According to present trends, the European Union is on course to meet or exceed gas storage reserve levels in preparation for the winter. However analysts are warning, meeting gas storage…

On Friday, Russian State Energy company Gazprom announced it is suspending all natural gas flows through the Nord Stream 1 pipeline indefinitely, due to technical malfunctions. It had previously shut…

India has implanted a restriction on wheat flour exports, in a bid to lower prices for their domestic market, according to the government. New Delhi had banned wheat exports in…

According to a new report in Bloomberg, Goldman Sachs analysts are telling clients that British inflation could jump above 22% if gas prices continue to rise. According to the report,…

On Friday both Germany and France set records for high electricity prices, as Western sanctions continue to batter European countries economies, Meanwhile, Russia remains comparatively unscathed, as the higher energy…

Switzerland is looking to cut natural gas usage in the country by 15% from October to March of this winter season, compared to the average consumption over the last five…

Martin Krengel, chairman of the Germany’s paper industry association, Die Papierindustrie says the European gas crisis may produce a toilet paper crisis in Germany. Krengel said in a statement, “We…

Economists at UBS have issued a report which states the Eurozone has already entered a “shallow” recession which they expect to last through the end of the year. They attributed…

Russia and India have now established a means of conducting mutual settlements in rubles and rupees, and no longer need to use the US dollar for trade between the nations,…

UK independent energy consultancy Auxilione predicts that the average British household will see their energy bill skyrocket to £6,000 (just over $7,100) in 2023 Analysts estimate the price cap on…