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‘Harsh winter’ ahead for Ukraine – Pentagon chief

Lloyd Austin also stressed that the US will not intervene in Kiev’s conflict with Moscow US Secretary of Defense Lloyd Austin warned on Saturday that Ukraine faces a “harsh winter,” as Russia continues missile strikes on its infrastructure. Earlier, the chairman of the US Joint Chiefs of Staff, General Mark Milley, suggested that Kiev should…

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Türkiye to complete gas hub roadmap by year-end – energy minister

The idea proposed by Moscow and approved by Ankara less than a month ago looks set to be implemented Türkiye will finalize the development plan for a natural gas distribution hub in the western region of Thrace by the end of the year, the country’s energy minister, Fatih Donmez has said.

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Austrian energy companies slammed with massive windfall tax

The Austrian government plans to introduce a new windfall tax on energy companies, Vice Chancellor Werner Kogler and Finance Minister Magnus Brunner announced at a press conference on Friday. The levy will amount to 40% of excess profit for oil and gas companies, according to the announcement.

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