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‘Don’t pay’ campaign neglected by Ofgem

‘Don’t pay’ campaign neglected by Ofgem Ofgem Chief Executive is going to discourage people from joining campaigns for an energy cost strike. Tens of thousands have previously put their names to a agreement to cancel their direct debit payments for energy bills from 1st October. Following the statement of the quarterly price cap review methodology,…
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Madrid won’t be turning off lights to save energy

Madrid won’t be turning off lights to save energy The regional officer of Spain’s capital, Madrid has stated that the city won’t be switching off the lights to preserve energy ahead of the “tough” winter for countries all across the world. Her comments lead the statement of emergency actions from Spain’s Prime Minister Pedro Sánchez.…
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Germany to examine Nord Stream gas turbine

Germany to examine Nord Stream gas turbine: The German Chancellor, Olaf Scholz, intends to stop in at the facility where the Nord Stream 1 gas turbine is stored following maintenance. The turbine has been the focus of a dispute between Russia and Europe regarding the announced indications of its arrival during Gazprom’s allegations in respect…
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Latvia’s response for Russia’s gas cutting

Latvia’s response for Russia’s gas cutting Latvian officials have reassured homes & businesses that there will be no major interruption to energy security after Russia’s choice to wipe out gas supplies to the country. “Today, Gazprom stopped its gas supplies to Latvia specified in the July request due to a violation of the conditions established…
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Canada faces lawsuit in Nord Stream 1 turbine act

Canada faces lawsuit in Nord Stream 1 turbine act: A group in Ukraine has filed a lawsuit against Canada in response to the country’s choice to permit the return of a refurbished Nord Stream 1 turbine to Germany. The decision to grant the permit was not “reasonable, transparent, or properly authorised”, states the notice of…
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Gazprom refuses to pay shareholders this year

Gazprom refuses to pay shareholders this year All shareholders of Russian majority state-owned Gazprom will not get dividends on last year’s financial results. This marks the first time the energy giant chose not to pay dividends since the date 1998. Gazprom’s Deputy Chief Executive Officer Famil Sadygov stated: “The shareholders decided that in the current…
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Russia gas cuts have a large impact on Uniper

Russia gas cuts have a large impact on Uniper Energy group Uniper, which holds and conducts eight power plants all across the UK, including hard coal power plant Ratcliffe-On-Soar in Nottinghamshire, is reportedly in talks for a potential bailout. In past weeks, the cut gas movements from Russia had a large impact on the company’s…
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Agreement by Centrica to safegaurd winter energy supplies

Agreement by Centrica to safegaurd winter energy supplies Centrica has collaberated with Equinor to steady the energy crisis due to rising energy bills and the war in Ukraine. The signed settlement will see the Norwegian energy firm bring an extra 1 billion cubic metres of gas supplies to the UK for each of the next…
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Nord Stream gas flow reductions again in EU

Nord Stream gas flow reductions again in EU Russia‘s energy giant Gazprom has said it is limiting once more the amount of gas to Germany to under 70 million cubic metres per day. Normally, the amount of gas supply is 167 million cubic metres per day. Yesterday, the company unveiled a major cutback in the…
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Customers could be paying above £2,900 on energy bills.

Customers could be paying above £2,900 on energy bills. Millions of customers could be paying above £2,900 a year by January next year on energy bills. The recent developments in regards to recent Russian oil sanctions and gas supplies being cut to several European markets have forced analysts from Cornwall Insight to increase their price…
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