraine demands an embargo on Russian oil and gas

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Ukraine demands an embargo on Russian oil and gas

In the near future, Russian banks will be disconnected from the SWIFT system, but Ukraine demands even more restrictions. Ukraine demands a complete embargo on the trade in Russian oil and gas in the world, said on Tuesday, March 1, Foreign Minister Dmitry Kuleba. “The first decisions in this direction have already been made by … Read more