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Europe burns cash to help businesses in energy crisis

Europe burns cash to help businesses in energy crisis

Join now for FREE unlimited access to Reuters.com Register Gas prices in Europe soared amid Ukraine crisis Utilities face a cash crunch Germany ‘will do everything possible’ to help businesses Russian mobilization triggers soaring oil prices BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalized gas importer Uniper (UN01.DE) on Wednesday and Britain said it would cut …

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Europe rushes to prepare for this winter's energy crisis

Europe rushes to prepare for this winter’s energy crisis

Spain could close energy-intensive industries during peak hours France prepares to send gas to Germany in October Germany to sign LNG contracts in UAE Berlin still working on Uniper bailout BERLIN/LISBON, Sept 19 (Reuters) – Germany pushed for liquefied natural gas contracts with Gulf producers on Monday and other European states outlined measures to save …

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Biden, unions and railroad leaders fight for deal as shutdown looms

Biden, unions and railroad leaders fight for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials held labor contract talks on Wednesday evening to avoid a possible rail shutdown that could disrupt freight shipments and hamper food supplies and fuel, but a small union rejected a deal and Amtrak called it all off. long-distance passenger travel. Railroads including Union Pacific (UNP.N), Berkshire …

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US railroads to suspend grain shipments ahead of possible shutdown - farm sources

US railroads to suspend grain shipments ahead of possible shutdown – farm sources

CHICAGO, Sept 13 (Reuters) – Some U.S. railroads will begin halting crop shipments on Thursday, a day before a possible work stoppage, an agricultural association and sources at two grain cooperatives said on Tuesday, threatening exports and producers. livestock feed deliveries. As farmers begin harvesting fall crops that are shipped to meat and biofuel producers, …

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Germany and the EU in the race to solve the energy crisis

Germany and the EU in the race to solve the energy crisis

Join now for FREE unlimited access to Reuters.com Register Germany plans to expand loans to energy companies EU securities watchdog mulls EU-wide measures The Commission will announce broader plans on Wednesday BERLIN/FRANKFURT, Sept 13 (Reuters) – Germany will step up lending to energy firms threatened with being crushed by soaring gas prices, it said on …

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Oil rises 4% on supply threats, still forecast for weekly decline

Oil rises 4% on supply threats, still forecast for weekly decline

The chimneys of the Total Grandpuits oil refinery are seen just after sunset, southeast of Paris, France, March 1, 2021. REUTERS/Christian Hartmann Join now for FREE unlimited access to Reuters.com Register Oil benchmarks head for second weekly decline Putin threatens to cut off all energy sources Fed’s Waller: Need aggressive rate hikes now while economy …

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EU to claw back profits from energy companies rather than cap Russian gas price

EU to claw back profits from energy companies rather than cap Russian gas price

Join now for FREE unlimited access to Reuters.com Register EU countries ask bloc to propose windfall income cap Ministers also call for EU proposal on gas price cap Countries resist EU plan to cap Russian gas price BRUSSELS, Sept 9 (Reuters) – European Union energy ministers on Friday tasked Brussels with drafting proposals within days …

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