Seb Kennedy is the founding editor of Energy Flux, an independent newsletter about the energy transition.
Russian president Vladimir Putin has always enjoyed trolling European leaders. As relations between Moscow and Berlin deteriorate over reduced natural gas supplies and Ukraine-related sanctions, Putin is now brazenly gaslighting his German counterpart, chancellor Olaf Scholz. But it’s a move he could come to regret. Putin suggested this week that Germany should give the shelved Nord
Russia’s latest gambit in the Ukraine conflict is to open a currency war with the West. Vladimir Putin’s declaration that Russia will only accept roubles as payment for natural gas bought by ‘unfriendly’ countries is the latest salvo in the long-running attack by Russia and China on the petrodollar system. The EU settles most of
22 min listen
Freddy Gray talks to Seb Kennedy, founding editor of Energy Flux, about the US increasing its exports of liquefied natural gas to Europe to help relieve soaring costs.
Today’s snap decision by German Chancellor Olaf Scholz to halt Nord Stream 2 — the new pipeline intended to export vast amounts of Russian gas into the EU — will make precisely no difference to European energy security, at least in the short to medium term. It could force a rethink of Berlin’s longer-term energy
38 min listen
In this week’s episode: with the energy crisis picking up pace who are set to be the winners and losers in this cold war for gas? Domestically we are seeing queues for petrol, rising gas prices all in the face of the Government’s net-zero agenda. And internationally things are looking just as turbulent, with China
Before Britain started worrying about a shortage of lorry drivers and petrol, we were fretting about a spike in wholesale gas prices. A couple of weeks and news cycles later, it would be easy to imagine that crisis had gone away. It hasn’t. On the contrary, global gas markets are preparing for a volatile winter.