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Europe’s gas storage is almost full for winter. But the IEA fears next year may be very difficult
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Europe’s gas storage is almost full for winter. But the IEA fears next year may be very difficult

A German gas storage facility photographed in September 2022. European countries are attempting to wean themselves off Russian gas following the Kremlin’s invasion of Ukraine. Krisztian Bocsi | Bloomberg | Getty Images The executive director of the International Energy Agency on Wednesday said that while Europe’s gas storage for this winter was nearly full, the […]

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Strength giants return to fossil fuels like coal as Europe braces for winter season
World

Strength giants return to fossil fuels like coal as Europe braces for winter season

Jens Auer | Moment | Getty Illustrations or photos Electricity firm Orsted is to keep on or restart operations at a few fossil gas services after getting purchased by Danish authorities to do so, as governments around Europe completely ready them selves for wintertime amid the energy crisis. In a assertion about the weekend, Orsted […]

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Morgan Stanley loves these 9 global stocks trading at ‘significant’ lows
World

Morgan Stanley loves these 9 global stocks trading at ‘significant’ lows

Analysts at Morgan Stanley have identified several global stocks they say are trading at prices significantly lower than their 12-month highs. Source

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‘Our product, our rules’: Russia sends alarm bells ringing over Europe’s winter gas supplies
World

‘Our product, our rules’: Russia sends alarm bells ringing over Europe’s winter gas supplies

Gazprom’s Miller says he sees no solution to an ongoing equipment issue at part of the Nord Stream 1 pipeline. Anadolu Agency | Anadolu Agency | Getty Images LONDON — An ominous warning from Russia’s state-backed energy giant Gazprom has stoked fears of another turbulent winter for European gas supplies. As a pre-summer heatwave hits […]

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Taiwan’s ‘biggest offshore wind farm’ generates its first power
World

Taiwan’s ‘biggest offshore wind farm’ generates its first power

An offshore wind turbine in waters off Taiwan. Taiwan’s Ministry of Economic Affairs says it’s targeting 20% renewable energy generation by the middle of this decade. Billy H.C. Kwok | Bloomberg | Getty Images A large-scale offshore wind farm in waters off the coast of Taiwan has produced its first power, with those involved in […]

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Stay defensive with these global stocks amid market volatility, analysts say
World

Stay defensive with these global stocks amid market volatility, analysts say

HSBC, Credit Suisse and UBS name their top defensive stock picks. Source

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