energy crisis

energy crisis

Moscow Moves to Supply Havana with Oil Amidst a Severe Energy Crisis

International
Moscow Moves to Supply Havana with Oil Amid Severe Energy Crisis Russian newspaper “Izvestia” reported today, citing diplomatic sources, that Russia will soon provide Cuba with oil and ...
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“OPEC Plus” Maintains Oil Production Despite Market Tensions

Economy
OPEC+ Maintains Oil Production Despite Market Tensions The OPEC+ alliance has kept oil production steady, despite the United States’ arrest of Venezuelan President Nicolas Maduro, a major oil-producing ...
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Unprecedented Surge in Electricity Consumption Due to Air Conditioners During the Recent Heat Wave

Spain and Portugal
Society
Unprecedented Rise in Electricity Consumption Due to Air Conditioners During the Recent Heat Wave The national electrical system recorded its highest peak demand on June 30, due to ...
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Tensions in the Middle East Drive Up Oil Prices and Put Pressure on Asian Markets

International
Tensions in the Middle East Drive Up Oil Prices and Pressure Asian Markets Oil prices surged and Asian stocks fell on Friday after Israel carried out strikes targeting ...
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Japan Reduces Fuel Prices to Alleviate Living Costs

International
Japanese Prime Minister Shigeru Ishiba announced on Wednesday a new package of fuel price reductions, which includes a decrease of 10 yen (about 7 cents) per liter of ...
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Nigeria Aims to Produce 8,000 Megawatts of Electricity by 2027

Spain and Portugal
International
Nigeria is aiming to produce about 8,000 megawatts of electricity by 2027 in order to overcome frequent power outages and improve access to more stable electricity for Nigerians. ...
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