Tag: gas

UK: New Price Hike Promises Bleak Winter for Consumers

The announcement comes only days before PM Boris Johnson’s successor is announced. Johnson has thus far undertaken little action in resolving the crisis, leaving this farrago for the next prime minister to untangle instead. 

Germans Facing an Extra €500 a Year in Gas Bills

The levy comes just days after Energy Minister Robert Habeck announced his plan for reducing gas consumption by 20%. He also wants to allow public buildings to be heated at a maximum of 19 degrees.

Pakistan: Paying the Price for Our Indulgences

With Pakistan close to economic collapse, fears of a situation similar to Sri Lanka are growing. But due to the ‘butterfly effect,’ European energy politics have contributed greatly to this chaos.

Hungarian Foreign Minister in Moscow

Péter Szijjártó is above all pragmatic. His visit comes on the heels of the EU’s decision to cut Russian gas supplies by 15%.

EU Countries Deny Commission Gas Rationing Powers

At their July 26th meeting, energy ministers rejected the Commission’s initial plan for emergency powers but committed to reducing gas usage by 15% between 1 August 2022 and 31 March 2023—at least they did in theory.