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 statement, this measure was scheduled to expire on March 31.…
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energy crisis
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…
Venezuelan Cardón Refinery paralyzes crude processing
This Thursday it was learned that the Cardón Refinery, at the State of Falcón, stopped processing crude on Wednesday due to failures in key units for these activity, including distillers.
Through the Reuters news agency, information was…