Macron says confident about France's energy supply this winter

2022-08-26 19:52:12 By : Mr. Peter Su

The energy price cap will jump to £3,549 from October

ALGIERS (Reuters) - President Emmanuel Macron said on Friday he was confident over France's energy supply this winter, adding the country was less dependent on Russian gas than other EU countries.

"The Franco-Algerian cooperation in gas is not a game changer", he added during a visit to the gas-rich North African country.

(Reporting by Benoit Van Overstraeten; Editing by Dominique Vidalon)

Members of Aslef at Chiltern, Northern and TransPennine Express backed walkouts in the long-running row affecting the industry.

The annual Jackson Hole economic symposium takes place in Wyoming, where the main event will be Friday’s speech from Federal Reserve chairman Jerome Powell. Markets appear to be pricing in a third successive 0.75% increase in US interest rates at next month’s meeting as Fed policymakers continue their inflation fight.

The £5bn takeover of Micro Focus by a Canadian rival is a “shame for all stakeholders”, its former chief executive has said.

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The industrial starch market is expected to grow from US$ 67,353. 01 million in 2022 to US$ 98,426. 74 million by 2028; it is estimated to grow at a CAGR of 5. 5% from 2022 to 2028. Starch can be extracted from plant sources such as maize (corn) and wheat.New York, Aug. 25, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Industrial Starch Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type, Source, and Application" - https://www.reportlinker.com/p

PRESS RELEASE Paris, August 25, 2022 Provisional annual results at end June 2022 The solid performance of the Nordic countries has led to an improvement in the results of the Ramsay Santé group, despite the persistent challenges of high inflation, a shortage of nursing and clinical staff and the ongoing pandemic, in which Ramsay Santé has continued to play a leading role in Europe. In line with its Yes We Care 2025 strategic plan, Ramsay Santé has continued to invest at a level comparable with p

German Economy Minister Robert Habeck said on Friday that it was "more than unsatisfactory" that profitable firms could access funds raised from a gas levy imposed on consumers aimed at helping troubled firms and that he was looking at ways to change it. "We're working to make sure that companies that have their own profit margins - those who don't need the solidarity - to force them out or make it hard for them to have access," Habeck said at a news conference at a charging infrastructure centre. However, abolishing the levy is not an alternative, said Habeck, adding that his overriding concern was to ensure the security of energy supply and that any changes must be legally sound.

Ed Miliband said the two candidates vying to be prime minister had not offered any solutions as the energy price cap is set to rise

Wind turbines, floating solar panels, and green hydrogen at sea are among the projects under construction off the Dutch coast, as a country famed for its water engineering prowess builds out its renewable energy infrastructure. At Hollandse Kust Zuid, a 1.5 gigawatt (GW) wind farm scheduled for completion next year, ten out of the 140 turbines are already producing electricity. Electricity from the farm is converted to a higher voltage and sent to shore from a station completed in July by Dutch grid operator TenneT.

(Reuters) -European shares firmed on Thursday on a boost from oil stocks ahead of minutes from the last policy meeting of the bloc's central bank, although gains were capped on mounting concerns of a recession induced by an energy crisis. Gains were broad-based, with energy shares jumping 1.1% to near 12-week highs as crude prices rose on mounting supply concerns. The benchmark STOXX index has lost about 11% this year as markets assess the impact of rapidly rising interest rates and raging inflation on consumer spending and company earnings amid the energy crisis.

HOUSTON (Reuters) -Most of the units at BP Plc’s 435,000 barrel-per-day Whiting, Indiana, refinery were out of production on Thursday following a Wednesday night fire, said sources familiar with plant operations. The company has said some units were shut by the electrical fire and those units would be restarting. The fire affected utilities to multiple units at the refinery, and BP has called in most of the refinery’s employees to work on repairs and restarts, the sources said.

British households will pay 80pc more in energy bills this winter, piling more pressure on people already struggling to cope with runaway inflation.

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Members of Aslef at Chiltern, Northern and TransPennine Express backed walkouts in the long-running row affecting the industry.

Experts warn bills could be pushed even higher without urgent intervention as gas prices continue to rise

HBO announced Friday that the "House of the Dragon" fantasy drama would return for a second season, after the "Game of Thrones" prequel debuted to nearly 10 million US viewers.

The cap will affect around 24 million households on default tariffs in England, Scotland and Wales.

Italy will update its gas emergency plan next week, a government source said on Thursday, adding Rome will not resort to rationing since it has cut its reliance on Russian imports. The updated emergency plan, however, envisages tougher measures that would be triggered in the event of a further reduction or a complete halt of gas supplies from Moscow. Italy's existing gas emergency protocol envisages three stages going from a state of pre-alert, imposed at the end of February after the Russian invasion of Ukraine, before moving to one of alert and then to a state of emergency.