REPI:GAS

Norway wealth fund posts document $164 bln loss

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Loss in 2022 exceeds earlier document from 2008 Inflation, geopolitical tensions stay threat elements Document influx of cash from oil and gasoline trade OSLO, Jan 31 (Reuters) – Norway’s wealth fund, one of many world’s largest buyers, posted a document lack of 1.64 trillion crowns ($164.4 billion) for 2022, bringing to an finish a three-year … Read more

Turkey’s push into Iraq dangers deeper battle

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SARARO, Iraq, Jan 31 (Reuters) – Looming over the abandoned village of Sararo in northern Iraq, three Turkish army outposts break the skyline, a part of an incursion that compelled the residents to flee final 12 months after days of shelling. The outposts are simply among the dozens of recent army bases Turkey has established … Read more

Italy’s Eni indicators $8 billion Libya fuel deal as PM Meloni visits Tripoli

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ROME/TRIPOLI, Jan 28 (Reuters) – Italian power firm Eni and Libya’s Nationwide Oil Company (NOC) signed an $8 billion fuel manufacturing deal on Saturday aimed toward boosting power provides to Europe regardless of the insecurity and political chaos within the North African nation. The deal, signed throughout a go to to Tripoli by Italy’s Prime … Read more

Factbox: Why have been tens of millions of Pakistanis with out electrical energy?

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SINGAPORE, Jan 23 (Reuters) – Tens of millions of Pakistanis have been left with out electrical energy for the second time in three months after a grid failure on Monday, affecting almost all components of the nation – from the capital Islamabad within the north to Karachi within the south. This is a have a … Read more

Unique: Europeans dial down the heating, heed calls to avoid wasting power

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BERLIN, Jan 18 (Reuters) – Europeans have dialled down their heating this winter, apparently heeding authorities calls to preserve power amid the Ukraine disaster, with some delaying switching it on by virtually a month and setting the temperature decrease, information exhibits. The information, from a whole lot of 1000’s of sensible thermometers put in in … Read more

Lithuania-Latvia gasoline pipeline blows up, however no signal of assault

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VILNIUS, Jan 13 (Reuters) – A gasoline pipeline connecting Lithuania and Latvia was hit by an explosion on Friday however there was no quick proof of an assault, Lithuania gasoline transmission operator Amber Grid mentioned. Video printed by Lithuania’s public broadcaster LRT confirmed a fireplace raging on the blast web site within the Panevezys county … Read more

Explainer: Why the U.S.-Mexico power spat is a troublesome nut to crack

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MEXICO CITY, Jan 6 (Reuters) – The leaders of america, Canada and Mexico are because of maintain a summit subsequent week, the place a significant bone of rivalry might be a dispute centering on whether or not Mexico breached a commerce pact by tightening state management of its power market. WHERE DOES THE DISPUTE STAND? … Read more

Storm cuts U.S. oil, gasoline, energy output, sending costs increased

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Dec 23 (Reuters) – Frigid chilly and blowing winds on Friday knocked out energy and reduce vitality manufacturing throughout the USA, driving up heating and electrical energy costs as folks ready for vacation celebrations. Winter Storm Elliott introduced sub-freezing temperatures and excessive climate alerts to about two-thirds of the USA, with chilly and snow in … Read more

Three useless as blast shuts a part of Russia-Ukraine fuel export pipeline

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MOSCOW, Dec 20 (Reuters) – A blast ripped by means of a fuel pipeline in central Russia, killing three folks and disrupting a number of the restricted quantity of Russian fuel that’s nonetheless reaching Europe, native officers mentioned on Tuesday. The movement of fuel by means of a bit of the Urengoi-Pomary-Uzhhorod pipeline that takes … Read more

Some EU states formally specific issues to France over Macron Russia feedback – diplomats

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PARIS, Dec 12 (Reuters) – Baltic states and different European nations upset at feedback made by French President Emmanuel Macron concerning safety ensures for Russia formally lodged disapproval and defined their place to France on Monday, diplomats mentioned. In an interview with French TV station TF1 on Dec. 3, Macron mentioned Europe wanted to organize … Read more