Europe’s gas prices face uncertain future
14 January 2023 | 5:58 pm
Gas prices in Europe have fallen to pre-Ukraine invasion levels and it seems we might avoid a full-blown energy crisis this winter. But experts expect a tough winter 2023/24.
In Poland, a leak in the Druzhba pipeline that is carrying oil from Russia to several European countries has been detected. Authorities stated that it is too early to identify the cause of the damage. Germany's economy ministry says it is receiving less oil, but supplies are guaranteed.
Miltiades Schmidt says his family belongs to Germany’s middle class. But with prices rising fast, he wonders how much longer they’ll be able to make ends meet. A look at how one family is dealing with the energy crisis.
Europe is seeking to cut Russian gas supplies and replacing them with liquefied natural gas (LNG) from elswhere. The next six months are crucial for the energy shift, Michael Stoppard from S&P Global Commodity Insights told DW.
Glacial runoff is likely causing "viral spillover" events in high Arctic lakes, researchers have found in a new study. But thankfully, the chances that this might cause a pandemic are very low.
Anger and disillusionment greeted the news that Liz Truss had tendered her resignation after less than two months as the UK's prime minister. With pressing policy issues piling up, the Tories seek to replace her quickly.
In Europe, the right to abortion isn't universal. Poland is the scene of vociferous protests against some of the continent's strictest abortion laws. Further south, in Italy, some doctors refuse to terminate pregnancies — even in medical emergencies.
Skyrocketing inflation and energy costs are expected to dampen European spending on retail goods, which will come down hard on Asian production centers.
Norway is expected to export nearly 90 billion cubic metres (bcm) of gas to the European Union, nearly 25% of its expected gas needs this year, according to forecasts from energy consultancy Rystad. Exports to Britain could reach 36 bcm, nearly 50% of the country's total gas demand.
The continent has seen temperatures rise at a rate more than double that of the rest of the world over the past thirty years. At the same time, European countries had significantly reduced greenhouse gas emissions.
A photoshopped magazine cover from Stern magazine, features Ursula von der Leyen as 'Europe's most criminal woman.' While the publication does exist, the real cover features Italy's Prime Minister, Giorgia Meloni, not Ursula von der Leyen. We tell you more in this edition of Truth or Fake.
The European Union's environment watchdog has reported 238,000 premature deaths in the bloc in 2020 due to air pollution.
It's one emergency the EU didn’t need. Already dealing with a war on its doorstep, an energy crisis and rising inflation, the handling of the Ocean Viking – a ship carrying migrants rescued in the Mediterranean – starkly showed the limits of European solidarity.
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