Tag #Energy Security

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kathimerini.gr

🌐 85% Global Worthiness

Feb 13, 10:10

Greece Faces Energy Crisis Amidst Soaring Natural Gas Prices

Soaring natural gas prices are creating a difficult situation for Greece, where natural gas's share in electricity generation increased from 36% in January 2024 to 56.3% currently, causing a 45% rise in wholesale electricity prices in January 2025 compared to January 2024, impacting households and b...

Greece Faces Energy Crisis Amidst Soaring Natural Gas Prices

Soaring natural gas prices are creating a difficult situation for Greece, where natural gas's share in electricity generation increased from 36% in January 2024 to 56.3% currently, causing a 45% rise in wholesale electricity prices in January 2025 compared to January 2024, impacting households and b...

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What is the immediate impact of the increased natural gas prices on the Greek economy, and what specific measures are being considered to address this impact?

Greece is facing a challenging situation due to the soaring natural gas prices, impacting its electricity costs significantly. The country's reliance on natural gas for power generation has risen to 56.3%, leading to a 45% increase in the average wholesale electricity price in January compared to January 2024. This increase is affecting both households and businesses during a period of prolonged inflation.

theguardian.com

🌐 85% Global Worthiness

Feb 13, 16:08

Elliott Management's \$3.8 Billion BP Stake Prompts Company Strategy Reset

Elliott Management, an activist hedge fund, acquired a nearly \$3.8 billion stake in BP, becoming its third-largest shareholder and prompting BP to announce a strategic "reset" potentially involving scaling back its green energy investments.

Elliott Management's \$3.8 Billion BP Stake Prompts Company Strategy Reset

Elliott Management, an activist hedge fund, acquired a nearly \$3.8 billion stake in BP, becoming its third-largest shareholder and prompting BP to announce a strategic "reset" potentially involving scaling back its green energy investments.

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What immediate changes is Elliott Management likely to demand from BP, and what are the potential consequences for the company's operations and environmental commitments?

Elliott Management, an activist hedge fund, acquired a 5% stake in BP, becoming its third-largest shareholder. This significant investment is expected to pressure BP to make substantial changes, potentially including a company restructuring and a shift away from its green energy commitments. BP's CEO, Murray Auchincloss, responded by announcing a "fundamental reset" of the company's strategy.

dw.com

🌐 85% Global Worthiness

Feb 13, 19:08

Ukrainian Drone Attacks Cripple 10% of Russian Oil Refining Capacity

Ukrainian drone attacks on Russian oil refineries in January 2025 damaged roughly 10% of refining capacity, affecting fuel production at multiple sites and causing delays; sanctions are concurrently impacting Russia's ability to export oil using its "shadow fleet", leading to increased transportatio...

Ukrainian Drone Attacks Cripple 10% of Russian Oil Refining Capacity

Ukrainian drone attacks on Russian oil refineries in January 2025 damaged roughly 10% of refining capacity, affecting fuel production at multiple sites and causing delays; sanctions are concurrently impacting Russia's ability to export oil using its "shadow fleet", leading to increased transportatio...

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What is the immediate impact of the Ukrainian drone attacks on Russia's oil refining capacity and fuel production?

In January 2025, Ukrainian drone attacks damaged approximately 10% of Russia's oil refining capacity, impacting several major refineries including Ryazan, Volgograd, and Astrakhan. These refineries may remain offline for weeks or months, significantly disrupting fuel production.

nos.nl

🌐 85% Global Worthiness

Feb 13, 22:08

High Natural Gas Prices in Netherlands Spur Government Action

Due to high demand, low renewable energy production, and low gas storage levels, natural gas prices in the Netherlands have risen sharply to "55.66 euros per megawattuur", increasing consumer prices to "1.40 euros per cubic meter" for new contracts, exceeding the 2023 price cap; the government is ex...

High Natural Gas Prices in Netherlands Spur Government Action

Due to high demand, low renewable energy production, and low gas storage levels, natural gas prices in the Netherlands have risen sharply to "55.66 euros per megawattuur", increasing consumer prices to "1.40 euros per cubic meter" for new contracts, exceeding the 2023 price cap; the government is ex...

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How do the reduced renewable energy production and the necessity to refill gas storage impact the international gas market and consumer prices?

Increased gas prices are driven by several factors: high energy demand during winter, reduced renewable energy production due to weather conditions, and the need to refill gas storage. These factors create upward pressure on the international gas market, impacting consumer prices despite a recent 8% price drop following news of potential German storage regulation relaxations. This price increase necessitates government intervention, with discussions underway regarding energy taxes and the continuation of energy support funds.

lefigaro.fr

🌐 75% Global Worthiness

Feb 13, 16:08

France Curbs Solar Panel Growth to Boost Domestic Production

The French government plans to curb photovoltaic installations, prioritizing self-consumption and delaying larger projects until domestic production from gigafactories increases, impacting thousands of jobs and numerous companies.

France Curbs Solar Panel Growth to Boost Domestic Production

The French government plans to curb photovoltaic installations, prioritizing self-consumption and delaying larger projects until domestic production from gigafactories increases, impacting thousands of jobs and numerous companies.

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What are the main arguments for and against the government's decision to prioritize domestic production of solar panels and limit imports?

This policy shift aims to bolster the French solar panel manufacturing industry by prioritizing domestic production and reducing reliance on imports, particularly from China. The government hopes that this will create local jobs and ensure the long-term resilience of the energy sector. However, this comes at the cost of slowing down solar energy deployment in the short term.

aljazeera.com

🌐 95% Global Worthiness

Feb 12, 07:08

Ukraine and Russia Exchange Strikes, Damaging Energy Infrastructure

On February 12th, a Ukrainian drone strike targeted a Saratov oil refinery, while Russia launched a large-scale missile and drone attack on Ukraine, damaging energy facilities and prompting power restrictions; Russia also claimed to have taken Yesenove in eastern Ukraine.

Ukraine and Russia Exchange Strikes, Damaging Energy Infrastructure

On February 12th, a Ukrainian drone strike targeted a Saratov oil refinery, while Russia launched a large-scale missile and drone attack on Ukraine, damaging energy facilities and prompting power restrictions; Russia also claimed to have taken Yesenove in eastern Ukraine.

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Peace, Justice, and Strong Institutions

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What were the immediate consequences of the reciprocal attacks on energy infrastructure in both Russia and Ukraine?

On February 12th, a Ukrainian drone attack damaged a Russian industrial facility in Saratov, reportedly an oil refinery supplying Russian forces. Russia claimed to have intercepted 40 Ukrainian drones and asserted control over the Yesenove settlement in eastern Ukraine. Simultaneously, Russia launched a large-scale drone and missile attack on Ukraine, damaging natural gas facilities in Poltava and prompting power restrictions.

kathimerini.gr

🌐 85% Global Worthiness

Feb 13, 10:10

Greece's Energy Push: EGYPES 2025 and New Hydrocarbon Licenses

Greece's strong presence at the EGYPES 2025 oil and gas exhibition in Cairo (Feb 17-19) coincides with new hydrocarbon exploration licenses in the Peloponnese and Crete, attracting major international players like Chevron and ExxonMobil, while a recent successful bond issuance indicates strong inves...

Greece's Energy Push: EGYPES 2025 and New Hydrocarbon Licenses

Greece's strong presence at the EGYPES 2025 oil and gas exhibition in Cairo (Feb 17-19) coincides with new hydrocarbon exploration licenses in the Peloponnese and Crete, attracting major international players like Chevron and ExxonMobil, while a recent successful bond issuance indicates strong inves...

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How might the success of Greece's hydrocarbon exploration concessions impact future investments in the Greek energy sector?

The timing of EGYPES 2025 aligns with Greece's new hydrocarbon exploration concessions, attracting significant international energy companies like Chevron and ExxonMobil. This presents a strategic opportunity for Greece to showcase its potential and attract further investment in the energy sector.

repubblica.it

🌐 85% Global Worthiness

Feb 13, 16:08

India's Natural Gas Demand to Surge 60% by 2030

India's natural gas demand is set to increase by almost 60% in the next five years, reaching 103 bcm annually by 2030, driven by infrastructure expansion, rising domestic production, and easing global market conditions, according to the IEA.

India's Natural Gas Demand to Surge 60% by 2030

India's natural gas demand is set to increase by almost 60% in the next five years, reaching 103 bcm annually by 2030, driven by infrastructure expansion, rising domestic production, and easing global market conditions, according to the IEA.

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How will the expansion of India's natural gas infrastructure, including CNG distributors and pipelines, impact the growth of gas consumption across different sectors by 2030?

This dramatic increase follows a period of slow growth and periodic declines. The International Energy Agency (IEA) attributes the turning point to the last two years (2023-2024), when demand rose by over 10%. The IEA highlights the crucial role of infrastructure development, with a near quadrupling of CNG distributors and more than doubling of residential gas connections since 2019.

nos.nl

🌐 85% Global Worthiness

Feb 13, 22:08

Dutch Natural Gas Prices Surge Amid High Demand and Low Storage

High natural gas prices in the Netherlands, currently at "55.66 euros per megawatt-hour", are driven by high demand due to cold weather and low renewable energy production, coupled with low gas storage levels; new yearly contracts cost "1.40 euros per cubic meter", exceeding the 2023 price cap for s...

Dutch Natural Gas Prices Surge Amid High Demand and Low Storage

High natural gas prices in the Netherlands, currently at "55.66 euros per megawatt-hour", are driven by high demand due to cold weather and low renewable energy production, coupled with low gas storage levels; new yearly contracts cost "1.40 euros per cubic meter", exceeding the 2023 price cap for s...

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What are the primary causes of the current surge in natural gas prices in the Netherlands, and what are the immediate consequences for consumers?

The price of natural gas in the Netherlands has significantly increased, reaching "55.66 euros per megawatt-hour" today, compared to "29.66 euros" a year ago. This surge is due to high demand driven by cold weather and low wind speeds, coupled with suboptimal gas storage levels. Consequently, new yearly gas contracts for consumers now cost an average of "1.40 euros per cubic meter", up from "1.22 euros", exceeding the 2023 price cap in some cases.

nos.nl

🌐 85% Global Worthiness

Feb 13, 22:08

Dutch Natural Gas Prices Surge Amid High Demand and Low Storage

High natural gas prices in the Netherlands have reached €55.66 per megawatt-hour, driven by high demand, low renewable energy production, and insufficient gas storage, resulting in increased consumer bills averaging €1.40 per cubic meter for new contracts, exceeding the 2023 price cap in some cases.

Dutch Natural Gas Prices Surge Amid High Demand and Low Storage

High natural gas prices in the Netherlands have reached €55.66 per megawatt-hour, driven by high demand, low renewable energy production, and insufficient gas storage, resulting in increased consumer bills averaging €1.40 per cubic meter for new contracts, exceeding the 2023 price cap in some cases.

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What are the key factors driving the increase in natural gas prices in the Netherlands, and what are the immediate consequences for consumers?

Natural gas prices in the Netherlands have surged, reaching €55.66 per megawatt-hour, up from €29.66 a year ago. This increase is driven by high demand due to cold weather and low wind speeds, coupled with less-than-optimal gas storage levels. Consumers face higher bills, with new yearly contracts averaging €1.40 per cubic meter, exceeding the 2023 price cap in some cases.

theglobeandmail.com

🌐 75% Global Worthiness

Feb 13, 01:08

Pacific Future Energy Cancels Proposed West Coast Refinery Project

Pacific Future Energy cancelled its plan for a West Coast refinery near Kitimat, B.C., designed to process Alberta bitumen for export to Asia, after facing regulatory hurdles and community opposition; the company formally notified the Impact Assessment Agency of Canada in December 2023.

Pacific Future Energy Cancels Proposed West Coast Refinery Project

Pacific Future Energy cancelled its plan for a West Coast refinery near Kitimat, B.C., designed to process Alberta bitumen for export to Asia, after facing regulatory hurdles and community opposition; the company formally notified the Impact Assessment Agency of Canada in December 2023.

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What are the immediate consequences of Pacific Future Energy's decision to cancel its West Coast refinery project?

Pacific Future Energy, a B.C.-based company, has cancelled its proposal to build a West Coast refinery for exporting refined petroleum products to Asia. This decision terminates the environmental assessment process and prevents the construction of a facility near Kitimat that would have processed 200,000 barrels of Alberta bitumen daily. The company's CEO, Samer Salameh, formally notified the Impact Assessment Agency of Canada in December 2023.

mk.ru

🌐 90% Global Worthiness

Feb 12, 13:16

Russia's February 11th Attack Cripples Ukraine's Energy Grid

Russia launched a massive February 11th attack on Ukraine using missiles and drones, targeting energy infrastructure including the Yablunivske gas field, causing widespread power outages and exacerbating Ukraine's energy crisis stemming from both Russian actions and Ukrainian policy failures.

Russia's February 11th Attack Cripples Ukraine's Energy Grid

Russia launched a massive February 11th attack on Ukraine using missiles and drones, targeting energy infrastructure including the Yablunivske gas field, causing widespread power outages and exacerbating Ukraine's energy crisis stemming from both Russian actions and Ukrainian policy failures.

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Clean Water and Sanitation

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How did Ukraine's energy policies contribute to its current energy crisis, and what role did Russia play?

This attack follows a pattern of Russian strikes on Ukrainian energy infrastructure, but now increasingly targets gas facilities amid Ukraine's worsening energy crisis. This crisis stems from Russia's actions and Ukraine's energy policy failures, including Naftogaz's decision not to fill gas storage in summer 2022 and the termination of the Russian gas transit agreement.

Showing 757 to 768 of 2,323 results