No summit breakthrough, EU struggles with gas price cap plan
PRAGUE (AP) — European Union leaders struggled Friday to bridge significant differences over a natural gas price cap as winter approaches and Russia’s war in Ukraine fuels a major energy crisis, driving up prices for consumers and businesses.
The price cap is one of several measures the 27-nation bloc is preparing to contain an energy crisis in Europe that some fear could lead to rolling blackouts, factory shutdowns and a deep recession over the winter in economies already weakened by the coronavirus pandemic.
Ontario’s electricity sector will need more natural gas generation: report
Ontario plans to secure more natural gas generation in order to fuel an expected surge in demand for electricity, the energy minister said Friday, the latest announcement in what critics describe as a scramble in the face of a potential energy shortage.
California Governor Newsom to call special legislative session over gas prices
California Gov. Gavin Newsom will call a special session of the state Legislature to pass a new tax on oil companies.
EXPLAINER: How will OPEC+ cuts affect oil prices, inflation?
FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy. And the law of supply and demand suggests that can only mean one thing: higher prices are on the way for...
SIMSA Saskatchewan Suppliers’ Energy Forum packs house, includes oil and gas, hydrogen, lithium and nuclear
REGINA – On Sept. 28, the Saskatchewan Industrial and Mining Suppliers Association’s (SIMSA) premier energy event took place, and it was sold out.
Sporting a new name, the event is now the 8th Annual Saskatchewan Suppliers’ Energy Forum. It was formerly known as the Saskatchewan Oil and Gas Supply Chain Forum.
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