On Tuesday, the chairman of the Bundestag committee on energy, Klaus Ernst, warned that even despite a recent liquid natural gas supply agreement with Qatar, Germany still has no way to replace the volume of gas supply it lost when its Russian supply was interrupted…
WATCH Bill Gates Says European Energy Crisis Is “Good”…
Says people will be forced to “move to these new approaches more rapidly”…
Russia Adds $9.4 Billion of Oil Revenue to Its Rainy-Day Fund…
Russia said on Thursday it had added the equivalent of $9.4 billion to its government emergency reserve fund, with the money coming from extra oil and gas revenues the country has received so far in 2022…
EU Steps Back from Impractical Russia Oil Embargo: Kemp…
EU leaders have stepped back from imposing an immediate embargo on Russian crude and petroleum product imports as the impracticality of the policy has become clear. Imposing an immediate embargo on Russia’s fossil fuels “from one day to the next would mean plunging our country and the whole of Europe into a recession…