EU

EU ministers agree on laws to save energy, promote renewables

EU ministers agree on laws to save energy, promote renewables

Ministers meet to seek deals on package of climate laws Moves to weaken some measures as energy shock bites Ministers discuss plans to reduce gas demand EU contingency planning for further Russian gas cuts LUXEMBOURG, June 27 (Reuters) – EU energy ministers agreed on Monday on laws to save energy and promote renewables, part of …

EU ministers agree on laws to save energy, promote renewables Read More »

GLOBAL ECONOMY US recession fears darken outlook for global growth

GLOBAL ECONOMY US recession fears darken outlook for global growth

WASHINGTON/LONDON/TOKYO, June 23 (Reuters) – Manufacturing growth is slowing worldwide as China’s COVID-19 curbs and Russia’s invasion of Ukraine disrupt supply chains and keep inflation at the highest in years, while the growing risk of a US recession poses a new threat to the global economy. Gauges of factory activity released Thursday in Japan, Britain, …

GLOBAL ECONOMY US recession fears darken outlook for global growth Read More »

The Energy Crisis Has Been A Boon For Argentina’s Dead Cow Shale Patch

The Energy Crisis Has Been A Boon For Argentina’s Dead Cow Shale Patch

The US, UK, and European Union’s ban on Russian oil imports sparked by President Vladimir Putin’s invasion of Ukraine has sent global energy prices soaring. The international Brent benchmark has gained a whopping 64% since the start of 2022 while natural gas had surged by a stunning 105%, which has been a boon for a …

The Energy Crisis Has Been A Boon For Argentina’s Dead Cow Shale Patch Read More »