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Spanish utility Endesa SA is set to shut down output at the country’s fifth-largest hydropower plant after drought-like conditions caused reservoir levels to fall below the minimum needed to keep it running.
The UK treasury has confirmed it will not allow any British insurers to cover ships carrying Russian oil from December 5. By December 5, tanker owners that fly any European Union flag or carry P&I insurance from an EU or UK club can no longer have crude oil onboard that originated in Russia, unless Russia …
Hedge fund giant Elliott Management has warned that markets have not fallen enough yet and the world is hurling towards the worst financial crisis since the...
Germany is offering loan guarantees to commodity trading houses to buy energy and key metals, as Russia’s invasion of Ukraine sparks a global scramble for resource security.
Emergency plans are being drawn up by the government in case there are national power outages.
Six nuclear units are expected to restart soon following repairs according to the French Energy Ministry Read Full Article at RTcom
The fourth-worst flood in Moree since records began has wiped out more than 120,000 hectares of wheat that was nearly harvest-ready.