gas

Algeria threatens to cut gas supply to Spain
Middle East

Algeria threatens to cut gas supply to Spain

Algeria’s Energy Ministry threatened on Wednesday to cut off gas supplies to Spain in case any amount of gas exported…
Poland and Bulgaria are receiving gas from EU neighbors, European Commission president says
World

Poland and Bulgaria are receiving gas from EU neighbors, European Commission president says

Poland and Bulgaria are receiving gas from their EU neighbors, European Commission President Ursula von der Leyen said Wednesday. This comes…
Germany faces $240 billion hit if Russian gas is cut off
World

Germany faces $240 billion hit if Russian gas is cut off

London (CNN Business) – Germany would plunge into a deep recession if its supply of Russian natural gas was suddenly…
Eni discovers new petroleum well in western desert
Business

Eni discovers new petroleum well in western desert

‍The Italian company, Eni, announced the discovery of a new petroleum well in the concessions of the Mleiha, western desert.…
US oil sinks below $100 after Russia says it will ‘drastically reduce’ assault on Kyiv
World

US oil sinks below $100 after Russia says it will ‘drastically reduce’ assault on Kyiv

New York (CNN Business) – Oil prices fell sharply on Tuesday after Russia indicated it will dial back its assault…
Gas hits $4 a gallon for the first time since 2008
World

Gas hits $4 a gallon for the first time since 2008

New York (CNN Business) – The average price for a gallon of regular gas hit $4 Sunday, the highest level…
Higher food prices and slumping trade. How the war in Ukraine could hit Africa
World

Higher food prices and slumping trade. How the war in Ukraine could hit Africa

Abuja, Nigeria (CNN Business) – As Russian troops tear through Ukraine, swathes of Africa are gearing up to bear the…
Turn down the heat to stop Putin? Europe wrestles with its Russian gas addiction
World

Turn down the heat to stop Putin? Europe wrestles with its Russian gas addiction

London (CNN Business) – When you turn on the heating in your home, you may not think much about where…
Egypt has achieved an impressive progress in benefiting from gas assets: IEA head
Business

Egypt has achieved an impressive progress in benefiting from gas assets: IEA head

The Executive Director of the International Energy Agency Fatih Birol said that what Egypt has achieved during the past years…
Turkey jacks up electricity, gas prices for New Year
Middle East

Turkey jacks up electricity, gas prices for New Year

ISTANBUL, Jan 1 (Reuters) – Turkey sharply raised electricity prices by 50-100 percent for households and companies on Saturday, and…
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