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Italy’s Regulated Power Bills Seen Sharply Down Due to Low Gas Prices

Low natural gas prices this winter season will result in significant declines in regulated electricity prices for households in Italy in the second quarter of the year, according to the Italian energy authority ARERA.

read more... 14/03/2024

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Daily (12.03.2024) : EUAs lost almost 4% on a daily basis on Monday, tracking bearish gas prices

On Monday, oil prices were rather constant due to uncertainty surrounding the fluctuating demand from China. Brent crude edged 0.2% higher at $82.21 a barrel, while WTI Crude slipped by 0.1% to $77.93 a barrel.

read more... 12/03/2024

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French TSO GRTgaz launches CO2 transport project

French gas TSO GRTgaz launched on Monday a month-long call for expressions of interest for a EUR 1.7bn CO2 transport infrastructure project to help decarbonise industry in western France.

read more... 12/03/2024

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Daily (08.03.2024): Forward gas prices tumbled by over 2% on Thursday amid ample supply and high inventory levels

Oil prices exhibited a stable-to-bearish trend on Thursday due to consistent demand from Asia, despite possible supply disruptions caused by OPEC+ decision and the ongoing political turmoil in the Middle East. As a result, Brent crude remained steady at $82.96, while WTI Crude experienced a slight decrease of approximately 0.3% to settle slightly below $79.

read more... 08/03/2024

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UK extends windfall tax on oil, gas to 2029

The UK has extended a windfall tax on oil and gas companies operating in the country by a year to 2029, it said on Wednesday.

read more... 07/03/2024

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