NEWS: Spain presses Algeria to guarantee natural gas supply

BARCELONA, Spain (AP) — For the second time in a month, a member of Spain’s government met with Algerian officials on Wednesday to guarantee the European country’s supply of natural gas after Algeria closes a pipeline that runs through Morocco this weekend. While a...

NEWS: Energy crunch hits global recovery as winter approaches

Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can’t find fertilizer, made using natural gas. And fears are rising that...

NEWS: Heating bills set to soar as inflation hits energy prices

https://pipelineonline.ca/wp-content/uploads/2021/10/natural-gas-inflammation-in-stove-burner-and-burning-money-debt-taxes-financial-cli-SBV-331143299-HD.mp4 NEW YORK (AP) — Get ready to pay sharply higher bills for heating this winter, along with seemingly everything...

NEWS: EU calls for relief funds to help energy price hit consumers

BRUSSELS (AP) — The European Union on Wednesday urged member countries to provide relief funds to consumers and small businesses hit hardest by rising gas and electricity prices, as criticism mounts that the bloc’s climate change fighting policies are fueling the...

NEWS: Saudi Aramco hits $2T valuation on back of higher oil prices

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s oil company Aramco reached a $2 trillion valuation as it hit near record levels Wednesday during trading hours. Its market cap value puts Aramco just behind Microsoft and Apple as the world’s most valuable...