Dahlan Iskan: The Government’s Anger Has Peaked

Jakarta, CNBC Indonesia – The former Minister of State-Owned Enterprises, Dahlan Iskan, highlighted the ‘drama’ of the ban on coal exports which has drawn a negative response from Indonesian coal industry players. The policy of a month-long export ban is suspected to be a potential energy crisis experienced by PT PLN (Persero) which is experiencing […]

Energy supplier Octa+ takes care of the books in Brussels

Energy supplier Octa+, also active in Flanders, will stop supplying gas and electricity to around 17,000 customers in Brussels. According to CEO Etienne Rigo, the current prices and stricter regulation in the Brussels-Capital Region leave the company no other choice. Strict rules surrounding customers with payment difficulties “endanger the survival of the company,” Rigo said […]

Lower grid tariff mitigates expensive energy bill: average savings of 105 euros

An average Flemish family will have to pay 105 euros less next year for its connection to the electricity and natural gas network. This compensates for a (small) part of the high energy prices. Distribution network tariffs will fall in 2022 for the fifth year in a row. This is reported by the Flemish energy […]

Fresh records for Belgian electricity prices

Electricity prices are skyrocketing again. Peak gas prices, problems with the French nuclear power stations, hardly any production from wind and cold temperatures are causing new record prices on the electricity market. On the wholesale market, the forward price for 2022 is now 265 euros per megawatt hour. That is the price that is being […]

Nord Stream 2 currently: pipeline map and case around completion

Although the pipeline is technically ready for launch, the political and legal battle for commissioning is likely to drag on for many more months. Learn what his fate can affect. What is Nord Stream 2? The Nord Stream 2 pipeline is a successor to the original Nord Stream, which became operational in 2011-2012. Like its […]

Beware of Landslide, Biden Officially Throws ‘Bombs’ Scraping Oil

Jakarta, CNBC Indonesia – The government of the President of the United States (US) Joe Biden has officially announced that it will release the Strategic Petroleum Reserve (SPR) to cool the energy crisis, especially rising oil prices. Millions of barrels will be released, in coordination with China, India, South Korea (South Korea), Japan and Britain. […]

Consumer advocates demand compensation for high gasoline costs

Because of the high energy prices, consumer advocates are now calling for relief for the citizens. One suggestion is income-related pay. In addition, gas barriers would have to be suspended. Germany’s top consumer advocate has spoken out in favor of relieving the burden on consumers with the high gasoline and diesel prices. “With a view […]

Heboh China Asks Residents to ‘Stack’ Staple Food, What’s Up?

Jakarta, CNBC Indonesia – The Chinese government urges its citizens to start ‘hoarding’ daily necessities. The notification was officially given by the Ministry of Trade, Monday (1/11/2021) evening local time. This is done in line with a number of problems that hit the country, ranging from bad weather, energy shortages and social restrictions due to […]