Latest news
Daily (19.01.2022): Oil prices continued to trade around multi-year highs amid geopolitical tensions and tight supply outlook
Crude oil prices extended seven-year highs on Tuesday amid concerns about tightening supply and exacerbating geopolitical tensions. Supply worries mounted this week after Yemen’s Houthi group attacked the United Arab Emirates, escalating hostilities. As a result, Brent crude rose by 4.5% to settle at $87.51 a barrel. At the same time, the American WTI crude gained 5.2% at $85.43 a barrel
read more... 19/01/2022
EU denies trying to 'bury' green investment plan with Dec. 31 release
The EU's executive on Monday rejected suggestions it waited until New Year's Eve to publish divisive proposals to allow some natural gas and nuclear energy projects to be labelled as sustainable, saying "we weren't trying to do it on the sly".
read more... 04/01/2022
.jpg){kind=spacer}
German reactors at Grohnde, Brokdorf, Gundremmingen to end production Dec. 31
German reactors at Grohnde, Brokdorf and Gundremmingen with a combined capacity of 4.2 GW are to end production on Dec. 31, with the units to be disconnected from the grid during the evening, transparency data shows.
read more... 31/12/2021
.jpg)
Eni sets sights on Polish offshore wind business
Italian energy group Eni has extended an agreement with investment fund Copenhagen Infrastructure Partners (CIP) to develop offshore wind in Poland, the companies said.
read more... 17/12/2021
.jpg)
Nord Stream 2 pipeline ‘under threat’ if Russia invades Ukraine
US officials have told members of Congress they have an understanding with Germany about shutting down the Nord Stream 2 natural gas pipeline if Russia invades Ukraine, a senior congressional aide told Reuters on Tuesday (7 December).
read more... 09/12/2021