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Europe's Soaring Gas Bill Is Sending Utilities Back To Coal
Europe's Soaring Gas Bill Is Sending Utilities Back To Coal
Authored by Haley Zaremba via OilPrice.com,
Europe's energy crisis isn't over. Gas prices remain punishingly high across the continent as Europeans stare down the barrel of a long winter.
In response to back-to-back-to-back energy crises stemming from Europe's continued reliance on imported liquefied natural gas against the backdrop of ongoing global geopolitical volatility, Europe's leaders are pushing to diversify the bloc's energy mix. While this means that Europe is rapidly expanding its renewable energy capacity, it also marks a significant return...
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Iraq-Syria Pipeline To 'Bypass' Hormuz Likely To Take Four Years, $15BN To Build
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Via The Cradle
Iraq's plan to build a pipeline to export oil through Syria and partially bypass the Strait of Hormuz will likely take four years to complete and cost $15 billion, Reuters reported on Monday.
Iraq urgently seeks new outlets for its oil exports, which have plummeted since Iran closed the Strait of Hormuz in response to the US-Israel war on the Islamic Republic that started in February.
via Axios
In July, Baghdad exported only 35.5 million barrels through its Basra ports via...
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May 3, 2026 / Tyler Durden
GameStop CEO Prepares Takeover Bid For eBay
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