The energy crisis in Ecuador has not yet been resolved. Although the conditions of the Mazar reservoir are good, according to the president of the College of Electrical and Electronic Engineers of Pichincha, Marco Acuña, the blackouts could return in April.
Acuña indicated that the reservoir is…
Read More...
Browsing Tag
energy crisis
Ecuadorian government says power cuts will be suspended starting December 20
Starting December 20, Ecuador will suspend electric cuts of about 14 hours a day in the country.
The measure was taken after three months of power cuts that affect the country's economy, as well as the normal development of Ecuadorians.…
The European Commission asked to extend the reduction of gas consumption
The European Commission has asked European Union (EU) countries to extend for a further year the voluntary 15 % reduction in gas consumption agreed two years ago at the onset of the energy crisis. According to the institution in a…
Germany could enter a technical recession
Inflation and the energy crisis slowed down the German economy in the fourth quarter of 2022, which could lead to a recession in the first months of the new year, according to data from the Federal Statistical Office released on Monday.…
Italian Eni stops receiving gas from Russia’s Gazprom
The supply of gas to the Italian Eni from Russia was suspended by the government of Vladimir Putin. In this way, Gazprom has cut the supply arguing that it is a consequence of the recent change in regulations in Austria, the country through…
France asks for the return of Venezuela to the oil market
A close official of the French presidency assured that they requested the reincorporation of Venezuela and Iran into the oil market.
"France considers it essential that the entire international community, buyers and producers, mobilize to…