Ecuador cuts gasoline prices in latest concession to protesters

QUITO, June 26 (Reuters) – Ecuadorian President Guillermo Lasso said on Sunday he would cut prices for gasoline and diesel by 10 cents a gallon, the latest concession to try to end nearly two weeks of anti-government protests in which at least six people have died. The sometimes-violent demonstrations by largely indigenous protesters demanding lower … Read more

French energy companies call for ‘immediately’ limiting energy use

A couple of stork stands in a nest on the top of a pylon of high-tension electricity power lines in front of a smoke stack of the Electricite de France (EDF) coal-fired power plant of Cordemais in Bouee, France, February 25, 2022. REUTERS / Stephane Mahe Register now for FREE unlimited access to Reuters.com Register … Read more

Analysis: Up-ended global LNG markets deepen Australia’s power woes

Shell sends three LNG cargoes from Australia to Chile Tight Atlantic Basin supply sucks gas from Australia Gas prices expected to stay high into mid-2020s – WoodMac Government weighs options to beef up gas supply MELBOURNE, June 24 (Reuters) – Top liquefied natural gas exporter Australia is in the depths of a power crunch just … Read more

Breakingviews: Germany’s gas action plan pulls its punches

Pressure gauges are seen at Zsana Storage Site in Zsana, Hungary, May 20, 2022. REUTERS / Bernadett Szabo Register now for FREE unlimited access to Reuters.com Register LONDON, June 24 (Reuters Breakingviews) – Germany is facing a sudden acceleration of its gas crisis. A 60% drop in Russian supplies since early June threatens to plunge … Read more

Germany triggers gas alarm stage, accuses Russia of ‘economic attack’

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke // File Photo Register now for FREE unlimited access to Reuters.com Register West, Russia in energy standoff since Ukraine invasion German minister warns of ‘rocky road’ ahead Minister does not rule … Read more

EXCLUSIVE G7 likely to discuss Russian turbine, but may not find solution -Canada minister

Canada’s Minister of the Environment and Climate Change Jonathan Wilkinson takes part in a news conference at the Ornamental Gardens in Ottawa, Ontario, Canada November 19, 2020. REUTERS / Blair Gable / File Photo Register now for FREE unlimited access to Reuters.com Register OTTAWA, June 22 (Reuters) – The G7 is likely to discuss the … Read more

EU signals shift to coal, accuses Russia of ‘rogue moves’ on gas

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register BRUSSELS / OSLO June 22 (Reuters) – The European Union will temporarily shift back to coal to cope with dwindling Russian gas … Read more

Guedes says privatizing Petrobras via “Novo Mercado” would boost value sharply

The logo of Brazil’s state-run Petrobras oil company is seen on a tank in at Petrobras Paulinia refinery in Paulinia, Brazil July 1, 2017. REUTERS / Paulo Whitaker // File Photo Register now for FREE unlimited access to Reuters.com Register BRASILIA, June 20 (Reuters) – Brazilian Economy Minister Paulo Guedes said on Monday that privatizing … Read more

Europe may shift back to coal as Russia turns down gas flows

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS / Hannibal Hanschke / File Photo Register now for FREE unlimited access to Reuters.com Register Germany may take ‘painful’ move to fire up coal power Italy, Austria also looking at burning more coal Surging … Read more

Venezuelan oil exports to Europe set to resume after two years

The logo of Italian energy company Eni is seen at a gas station in Rome, Italy September 30, 2018. REUTERS / Alessandro Bianchi Register now for FREE unlimited access to Reuters.com Register June 17 (Reuters) – A 650,000-barrel-cargo of Venezuela’s oil chartered by Italy’s Eni (ENI.MI) is about to set sail carrying the first export … Read more