Latest news
Daily (29.08.2022): German and French power contracts hit new records!
U.S. Federal Reserve's warnings about imminent economic hardship and Saudi Arabia's signals that OPEC will restrict output supported oil prices. As a result, Brent crude oil increased by 1.7% to reach $100.99 a barrel in a volatile trading on Friday, while WTI rose by 0.6% to reach $93.06 a barrel.
read more... 29/08/2022
.jpg)
Germany approves rules to turn down heating, lights this winter
Germany's public buildings are to become cooler and streets darker this winter under energy-saving measures approved by the cabinet on Wednesday, as part of efforts to protect the nation's gas reserves to offset throttled deliveries from Russia.
read more... 25/08/2022
.jpg)
RWE to restart 3 lignite units (900 MW) this winter
German utility RWE will restart three lignite units – Neurath C (292 MW), Niederaussem E (295 MW) and F (299 MW) – from 1 October, with the facilities currently in reserve, the company said on Thursday.
read more... 12/08/2022
.jpg)
France will have filled up its strategic gas reserves by start of November
France will have filled out 100 percent of its strategic gas reserves by November 1, government energy transition minister Agnes Pannier-Runacher told C News TV, as European countries prepare for fewer energy supplies coming through from Russia.
read more... 04/08/2022
Daily (27.07.2022): NBP gas prices rose significantly as a result of the EU's decision to reduce gas demand by 15%
Oil prices decreased on Tuesday as investors worried about dwindling consumer confidence and prepared for the release of an additional 20 million barrels of crude oil from the US Strategic Petroleum Reserve. As such, WTI crude diminished by 1.8% to settle at $94.98 per barrel. At the same time, Brent crude ended 0.7% down at $104.40 a barrel.
read more... 27/07/2022