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Slovenian government projects €5 billion for 2023 to combat the energy crisis
The government is planning measures worth nearly €5 billion to fight the energy crisis in 2023, Prime Minister Robert Golob announced in parliament on Monday (26 September).
read more... 28/09/2022
Daily (23.09.2022): Crude oil prices rebounded on Thursday amid strengthening Chinese demand
Crude oil prices rebounded on Thursday amid strengthening Chinese demand and a smaller-than-expected rate hike by the Bank of England, which instead of forecasts for a 75-basis point hike opted for a 50-bp increase. Thus, Brent crude and WTI crude added 0.7% to settle at $90.46 a barrel and $83.49 per barrel respectively.
read more... 23/09/2022
Bulgaria tenders for gas supplies to ride out energy crisis
Bulgaria's state gas company, Bulgargaz, is launching three tenders for liquefied natural gas (LNG) on Tuesday to avoid winter shortages and ensure long-term energy security, said Chief Executive Denitsa Zlateva.
read more... 21/09/2022
Daily (08.09.2022): Brent crude oil decreased to a 7-month low on Wednesday
The price of crude oil decreased to a 7-month low on Wednesday, influenced by forecasts of weakening demand and flagging global growth. As such, Brent crude settled 5.2% lower at $88 a barrel. WTI crude fell by 5.7% to $81.94.
read more... 08/09/2022
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Germany to refill gas storage ahead of schedule
Germany’s energy and climate ministry expects to meet a target early to replenish the country’s gas stocks, ensuring households and industry will be supplied this winter, Der Spiegel reported at the weekend.
read more... 01/09/2022