German Official Wants Nord Stream 1 Repaired in Case of Potential Energy Shortages
The Minister-President of the German state Saxony, Michael Kretschmer, is calling for urgent repairs to the Nord Stream 1 natural
Read more
energy crisis
EU Core Inflation Continues to Hit Record-Highs, Policy Makers Prepare for More Rate Hikes
Although inflation across the EU slumped into single digits last month, core inflation remains stubbornly resilient, cementing the case for
Read more
German State Declares Emergency, Requests Additional Loans to Cope With Energy Crisis
Germany’s largest state is declaring a financial emergency thanks to skyrocketing energy prices, in an effort to get access to
Read more
Germany to Impose 33% Windfall Tax on Oil, Coal, and Gas Companies
The German government unveiled yet another windfall tax this week, this time targeting profits generated by oil, coal, and gas
Read more
BASF Permanently Reduces Operations in Europe Due to Surging Energy Costs, Tighter Regulations
Global chemical producer BASF is quickly cutting back its European operations as surging energy costs and tightened regulations in the
Read more
Did Germany’s Economy Minister Just Accuse The US Of Profiteering Gas Revenues From The War?
Germany’s Economy Minister Robert Habeck has come close to accusing the United States and other gas exporters of “increased” prices
Read more
Sabotage!? The Nord Stream Russian Bubble Theory
Four sudden leaks in a double-barrelled undersea gas pipeline running from Russia to Germany, and associated seismic readings from nearby
Read more
Germany Gas Reserves Now At 91.3%, Ahead Of 95% Target By November 1
After reports circulated that Germany might miss its November 1 target of filling up 95% of its gas reserves, the
Read more
Olaf Scholz Mulls Nationalizing Germany’s Gas Importer to Avert Full Energy Catastrophe
You know Europe’s energy crisis is rapidly worsening when Germany’s government prepares to nationalize the country’s largest gas importing company
Read more
UK Ditching Green Policies? Liz Truss Vows to ‘Revolutionize Energy Supply’ by Boosting Offshore Drilling, Scrapping Fracking Ban
After freshly taking over from Boris Johnson, new UK prime minister Liz Truss vows to immediately get to work in
Read more