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Irish company that worked with environmentally friendly fuel faced bankruptcy. Bright Energy has announced that it will leave the country's electricity supply market. All of its 1,300 customers will now be taken over by the Electric Ireland, the so-called ‘supplier of last resort’. Bright Energy was founded in 2020 as a joint venture ...
Modified: 01.28.2022The sharp rise in gas prices triggered a wave of bankruptcies of energy suppliers in the UK. The day before, three more firms declared their insolvency - as a result, over 230 thousand customers were left without suppliers. Last Wednesday, three UK energy companies - Igloo Energy Supply Ltd., Enstroga Ltd. and Symbio ...
Modified: 09.30.2021The energy industry in China has become hostage to the unprecedented decisions of the country's leadership, which has decided to sell part of the oil from its strategic reserves. In terms of imports of hydrocarbons, the Celestial Empire is ahead of all countries ...
Modified: 09.23.2021The energy crisis in Europe may leave German citizens without a traditional festive dish for Christmas. Bankruptcy threatens Lambertz, the manufacturer of German gingerbread and the legendary "Christstollen" – a traditional cupcake with nuts, candied ...
Modified: 12.21.2022... has recently become worse than in 2020. According to representatives of resource-supplying organizations, this situation may threaten to disrupt preparations for the winter heating season. In an open letter sent to the Prime Minister by the largest energy companies, the energy industry is asked to cancel the moratorium set at the end of March 2022 ahead of schedule. Otherwise, the country may find itself in a situation of a deep crisis of non-payments for communal services. In various regions, as ...
Modified: 07.22.2022The rapid rise in energy prices has jeopardized the work of companies in Germany. However, the problem does not only concern gas stations and the transport sector. According to local experts, existing taxes on electricity and the protracted reform of the public transport ...
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