By Laurence Kotlikoff Vladimir Putin: Satanically genius as everyone thinks – or satanically stupid as his works show? The Russian president is persistently pressuring Germany and other NATO buyers to pay in rubles to supply them with oil and gas – his obsession suggests nonsense. As for the “satanic element”, Evil: Putin is a serial […]
Tag: energy market
Increased interest in fossil fuels in Latin America
Utilizing their mineral wealth, Brazil and Argentina are reacting to the surge in energy costs. However, they do not have the necessary infrastructure. Brazil plans to increase oil extraction at US request. At the same time, Argentina is pursuing higher rates of shale gas extraction. A key reason for the two countries’ plans is to […]
EU: Completed plan for energy independence from Russia by the end of May
By the end of May, the European Commission and the Member States should have submitted to the European Council the comprehensive and ambitious plan for the European Union’s independence from Russia, as set out in the text of the Conclusions of the two-day EU Summit on Russia. energy sector. In particular, as the text of […]
How will RAE check if there are skyrocketing profits in electricity
Of Thanks to Floudopoulos To the question if there are “skyrocketing” profits in the electricity market but also what is their amount, the control carried out by RAE in the sector will be called to answer. As is well known, both in Greece and at the European level, due to the energy crisis, the debate […]
Moscow warns of collapse of world oil and gas market if sanctions are imposed
Russian Deputy Prime Minister Alexander Novak said today that world oil and gas markets could collapse if sanctions were imposed on Russian energy exports, and that rising prices would be unpredictable. According to Reuters, speaking in the lower house of the Russian parliament, Novak also said that the freezing of the Russian gas pipeline Nord […]
EU leaders consider taxing emergency profits on energy
European Union leaders are likely to give the political green light to a European Commission proposal to consider imposing a temporary tax on the extraordinary profits of some energy companies from skyrocketing gas and electricity prices, according to Bloomberg. The two heads of state are due to discuss during a two-day summit on Thursday how […]
EU sources: Over 4 billion euros in Greece to fight energy poverty
More than 4 billion euros to fight energy poverty are expected to flow into Greece from the Social Climate Fund, which is being set up to address the effects of rising energy prices on carbon pricing. This money will be used to finance actions to support the most vulnerable groups, which may include subsidies for […]
Positive response from industry and market to electricity measures
Of Thanks to Floudopoulos Yesterday’s government announcements about support measures against energy precision were welcomed by industry and the market. This was at least evident from the joint announcement of 5 industrial associations, which stressed that the measures are in the right direction and described the government and the Ministry of Energy as “stable and […]
At 72 euros the electricity subsidy for the month of March
From 40 euros per month, the subsidy for electricity bills increases to 72 euros per month, as the Minister of Environment and Energy, K. Skrekas, recently announced. Based on the announcements made recently by the government staff, the total amount of support measures reaches 1.1 billion. euros and is addressed to 3 million citizens. The […]
M. Varvitsiotis: The war in Ukraine ‘awakened’ the European security conscience
“The war in Ukraine is a wake-up call for Europe. It is necessary for Europe to strengthen its strategic autonomy and defense capabilities, taking into account its Atlantic side. It does not mean European security without the contribution of NATO,” he said. The Deputy Foreign Minister, Miltiadis Barvitsiotis, as mentioned in his announcement, during the […]
