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Analysis: 'Living hand to mouth': Europe's gas crunch shows little sign of easing - Vimarsana News

Analysis: 'Living hand to mouth': Europe's gas crunch shows little sign of easing

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

Industry boss warns factories are ALREADY slowing down production amid rocketing gas prices - Vimarsana News

Industry boss warns factories are ALREADY slowing down production amid rocketing gas prices

Thousands of British businesses need state-backed rescue measures to arrest declining production amid surging energy costs, the head of the Energy Intensive User Group warned.

US warns Putin that weaponsing gas supplies will 'backfire' - Vimarsana News

US warns Putin that weaponsing gas supplies will 'backfire'

Russia has been accused of holding Europe to ransom over gas supplies in order to win approval for its Nord Stream 2 pipeline, a project that was only completed after Joe Biden lifted sanctions.

Prepare for 'significant' rise in energy bills: Ofgem chief confirms price cap WILL go up - Vimarsana News

Prepare for 'significant' rise in energy bills: Ofgem chief confirms price cap WILL go up

The energy crisis has been blamed, in part, on a shortage of natural gas caused by Vladimir Putin allegedly 'choking' supplies to Europe.

Shutdown for winter: UK Steel says rocketing energy costs could 'strangle' production - Vimarsana News

Shutdown for winter: UK Steel says rocketing energy costs could 'strangle' production

Andrew Large, of the Confederation of Paper Industries, attended a meeting on Friday with Business Secretary and other representatives of energy intensive industries.