Category archives for electricity

European energy company debt jumps 50% since the beginning of 2020 to 1.72 trillion dollars

  • 19 July, 2022
  • 4:56 pm EEST

European energy companies are facing many challenges, amid continuing to bleed losses and debts, and searching for ways to finance their businesses, whose costs have increased in light of the rise in oil and gas prices. And energy prices in…

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Global gas and coal prices lift Australia’s energy export earnings by 3%

  • 04 July, 2022
  • 4:39 pm EEST

Gas and coal prices continue to rise to record levels that will boost Australian revenues next year (2023), as it seems that the repercussions of the Russian invasion of Ukraine will not be enough to stand behind market volatility during…

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Russian coal ban threatens to raise electricity prices in Europe Russia could lose revenue of nearly $4.4 billion

  • 08 April, 2022
  • 5:42 pm EEST

Although Europe's decision to ban Russian coal will affect a major source of Moscow's revenue, it risks soaring electricity prices on the old continent, amid tight global supplies. The European Union on Friday formally adopted the fifth package of sanctions…

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Gazprom shares fall 40% on the Moscow Stock Exchange

  • 24 February, 2022
  • 5:35 pm EET

Gazprom Shares Fall 40% On The Moscow Stock Exchange The Russian Gazprom share price fell by 40% on the Moscow Stock Exchange, at 01:30 GMT The decline in Gazprom's stock came after Russian President Vladimir Putin announced that he had…

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Renewable energy electricity prices are rising in America witnessed a jump in the last quarter of 2021

  • 21 January, 2022
  • 2:52 pm EET

The increasing rates of inflation have reflected noticeably on the prices of electricity generated from renewable energy sources in America, and expectations indicate further rises to come. In light of the high demand for goods, coinciding with the recovery from…

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