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Mistake of Naftogaz can lead to bankruptcy of company

Ukraine's gas supply worries not only to the current leaders of the Naftogaz company. An expert assessment of the state of affairs in the industry was given by the ex-head of the organization Andrey Kobolev. In his opinion, the new management of the company turned ...

Major supplier of electricity collapsed in the UK

The British firm Bulb, one of the seven largest energy companies in the United Kingdom, has gone bankrupt and got under external control. The financial collapse was caused by gas prices, which were established in the fall of 2021. The company's share of electricity suppliers in the UK was about 6%. Experts note that over the past three months, 25 electricity suppliers in the country have already filed for bankruptcy. Several ...

SEVERAL ENERGY FIRMS HAVE GONE BURST IN THE UK AT ONCE

... prices Since August - five small operators have already gone burst and four more may soon be closed down as well. The price for gas is to be blamed here - this year, its retail price has increased by 3.5 times. This circumstance led to the impossibility ... ... the largest fertilizer producers from the United States left the British market. This happened precisely because of the energy crisis that had ‘covered’ Europe. Now a situation of food inflation may arise, as the farmers' costs are rising.

Fuel retailing in Russia has lost its profitability

... materials on the wholesale market remains there. Large companies will surely endure a period of negative margins. According to Maslov, who holds the post of director for development of the Shell's gasoline stations chain, this year, each liter of retail gasoline brings in 1.5 rubles of loss. Vertically integrated firms, which have the opportunity to sell fuel in bulk and export it abroad, will be able to survive the crisis. Their integrated margin easily covers the retail losses. However, there are less than a third of such filling stations in the Russian market. The majority of operators will face bankruptcy. According to experts, the current damper mechanism used ...

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