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Russia rejects IEA charge it’s to blame for Europe gas crunch

Gazprom pjsc's kasimovskoye underground gas storage amid euro gas crisis

  Bloomberg Russia has nothing to do with the energy crisis in Europe, Deputy Prime Minister Alexander Novak said, rejecting allegations from the International Energy Agency this week that it’s holding back supplies and driving up prices of natural gas. “Neither Russia nor our main exporter Gazprom have anything to do with this,” Novak told state television, according to the ...

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S Africa’s Eskom takes two atomic units offline

Exkom copy

  Bloomberg Eskom Holdings SOC Ltd., which supplies almost all of South Africa’s power, will take two of the continent’s largest generating units offline this year for maintenance, increasing the risk of power cuts after the nation had record outages in 2021. The extended unavailability of the units with capacity of 920 megawatts each due to the “planned long outages ...

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The Made in China plan is back, and it’s better

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  As the world is grappling with the latest virus variant, China unveiled a sharpened version of the Made in China 2025 industrial policy blueprint. Previous iterations may have had nations like the US on edge, but this is the one to keep an eye on. State planners released a five-year smart manufacturing development plan in late December that aims ...

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