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by Adam PLOWRIGHT — Recently described as “250 grams of magic and perfection” by President Emmanuel Macron, the French baguette is at risk from surging energy prices, with some bakers warning they can no longer afford to fire up their ovens. Already struggling with sharp hikes in the price of butter, flour and sugar over the last year and a half, the prized industry is now alarmed by astronomical electricity bills looming in 2023. “It […]
Bulgaria’s sole nuclear power plant signed a nuclear fuel supply deal with a French firm on Friday in efforts to replace shipments from Russia in the wake of Moscow’s invasion of Ukraine. The state-owned Kozloduy plant on the Danube river currently relies on Russian fuel for its two Soviet-built 1,000-megawatt reactors. Under a 10-year agreement signed Friday, Framatome, a subsidiary of French energy giant EDF, will supply nuclear fuel to Kozloduy’s unit 5 reactor from […]
by Marc BURLEIGH Agence France-Presse BRUSSELS, Belgium (AFP) — EU energy ministers on Monday overcame months of wrangling to agree a price cap for natural gas in the bloc, drawing an immediate warning from Russia that the move was “unacceptable”. The price ceiling was fixed at 180 euros per megawatt hour, but with conditions attached and a word of caution from the European Commission that it may suspend the measure if “the risks outweigh the […]
Moscow, Russia (AFP) Russian President Vladimir Putin on Thursday vowed to continue attacking Ukrainian energy systems despite global criticism of strikes that have left millions without electricity and water at the start of winter. “There’s a lot of noise about our strikes on the energy infrastructure of a neighbouring country. Yes, we do that. But who started it?” Putin said at an awards ceremony in the Kremlin, adding that the criticism would “not interfere with […]
Vienna, Austria (AFP) by Kiyoko Metzler, with Emeline Burckel in London Major oil-producing countries led by Saudi Arabia and Russia agreed Sunday to maintain their current output levels in a climate of uncertainty and ahead of fresh sanctions against Moscow coming into force next week. The representatives of the thirteen members of the Organization of the Petroleum Exporting Countries (OPEC) led by Riyadh, and their 10 allies headed by Moscow, decided to stick to their […]
Kyiv, Ukraine (AFP) More than 500 Ukrainian localities remained without power Sunday following weeks of Russian airstrikes on the electric grid, an interior ministry official said. “The enemy continues to attack the country’s essential infrastructure. Currently, 507 localities in eight regions of our country are cut off from electricity supplies,” deputy interior minister Yevgueny Yenin told Ukrainian television. “The Kharkiv region is the worst hit with 112 isolated villages,” Yenin added. Another 90 villages were […]
SAINT PETERSBURG, Russia (AFP) — President Vladimir Putin on Tuesday oversaw the launch of a new nuclear-powered icebreaker as Russia pushes to develop the Arctic and seeks new energy markets amid sanctions over Ukraine. Addressing a Saint Petersburg ceremony for the launch of the Yakutia icebreaker by video link, Putin said such vessels were of “strategic” importance for Russia. In addition to floating out the Yakutia, authorities also symbolically raised a flag on another nuclear-powered […]
Kyiv, Ukraine | AFP | President Volodymyr Zelensky said Thursday that millions of Ukrainians had no electricity, as fresh Russian strikes hit cities across Ukraine and crippled the country’s energy infrastructure. “Currently, more than 10 million Ukrainians are without electricity,” he said, adding that the regions of Odessa, Vinnytsia, Sumy and Kyiv were most affected. “We are doing everything to normalise the supply,” Zelensky added. Ukraine has faced strikes against its power grid following battlefield […]
by Stéphane ORJOLLET and Kelly MACNAMARA Agence France-Presse SHARM EL SHEIKH, Egypt (AFP) — Planet-heating emissions from oil and gas production could be three times higher than reported, according to a satellite monitoring project launched Wednesday that the UN chief said made it harder to “cheat”. The new tool — unveiled at United Nations COP27 climate talks in Egypt — has pinpointed more than 70,000 sites spewing emissions into the atmosphere. The project, run by […]
Brussels, Belgium | AFP | by Marc BURLEIGH European workers squeezed by the soaring cost of living went on strike in Belgium and Greece on Wednesday, with stoppages threatening to paralyse parts of Britain, France and Spain in coming days. Spreading industrial unrest poses a problem for governments which are already spending billions trying to blunt the worst effects of rising prices, at least for the most vulnerable. Europe is acutely affected by the fall-out […]
Luanda, Angola | AFP | A large hydrocarbon deposit has been discovered off the shore of Angola’s capital Luanda at a site operated by American firm ExxonMobil, the country’s national agency for oil, gas and biofuels announced Monday. The deposit was discovered about 365 kilometres (225 miles) northwest of the oil-rich nation’s coast through a drilling 1,100 metres deep, the Angola’s National Agency for Oil, Gas and Biofuels (ANPG) said in a statement. The […]
Hanoi, Vietnam | AFP | by Alice PHILIPSON Despite Vietnam’s solar boom and ambitious climate targets, the fast-growing economy is struggling to quit dirty energy — leaving one of the world’s biggest coal power programmes largely intact. During the COP26 climate summit last year, the government boldly promised to end the construction of new coal plants and phase out the dirtiest of those already running, even as energy demands soar in the manufacturing powerhouse. […]
