Photo from Reuters

EU remains split on intervention measures in natural gas market

EU member states’ energy ministers plan to hold another emergency meeting on the 13th of this month to discuss an intervention in the natural gas market. The European Commission recently proposed to set the upper limit of natural gas at…

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(AP Photo/Thanassis Stavrakis, File)

Inflation hits record 10% in 19 EU countries using euro

Inflation in the European countries using the euro currency has broken into double digits as prices for electricity and natural gas soar, signaling a looming winter recession for one of…

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Pipeline leak in Myanmar forces partial suspension of natural gas supply to Thailand

Supply of natural gas to Thailand, from Myanmar’s Zawtika field in the Andaman Sea, has been suspended after a leak was found in the overland pipeline. There has been no…

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People rest in a temporary shelter for Ukrainian refugees, located near the Polish-Ukrainian border in a former shopping center in Przemysl, Poland, on March 8, 2022. (Photo by Louisa GOULIAMAKI / AFP)

Shell says it will stop buying Russian oil, natural gas, as over two million flee Ukraine

Energy giant Shell said Tuesday that it will stop buying Russian oil and natural gas and shut down its service stations, aviation fuels and other operations in the country amid…

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