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An EU Carbon Tax Will Upend The Global LNG Market
The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax.
read more... 25/03/2024
Daily (22.03.2024): European carbon prices fell to their lowest level in a week amid fading buying interest and bearish gas prices
Oil prices edged lower on Thursday, weighed by a stronger dollar and increased optimism of a ceasefire between Israel and Hamas. Despite the relatively subdued stance conveyed by the US Federal Reserve (Fed) on Wednesday, indicating potential future reductions in interest rates, Brent crude oil stood at $85.78 a barrel, while WTI crude settled slightly above $81 a barrel.
read more... 22/03/2024
Commission presents parliament with Energy Charter Treaty exit plan
The European Commission’s plan to withdraw the bloc from the Energy Charter Treaty while allowing member states the right to remain if they choose was presented to Parliament on Thursday (21 March).
read more... 22/03/2024
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Bulgartransgaz opens tender for Vertical Gas Corridor expansion
Bulgarian state-owned gas transmission operator Bulgartransgaz said on Wednesday that it has decided to launch a tender for expanding infrastructure as part of an initiative to build a gas corridor linking Greece and northern Europe.
read more... 21/03/2024
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Poland needs coal plant subsidies beyond 2028
Poland will need an extension of EU rules that allow coal plant subsidies until 2028 as it will require coal power generation until it builds its first nuclear plant next decade, the top energy security official in the new government told Reuters.
read more... 20/03/2024