EU is paying a high price for weaning itself from Russian gas
Steel, copper and aluminum reached records in the past year, threatening to slow Europe’s plan to triple renewables
Source: timeslive.co.za
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Russian oil refiners are cutting back production, Gunvor says
Russian refiners are trimming their output, threatening to exacerbate a European diesel market already in short supply, Gunvor Group Chief Executive Officer Torbjorn Tornqvist said.
Source: worldoil.com
U.K. to Raise Offshore Wind Power Targets in Energy Security Push
By Alex Morales (Bloomberg) — The U.K. is planning to significantly raise targets for offshore wind power as part of its drive toward energy self-sufficiency in the wake of Russia’s invasion...
Source: gcaptain.com
Wind Giant Vestas Slumps as Earnings Slide on Surging Costs
By William Mathis (Bloomberg) — Vestas Wind Systems A/S tumbled in Copenhagen trading after a drop in profit prompted the company to slash its dividend. The world’s top supplier of wind...
Source: gcaptain.com