Venezuela would be able to export gas and oil to countries that require it, mainly to Europe, to face the arrival of winter and the crisis generated by the suspension of supplies of these items from Russia.
As will be recalled, the EU sanctions against Russia for the war with Ukraine caused Putin…
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Gas
Germany produces more energy from coal and wind
Electricity generation in Germany registered a change in the first half of the year, with a greater share of coal and renewable resources and a decline in gas, the Federal Statistical Office reported today.
Nearly a third of the…
Swiss unions ask for salary increase as inflation rises
The increase in gas and electricity prices, among the main consequences of the inflationary escalation in Europe, has led Swiss unions to request wage increases of between 4 and 5% to meet expenses.
It is no secret to anyone that the rise…
Spain energy-saving measures come into force
The measures that Spain has taken with the aim of saving energy came into force this Wednesday in cultural centers, shops, airports and other public places.
The decree, approved last week, establishes "moderate air conditioning" as the…
Germany will apply a tax on gas consumption from October
The rate planned in Germany for all final gas consumers will be applied from October 1st, sources from the Ministry of the Economy announced today.
The exact amount of the surcharge will be published online in mid- to late-August and will…
CAF approves seven loans for the economic recovery of Latin America
CAF approved the disbursement of 1,650 million dollars corresponding to seven loans destined to support the economic development of Latin America and the Caribbean, with Argentina, Brazil, Paraguay, Peru and Trinidad and Tobago as…
EU closes an agreement with Azerbaijan on gas supply until 2027
The EU ratified the agreement with Azerbaijan to double the supply of gas until 2027, from the 8,100 million cubic meters supplied in 2021 through the southern gas corridor, which connects the country with the community market through…
Non-associated gas is the future of Venezuela
The oil specialist José Toro Hardy pointed out, in a radio program, that the future of Venezuela lies in gas, particularly non-associated gas. The Caribbean country has large reservoirs throughout the territory that have not yet been…
The EU requires its States to load 80 % of their gas deposits
The European Union (EU) decided to officially adopt the regulation that establishes that community gas tanks must be loaded to at least 80 % of their capacity by next fall, and also requires sharing the tocks between the EU countries with…
Sánchez warned about the reform of the European electricity market
The President of the Government of Spain, Pedro Sánchez warned at the Davos Economic Forum about the need for Europe to reform the electricity market, because otherwise it will endanger the green transition to which it aspires, due to the…
Italian oil company opens ruble accounts to pay for Russian gas
The Italian oil company Eni announced the opening of bank accounts in euros and items in the Russian financial entity Gazprombank in order to carry out the necessary transactions for the supply of Russian gas and thus comply with the new…
The US will release a million barrels of oil daily
Joe Biden, President of the United States, ordered the release of one million barrels of oil per day for the next six months, in order to replicate the increase in energy prices as a result of the war between Russia and Ukraine.
This is…