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REPORTS
France seeks more Algerian oil and gas as Europe faces winter supply pressures
Europe’s race to secure energy supplies is intensifying, with gas prices surging and competition for available shipments growing ahead of winter.
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ECONOMY
California warns of ‘shockingly high’ gas bills in January as gas prices soar
The Southern California Gas company warns its customers that they could pay more than double the monthly price for natural gas this month, as the new gas rates have gone “shockingly high.”

ECONOMY
Cost of living crisis: Surging energy prices in UK fuel tensions
The rapidly worsening cost of living crisis in Britain has turned into a harsh winter for millions of households who are trying to keep their energy bills down, fueling tensions and resentment among tenants.

EU
Europe facing strikes, protests over cost of living
Soaring inflation and high energy prices have sparked mass protests and strikes across Europe, raising concerns over political turmoil in the continent.

REPORTS
Crisis peaks over Europe’s gas prices as Russian gas flows dry up
The economic impact of the Russia-Ukraine war is already hitting Europe hard. Just when Europeans thought their gas standoff with Russia couldn’t get any worse, energy prices soared even further.

ENERGY
‘Europe badly needs Iran oil at a time of soaring gas prices’
Iran’s oil minister Owji says Europe will need oil supplies from Iran this winter amid rising gas prices.

IN-DEPTH
Russia sanctions shot in the foot for EU
Gazprom has stopped sending gas to Latvia, adding the country to the list of countries which had already been excluded from Russian energy supplies.

REPORTS
Gas rationing proposed for EU amid energy price crisis
The European Commission asks EU member states to use 15 percent less gas from the start of next month to the end of March. The move is being made in case Russia cuts off supplies to the 27-nation bloc despite assurances from Moscow that all gas contracts will be honoured.






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