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Lithuania to push Russian LNG ban to EU ministers on Monday

Lithuania will call for urgent legal actions to stop Russian LNG imports to the EU at an energy ministers' council meeting on Monday, a senior EU diplomatic source said on Thursday.

read more... 01/03/2024

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Daily (29.02.2024): Forecasts of colder weather and reduced Norwegian supply drove the energy complex higher on Wednesday

Oil prices posted mixed evolution on Wednesday, driven by ongoing geopolitical tensions and a 4.2-million-barrel build in US crude inventories. As a result, Brent crude stabilised at $83.68 a barrel, and WTI crude retreated by 0.4% to settle at $78.54 a barrel.

read more... 29/02/2024

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Germany to expand carbon capture and storage

Germany will change its CO₂ storage law to accommodate carbon capture and storage (CCS) for certain industrial sectors that were previously unable to use the technology.

read more... 29/02/2024

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Daily (28.02.2024): Oil prices extended gains on Tuesday amid rising tensions in the Middle East

On Tuesday, oil prices saw a notable rise amid rising tensions in the Middle East and tightening supplies. The suspension of some Russian gasoline exports also lent support to prices. Consequently, Brent crude oil price increased by 1.4% to $83.65 a barrel, while WTI Crude gained 2% to settle at $78.87 a barrel.

read more... 28/02/2024

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Berlin launches ‘milestone’ strategies to capture and remove CO2 permanently

Germany will change its CO2 storage law to facilitate gas transport and is eyeing carbon capture in industry and the power sector while taking steps to become an emission-negative country past 2050.

read more... 27/02/2024

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