Tue, 21-Oct-2025

France’s industry moves to oil in fear of Russia’s shortage of gas

France's industry

France’s industry is hastening its emergency plans and switching its gas boilers to oil Several prominent CEOs claimed they were putting plans in place for potential blackouts while gathered over the weekend at a business and economics summit in southern France. The head of Michelin (MICP.PA), one of the top tyre manufacturers in the world, … Read more

France’s industry moves to oil out of fear of a Russian gas cutoff

France's

 Russia reduced flows through Nord Stream 1 pipeline. Its main route for shipping gas into western Europe, to 40% capacity. France relies on Russian gas for 70% of its electricity. Poland’s former energy minister says Europe is heading for a “perfect storm” over the next few months, he warned. France’s energy-serious industry is accelerating alternate … Read more