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Europe''s struggling retail sector looks ill-prepared for new energy

A surge in energy prices since the start of the U.S.-Israeli war on Iran piles further pressure on the retail sector in Europe, which is already struggling with weak consumer demand and

Strait of Hormuz crisis explained: What it means for global shipping

Even if oil tankers are only temporarily blocked from the Strait of Hormuz, it can ratchet up global energy prices, raise shipping costs and create significant supply delays.

How Russia could profit from rising energy prices fuelled by Iran war

The escalating conflict in Iran is inadvertently bolstering Russia''s financial capacity, strengthening its ability to fund its ongoing war in Ukraine through increased energy profits. Prices

Gas Prices Surge as Qatar Shuts World''s Largest LNG Export Plant

Qatar shut down liquefied natural gas production at the world''s largest export facility after it was targeted in an Iranian drone attack, sending European gas prices surging more than 50% and

Amazon increases investment in Spain to €33.7 billion to expand data

Amazon increases investment in Spain to €33.7 billion to expand data center infrastructure and drive AI innovation across Europe The announcement marks Amazon''s largest ever technology

What Does the Iran War Mean for Global Energy Markets?

In this Experts React, the CSIS Energy Security and Climate Change team evaluates how markets are responding to current events and identifies signposts for escalation or relaxation.

Middle East war is already affecting shipping — and Europe won''t be

Middle East war is already affecting shipping — and Europe won''t be spared The escalating situation in the Strait of Hormuz will have painful implications for global shipping as well as the

Natural Gas Prices Surge After Attacks Hit Facilities in Qatar

The economic effects of the airstrikes in and around Iran reverberated through natural gas markets on Monday, after Qatar''s state-owned energy company said it would halt production of

European Consortium Signs $626 Million Deal to Privatise Greek Ga...

Three European energy companies have signed contracts on a 535 million euro ($626 million) deal to privatise DESFA, operator of Greece''s gas grid and the country''s only LNG terminal.

Oil and gas industry urge EU to pause methane emissions law

Oil and gas companies urged the European Union on Monday to pause its methane emissions law, warning it could disrupt Europe''s fuel imports when tougher provisions kick in next year.

Iran conflict adds cost pressure to energy-intensive industries

The recent surge in European gas prices to nearly double their level in recent days risks deepening competitiveness challenges for producers. Gas price increases will cause electricity price

PPC, Metlen form JV for 1,500MW energy storage in SE Europe

Nikos Papapetrou, Chief Executive Director for Renewables, Storage & Energy Transition Platform at METLEN, described the partnership as supporting the company''s strategy to develop

Iran conflict disrupts global shipping as tankers are stranded, damaged

Insurance companies are cancelling war risk coverage for vessels in the Middle East Gulf as the widening Iran conflict disrupts shipping, leaving tankers damaged or stranded and at least two

Europe Gas Prices Extend Rally as Middle East Conflict Escalates

European natural gas held near the highest levels in three years as traders assessed a US plan to protect crucial tanker shipping in the Middle East, which has been rattled by the widening

Maritime insurers cancel war risk cover in Gulf: Will it hike energy

Maritime insurers cancel war risk cover in Gulf: Will it hike energy costs? Insurers announced they were cancelling war risk coverage after the IRGC said the Strait of Hormuz was

Putin raises prospect of ending gas sales to Europe

Deputy Prime Minister Alexander Novak said on Thursday that the Russian government will soon meet with major energy companies to examine export options and supply routes. The review follows

Russia may halt gas supplies to Europe amid Iran energy spike, Putin

Russia could halt gas supplies to Europe right now amid a spike ‌in energy prices triggered by the Iran crisis, President Vladimir Putin warned on Wednesday, linking the possible decision to the

About Energy companies in europe

About Energy companies in europe

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