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DOHA, Qatar (AFP) – Qatar announced Wednesday that it will build the world’s biggest plant making blue ammonia — one of the new fuels being touted as a cleaner energy source. Energy Minister Saad al-Kaabi said the plant would cost $1.2 billion and start production in early 2026. State-owned Qatar Energy, a firm that is making huge profits from liquefied natural gas, said the plant would produce 1.2 million tonnes of ammonia a year “making […]
by Sophie MAKRIS Agence France Presse Russian energy giant Gazprom suspended gas deliveries to Germany for maintenance on a major pipeline on Wednesday, the latest in a series of supply halts that have fuelled an energy crisis in Europe. Gazprom said supplies via Nord Stream 1 were “completely stopped” for “preventative work” at a compressor unit, shortly after European gas network operator ENTSOG announced that deliveries had ceased. The move comes as European countries […]
PARIS, France (AFP) — French energy firm Engie said Tuesday that Russian energy giant Gazprom was slashing its natural gas deliveries “due to a disagreement between both sides over the execution of contracts”. Engie added in a statement that Russian gas supplies had already been reduced drastically after Russia invaded Ukraine in February. “Engie had already secured the necessary volumes to guarantee supplies for its clients and for its own needs,” it said. Russia […]
Beijing, China (AFP) The southwestern Chinese province of Sichuan downgraded emergency energy supply measures on Monday, restoring power to some factories after weeks of rolling blackouts due to a heatwave-induced shortage. Parts of Sichuan province and neighbouring Chongqing saw rainfall and lower temperatures beginning Sunday, after weeks of record temperatures higher than 40 Celsius (104 Fahrenheit) and a crippling drought that strained hydropower generators throughout the region. “Reservoir water levels are gradually increasing and the […]
Gas prices to go up by P1.40 per liter; kerosene prices by P6.10 per liter (Eagle News) – Effective Tuesday, Aug. 30, another big oil price hike happens with diesel prices forecast to increase as much as P6.10 per liter. Gasoline prices are also forecast to go up between P1.20 to P1.40 per liter, according to various social media posts by petroleum companies. Kerosene prices will also go up by P6.10 per liter. -2nd […]
by Catherine HOURS Agence France Presse PARIS, France (AFP) — As the costs of importing energy soars worldwide and climate crises wreak havoc, interest in nuclear power is on the rise with nations scrambling to find alternative sources. Investment in nuclear power declined after Japan’s 2011 Fukushima disaster, the world’s worst nuclear accident since Chernobyl in 1986, as fears over its safety increased and governments ran scared. But following Moscow’s invasion of Ukraine in February, […]
More than P1/liter hike for gasoline prices expected, says DOE official; tight world supply, high global demand cited (Eagle News) – An official of the Department of Energy said that prices of petroleum products would increase next week because of tight supply in the world market with the threat of Russian oil embargo and strong global demand. Assistant Director Rodela Romero of the DOE’s Oil Industry Management Bureau said that as of Friday, at […]
BERLIN, Germany (AFP) — German consumer confidence is at rock-bottom as Europe’s biggest economy faces the prospect of huge energy bills heading into the winter, a key survey showed on Friday. Pollster GfK’s forward-looking barometer fell to minus 36.5 points for September, the lowest level since its records began in 1991, following a revised August reading of minus 30.9 points. “The sharp rise in the propensity to save this month is causing the consumer […]
by Roland JACKSON / Véronique DUPONT Agence France-Presse LONDON, United Kingdom (AFP) — Britain announced Friday a vast 80-percent hike in electricity and gas bills, in a dramatic worsening of the cost-of-living crisis before winter as the UK awaits a new leader. Regulator Ofgem said its energy price cap, which sets prices for consumers who are not on a fixed deal with their supplier, will in October increase to an average £3,549 ($4,197) per year […]
by Agnès PEDRERO Agence France-Presse FINHAUT-EMOSSON, Switzerland (AFP) — Switzerland is among the world’s wealthiest countries, but its reliance on Russian gas and French nuclear power — both in short supply — has it bracing for power shortages and even blackouts this winter. With hundreds of hydropower plants spread across the Alps, Switzerland produces more than enough power in the summer months. However, the landlocked nation is forced to turn to imports when the cold […]
Kyiv, Ukraine (AFP) Ukraine’s Zaporizhzhia nuclear plant under occupation by Russian troops was disconnected from the national power supply on Thursday, the state energy operator said. “The actions of the invaders caused a complete disconnection of the (Zaporizhzhia Nuclear Power Plant) from the power grid — the first in the history of the plant,” Energoatom said on Telegram. The Zaporizhzhia plant — Europe’s largest nuclear facility — has been occupied by Moscow’s troops since the […]
Tokyo, Japan (AFP) by Etienne BALMER / Tomohiro OSAKI Japan’s prime minister on Wednesday called for a push to revive the country’s nuclear power industry in a bid to tackle soaring imported energy costs linked to the war in Ukraine. Such a move could prove controversial, after the 2011 Fukushima disaster led to the suspension of many nuclear reactors over safety fears. Like many countries, Japan — which is aiming to become carbon neutral by […]
