Power and Energy Industry - The Daily NewsBrief

Medical Professionals, Bankers Protest the “Impossible Scenario” as Sri Lanka Runs Out of Fuel

June 30, 2022 by Fourth Estate Wire

Sri Lankan doctors and bankers marched on Wednesday to call for the government to either end a catastrophic gasoline shortage amid the nation’s greatest economic crisis in decades or resign....

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Sri Lanka to Send Ministers to Russia for Fuel Negotiations

June 28, 2022 by Fourth Estate Wire

Sri Lanka’s energy ministry said it would send two officials to Russia to seek fuel negotiations as the country faces a fuel shortage. Energy Minister Kanchana Wijesekera said the officials...

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European Union Agrees to Mandatory Gas Storage Amid Russia Fuel Shutoff

June 28, 2022 by Fourth Estate Wire

The 27-nation European Union (EU) came to an agreement on Monday that all-natural gas storage should be filled to at least 80% capacity for the upcoming winter in preparation for...

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French Energy Concessions Advise Reducing Energy and Fuel Use

June 27, 2022 by Fourth Estate Wire

The heads of three French energy providers urged the public to immediately cut back on their use of gasoline, oil, electricity, and gas due to shortages and rising prices brought...

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Ecuador to Cut Fuel Prices After Recent Protests

June 27, 2022 by Fourth Estate Wire

Ecuadorian President Guillermo Lasso announced on Sunday that Ecuador will cut fuel prices after two weeks of mass protests against the soaring cost of living. Lasso promised to cut 10...

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EU Told to Brace for Russian Gas Shutoff

June 23, 2022 by Fourth Estate Wire

The International Energy Agency has warned that Europe must prepare for Russia to turn off all gas exports to the region this winter, calling on governments to take measures to...

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France Urged to Deny Total’s Payments to Myanmar Junta

June 22, 2022 by Fourth Estate Wire

The Myanma Oil and Gas Enterprise (MOGE), a subsidiary of the French oil and gas company Total, has been requested by about 459 civil society organizations in France not to...

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Lebanon, Syria, and Egypt Sign Trade Agreement On Gas Imports

June 21, 2022 by Fourth Estate Wire

Lebanon, Syria and Egypt on Tuesday signed an agreement to send natural gas from Egypt to the energy crisis-hit and chronic outage Lebanon through Syria, but still the project requires...

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Petrobas CEO Steps Down After Just 40 Days

June 21, 2022 by Fourth Estate Wire

Jose Mauro Coelho resigned as chief executive of Brazilian state-controlled oil giant Petrobras after 40 days. Coelho was already fired by Brazilian President Jair Bolsonaro in May but recently resigned...

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Ukrainian Forces Strike Russian Oil Rig with Missiles off Crimea

June 20, 2022 by Fourth Estate Wire

A Crimean official has said Ukraine launched a missile attack on Chernomorneftegaz oil rigs in the Black Sea. Sergei Askyonov, a Crimean official, said that three people at the Chernomorneftegaz...

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