The National Grid has declared its intention to decrease electricity consumption on Wednesday, citing “tighter than usual electricity supply margins expected on Wednesday evening.”
Share Talk Weekly Energy Sector News Round-Up, Saturday 21st October 2023
Middle East war could send oil to $140 a barrel, says Allianz War in the Middle East could cause the oil price to surge to $140 a barrel and bring
Norway, is closely observing the investigation into the Baltic Sea pipeline rupture
Europe’s major gas supplier, Norway, is diligently following the investigation into the mysterious damage to a Baltic Sea gas pipeline.
Putin refutes claims of Russia meddling with the gas pipeline
President Vladimir Putin dismissed claims suggesting Russia’s hand in the disruption at the Balticconnector gas pipeline, calling them “utterly baseless.”
Oil gains amid fears the Israel-Hamas war could destabilise the Middle East.
Oil prices have been pushed higher due to concerns that the conflict between Israel and Hamas might destabilize the Middle East.
Vladimir Putin said Russia and Saudi Arabia could keep cutting oil supplies
Vladimir Putin indicated that the reduction in oil supplies by Saudi Arabia and Russia is likely to be prolonged, as the Opec+ group seeks to stabilize prices.
Russia attempts to stabilize the rouble amidst Western sanctions’ impact
The Bank of Russia is bolstering the beleaguered rouble in response to the mounting challenges posed by Western sanctions against Vladimir Putin’s administration.
National Grid will compensate households for reducing their electricity consumption on at least 12 occasions this winter.
The National Grid has announced that, in a bid to ensure uninterrupted power across Britain this winter, it will offer compensation to households that reduce their electricity consumption.
President Vladimir Putin Says Belarus Got First Russian Nuclear Weapons
President Vladimir Putin announced that Russia has made its initial delivery of tactical nuclear weapons to Belarus. This delivery comes three months after unveiling the plan, which is causing escalating
Russia energy war cost taxpayers £2,500 a second
The energy conflict instigated by Vladimir Putin, following his incursion into Ukraine, resulted in a staggering expense of £2,500 per second for taxpayers as the government endeavoured to mitigate the
China intensifies backing for Putin amid escalating Western sanctions.
Trade between China and Russia surged to a level unseen since the start of Vladimir Putin’s war in Ukraine, according to official figures, as Beijing increases its aid to its
Zelenskiy asserts Ukraine is prepared to initiate a counterattack.
President Volodymyr Zelenskiy announced in an interview that surfaced on Saturday, Ukraine’s readiness to initiate their long-anticipated counteroffensive to reclaim the territories under Russian control.