The United States, the European Union, and the United Arab Emirates are looking to drum up new recruits in the form of other governments to sign onto a global deal that seeks to triple renewable energy investment, according to new documents seen by Reuters.
read more... 02/11/2023
State-owned QatarEnergy said on Monday it would supply Italy's Eni with gas for 27 years, following similar deals this month to supply the Netherlands via Shell and France through TotalEnergies.
read more... 23/10/2023
A deal on reforming the EU’s power market, reached by the 27 EU member states on Tuesday (17 October), paves the way for Paris to ditch a much-decried scheme forcing state utility EDF to sell its nuclear energy production to competitors below market price.
read more... 20/10/2023
European Union countries' energy ministers struck a deal to reform power market subsidies, Spain's energy minister said on Tuesday, defusing a stand-off between France and Germany over the future competitiveness of industrial sectors.
read more... 19/10/2023
Crude oil prices dropped yesterday amid diplomatic efforts to deescalate the Israel-Hamas conflict, while US is pursuing a deal that would ease some sanctions on Venezuelan crude sales. Nonetheless, market volatility persists in the wake of rumors about potential new sanctions on Iranian oil. As a result, Brent crude traded 1.4% lower at $89.65 a barrel. Meanwhile, U.S. WTI crude fell by 1.2% to end at $86.66 a barrel.
read more... 17/10/2023