energy crisis

The G-7 coalition comprising of Germany, France, the UK and USA, Japan, Canada and Italy is inching toward an agreement on expanding its sanctions against Russia by looking for a mechanism to cap the purchase price of Russian oil.
  • November 28, 2022
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Hungary's foreign minister said he met Russian Foreign Minister Sergei Lavrov in New York and discussed gas shipments and construction of the Paks nuclear plant being built by Russia's Rosatom.
  • November 3, 2022
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A new nuclear reactor in Finland is set to be delayed by about two weeks to the end of the year, exacerbating a potential power shortage that’s pushed authorities to warn that the Nordic country faces rolling blackouts.
  • October 31, 2022
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Despite the Czech Republic being one of Europe’s biggest electricity exporters, when taxes are included, Czech households are currently experiencing the second-highest electricity prices in the EU, just behind Estonia, with no end in sight.
  • October 31, 2022
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Last week, German Chancellor Olaf Scholz announced that Germany was reopening five power plants that burn lignite, a low-rank coal.
  • October 30, 2022
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Over 70,000 Czech protestors came to the streets last week in the country's capital, Prague, demanding the government take a neutral stand on the ongoing Russia-Ukraine crisis.
  • October 30, 2022
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