Latest news
Slovakia to develop geothermal energy to lower Russian energy dependency
Efforts to lower dependence on Russian energy is speeding up local geothermal projects in Slovakia that had been gaining traction before the invasion of Ukraine.
read more... 16/05/2022
Dutch to ban Russian energy imports by year end
The Dutch government plans to ban Russian energy imports by year end due to the latter’s war in Ukraine, it said on Friday.
read more... 25/04/2022
European Commission analysing higher 45% renewable energy target for 2030
The European Commission is assessing whether the European Union could achieve a higher target of a 45% share of renewable energy by 2030, instead of its proposed 40%, to accelerate its shift from Russian fossil fuels following the invasion of Ukraine.
read more... 21/04/2022
Daily (19.04.2022): Oil prices increased over 1% on Monday amid outages in Libya
Oil prices climbed on Monday amid an oil field shutdown in Libya, increasing concerns over tight global supply amid the Ukraine crisis. Hence, Brent crude rose by $1.46, or 1.3%, to settle at $113.16 a barrel. U.S WTI crude rose $1.26, or 1.2%, to settle at $108.21 a barrel.
read more... 19/04/2022
EU Begins Drafting Embargo On Russian Oil
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the New York Times reported, citing Brussels officials and diplomats.
read more... 18/04/2022