Europe
Weather forecasters said temperatures are expected to be above normal in early November, followed by mild weather for the rest of the month. Autumn is unseasonably warm in Europe this year. Gas prices in Europe may drop below $1,000 per thousand cubic meters on the back of 95% full
Europe
The transaction amounted to 137 million euros. The buyers were Lukoil and Gazprombank-Fresia Fund, which bought 26.93% and 29.5%, respectively. In total, Enel sold its entire 56.43% stake. The deal included Russian generating assets, including about 5.6 GW of conventional generation and about 300 MW of
Europe
Roskomnadzor regularly adds to the list of VPN-services blocked in Russia. According to unofficial information, the agency may add at least 10 more products to the list. Among them: Cyberchost VPN, Mcafee VPN, Quark VPN and others. The Office said that it monitors the activities of such companies and blocks
Europe
Authorities discovered an illegal pipeline at one of the country's main oil export terminals, through which oil has been stolen for more than 9 years. The four-kilometer-long pipeline is located at the Forcados terminal. "Oil theft in the country has been going on for more than 22
Europe
The country's unemployment rate currently stands at 3.6 percent, a figure that was expected to be 3.8 percent. The situation is similar to the U.S. model, where the labor market looks strong at the risk of recession. However, the U.K. situation is much closer
Europe
The new EU bill to combat the energy crisis does not include measures to cap the price of gas. The document only includes an innovation in the form of a tax on excess profits of energy companies. The EU cannot agree on a price ceiling because some EU countries are
Europe
Portuguese "golden visa" - a program for immigrants who invest in real estate worth 500 thousand euros or create 10 jobs in Portugal. The Service for Foreigners has received 10 requests for a "golden visa" from Russian citizens since the beginning of the EAS. All applications
Europe
Nigeria will triple its gas production from 206bn cubic meters to 600bn. In addition, Nigeria will build a pipeline through Algeria, which will deliver gas directly to Europe.
Finance
The business activity index rose to 49.2 compared to 48.9 last month and 48.1 was expected. The U.K. economy has been stronger than European countries. Developers in the UK were not much affected by the energy crisis. At the same time, they are optimistic about the
Europe
At the moment, Germany's natural gas storage facilities are 86 percent full. Germany's dependence on Russian gas has a strong negative impact on the economy. Today the business activity data came out, which confirms these arguments. Gas prices will potentially rise throughout the fall and winter
Europe
The composite business activity index declined to 46.9 from 48.1 a month earlier. The main reason for the slowdown was a sharp rise in energy prices. On top of that, supplies via the Server Stream have been halted due to equipment malfunctions. And gas prices may exceed $4,
Europe
An Iraqi delegation plans to travel to Germany for talks on oil exports. Iraq recently received requests from India and China to increase its oil supply.