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Energy crisis: Could Italy's next government drop Russian sanctions? – BBC News
Energy prices have become a key issue in Italy’s upcoming election. Polls suggest a coalition led by the far-right is likely to win, with some of its members talking about dropping sanctions against Russia, because of the energy crisis. Italy’s favourite to become prime minister, Giorgia Meloni, has been firmly behind Italy’s current government’s supportive position towards Ukraine. However, her coalition partners Matteo Salvini and…
Who's winning the energy battle between Russia and the West? | Counting the Cost
An all-out energy war between Russia and the West threatens to deepen Europe’s energy crisis, putting pressure on governments to make interventions in the energy market to rein in soaring prices. But it also puts the Kremlin’s revenues at risk and is meant to stem the flow of funds into its war coffers. Moscow’s earnings from energy exports are expected to rise by 38 percent…
Will the EU put in place a long-term energy strategy? | Inside Story
European energy ministers have failed to agree on a plan to cap Russian gas prices at an emergency meeting in Brussels. The session aimed to consider how to shield households and businesses from soaring energy bills. EU energy commissioner Kadri Simson says countries heavily reliant on Russian supplies fear they will be cut off altogether. President Vladimir Putin had earlier threatened to make Europe ‘freeze’…
Is nuclear energy making a comeback? | Inside Story
Europeans are facing major increases in energy bills driven by Russia curbing gas supplies to the continent. Natural gas prices continue to rise in Europe and are now about 10 times more expensive than a year ago. That’s prompted several leading governments, including in France and Britain, to prioritise an expansion of their nuclear energy programmes. But is it the right solution? And what are…
UK braces for soaring energy prices
Families in the UK are bracing for an eighty percent rise in their energy bills. Government regulators have set limits on energy prices for nearly four years. However, with the cost of gas and electricity rising globally, prices are set to rocket. Al Jazeera’s Sonia Gallego reports. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website:…
BP sees biggest profit in 14 years as energy bills soar – BBC News
Energy giant BP has reported its biggest quarterly profit for 14 years after oil and gas prices soared. The energy giant saw underlying profits hit $8.45bn (£6.9bn) between April and June – more than triple the amount it made in the same period last year. It comes as typical UK household energy bills have been forecast to hit more than £3,600 a year this winter….
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The Canadian superstar has been embroiled in a ‘diss track’ feud with Kendrick Lamar, though there is no indication that the incident is linked to the rap battle. [...]
