Recent Posts

Surging energy prices to push one in three UK homes into fuel poverty

  Bloomberg Surging energy prices are projected to push one in three British households into fuel poverty by October, intensifying the cost-of-living crisis and heaping pressure on the new prime minister to take swift action. The number of homes spending more than 10% of total income on energy will jump to 8.2 million that month, when bills are set to ...

Read More »

Gas turbine for Gazprom’s Nord Stream 1 still in transit in Germany

Bloomberg A gas turbine for the operation of Gazprom PJSC’s Nord Stream 1 pipeline that’s the main route of gas transport from Russia to Germany is held up in transit after maintenance in Canada, the latest twist in an ongoing spat between the two countries. The turbine is currently stranded at an undisclosed location in Germany because Russia hasn’t provided ...

Read More »

Hindustan Zinc weighs expansion

  Bloomberg Hindustan Zinc, a unit of billionaire Anil Agarwal’s Vedanta, is considering expanding overseas as a way to profit from growth opportunities in Europe. “There is a strategic thought that we could venture into the international market,” Hindustan Zinc Chief Executive Officer Arun Misra said in a phone interview. “Europe provides us with an opportunity, the make or break ...

Read More »
Send this to a friend