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☆ Europe’s gas prices are a worry ahead of winter despite brimming stores
▼ + stars: | 2023-11-02 | by ( Anna Cooban | ) edition.cnn.com time to read: +8 min

But while gas shortages are unlikely in Europe this winter, the price of the fuel remains a worry. According to S&P Global, about one-fifth of global LNG supply travels through the channel on Iran’s south coast. In a less jittery market, neither incident may have had the effect it did, helping boost European gas prices by more than 40% over the course of a single week. High gas prices have presented a persistent economic headwind for Europe's biggest economy due to its reliance on energy-intensive industries. Together, these milestones should push European gas prices down to €30 ($32) per megawatt hour by the end of next year, Weatherburn added.

Persons: Asia —, Soeren, ”, Jack Sharples, Heikki Saukkomaa, Simone Tagliapietra, Bill Weatherburn, Stefan Sauer, Weatherburn, “ Organizations: London CNN, European Union, International Energy Agency, EU, Getty, “, Oxford Institute of Energy Studies, CNN, Hamas, P, Chevron, Egyptian, Steam, ”, Capital Economics, Qatar, Energy Locations: Russia, Moscow, Ukraine, Europe, North America, Asia, Norway, Hungary, Austria, Azerbaijan, Algeria, Germany, Israel, Gaza, Hormuz, Jordan, Egypt, Cairo, Estonia, Australia, AFP, “, ” Europe, France, Italy, Lubmin, Pomerania, United States, Qatar

☆ A pipeline in the Baltic Sea has been shut down. Authorities suspect sabotage
▼ + stars: | 2023-10-11 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

Gasgrid, Finland’s gas transmission operator, said Sunday that it had temporarily shut the 95-mile-long Balticconnector pipeline, running under the Baltic Sea, over a suspected leak. Moreover, Finland can still source gas via its LNG terminal, and Estonia is still connected to the European gas grid via Lithuania. An ‘alarm bell’Gasgrid and its Estonian counterpart Elering “noticed an unusual drop in pressure in the Balticconnector offshore gas pipeline” on Sunday morning, Gasgrid said Tuesday. “It is reasonable to suspect that the cause of the incident was damage to the offshore gas pipeline,” the company said in a statement. “The European [gas] market remains very tight, and any news is having an impact,” said Sharples at the Oxford Institute for Energy Studies.

Persons: Gasgrid, Sauli Niinistö, Jens Stoltenberg, ” Stoltenberg, Jack Sharples, Elering “, Kaja Kallas, Simone Tagliapietra, ”, Sharples, — James Frater, Sharon Braithwaite Organizations: London CNN, NATO, Finnish Border Guard, European Union, CNN, Oxford Institute for Energy Studies, Estonian, Estonia’s, Authorities, Germany —, EU, Chevron Locations: Finland, Estonia, Baltic, Brussels, Lithuania, Latvia, Europe, United Kingdom, Germany, Nord, Norway, Algeria, Israel

☆ This 36-year-old bought an abandoned house for just $1 and fully renovated it—look inside her 'dream home'
▼ + stars: | 2023-06-03 | by ( Maxine Sharples | ) www.cnbc.com time to read: +5 min

In February 2020, I officially got the keys to my new home: a two-bedroom, 796-square-foot Victorian house that I bought for £1. Now the bedrooms are on the first floor, and the kitchen and living area is upstairs. Today, my house has been remodeled to maximize light and has made headlines in the U.K. for its novel use of space. Zoom In Icon Arrows pointing outwards When I started the renovations, there were crumbling bricks everywhere I looked. The open kitchen and living area is one of my favorite places in the house.

Persons: Maxine Sharples, John O'Mahony, I've Organizations: Webster, CNBC Locations: Liverpool

☆ 36-year-old bought an abandoned house for $1 and fully renovated it—take a look inside: It's my 'dream home'
▼ + stars: | 2023-06-02 | by ( Maxine Sharples | ) www.cnbc.com time to read: +5 min

In February 2020, I officially got the keys to my new home: a two-bedroom, 796-square-foot Victorian house that I bought for £1. Now the bedrooms are on the first floor, and the kitchen and living area is upstairs. Today, my house has been remodeled to maximize light and has made headlines in the U.K. for its novel use of space. So I moved the bedrooms to the first floor, and the kitchen and living room to the second floor. The open kitchen and living area is one of my favorite places in the house.

Persons: Maxine Sharples, John O'Mahony, I've Organizations: Webster, CNBC Locations: Liverpool

"I'd love to work more hours," Sharples told Reuters at the home in northern England she shares with her children and web-developer husband. The Centre for Progressive Policy (CPP) think tank has estimated that around 1.5 million British mums would work more hours if childcare permitted. Business groups and researchers argue that acting on childcare in his March 15 budget would do more to unlock greater economic growth. The government says it has spent more than 20 billion pounds in the last five years helping with the cost of childcare. "Childcare unlocks not just the potential of children, but also the potential of parents," Labour leader Keir Starmer said last month.

☆ Europe’s energy crisis nears winter of discontent: podcast
▼ + stars: | 2022-10-18 | by ( Lisa Jucca | ) www.reuters.com time to read: 1 min

MILAN, Oct 18 (Reuters Breakingviews) - Germany, Italy and others have scrambled to replace Russian gas and pipeline attacks have become a concern. The Oxford Institute for Energy Studies’ Jack Sharples tells The Exchange podcast Europe must learn to live with less power. Next year may be even more challenging. Listen to the podcastFollow @LJucca on TwitterRegister now for FREE unlimited access to Reuters.com RegisterEditing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

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