energy crisis

Germany, the largest economy in Europe, is facing serious challenges as its economy grapples with ongoing struggles. As concerns rise about the potential impact on Europe's overall prosperity, the nation's growth engine seems to have…

Last Updated: July 30, 2023, 09:54 ISTRussian President Vladimir Putin. (File photo/AP)South Africa's EFF leader calls for BRICS summit boycott in solidarity with Putin. ANC corruption and US AGOA threats under scrutinySouth Africa’s…

Last Updated: June 09, 2023, 05:57 ISTA view of French utility EDF's Penly Nuclear Power Plant in Petit-Caux, near Dieppe, France, December 9, 2022. (Reuters File Photo)Nuclear-reliant Paris has already irked Berlin by insisting on giving…

The increasing cost-of-living pressure because of the Ukraine war could push an additional 141 million people into extreme poverty, a study published on Thursday (February 16) in the British scientific journal Nature has highlighted. The…

The increasing cost-of-living pressure because of the Ukraine war could push an additional 141 million people into extreme poverty, a study published on Thursday (February 16) in the British scientific journal Nature has highlighted. The…

However, Europe may soon have a big competitor in the race for these sought-after gas supplies. “China used to be the biggest importer of LNG in 2021 before its zero-COVID policy forced them to really lock down the country, which caused a…

Ms Severine Blot, head of sustainability for Serma Ski Lift, one of the big ski-lift companies in the valley, said 70 per cent of the energy used on the pistes is dedicated to running the ski lifts and cable cars. Her costs are going up -…

COPING WITH SOARING UTILITY BILLS With soaring utility bills, everyone in the country is finding ways to cut energy consumption and save money. The UK government launched an £18 million (US$22 million) advertising campaign to inform the…

The US has been pushed to reconsider its ties with oil producers like Venezuela and Saudi Arabia, to mitigate dependence on Russian energy. LARGEST PROVEN OIL RESERVES GLOBALLY US President Joe Biden eased the Trump-era sanctions late…

The French government is nationalising EDF, the firm which runs its nuclear power plants, to build new-generation reactors and also alleviate the debt burden on the company. THREATENING LIVELIHOODS Businesses in France have felt the…