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Germany's Sefe, Norway's Equinor strike $55 billion gas supply deal

German state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor that will cover one-third of the industrial gas needs of Europe's largest economy, the companies said on Tuesday.

read more... 20/12/2023

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EU reaches deal on power market reforms

EU negotiators have reached a deal on power market reforms intended to make prices less dependent on volatile fossil fuels and shield consumers from price spikes.

read more... 15/12/2023

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EU strikes deal on new hydrogen grid supervisory body

EU legislators on Friday (8 December) struck a political agreement on the final piece of the Union’s hydrogen policy, establishing a grid planning body that will gradually become independant from existing gas network operators.

read more... 11/12/2023

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Belgium and Engie reach deal on extension of nuclear reactors

Belgium and French utility group Engie have reached a deal on the extension of two nuclear reactors, Doel 4 and Tihange 3, according to the country's energy minister.

read more... 05/12/2023

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OPEC+ Reaches Deal “In Principle” on Oil Output Cuts

OPEC+ reached a deal on Thursday that would see the group’s oil production cuts spill over into the new year—and at a level that is a deeper cut than is currently in place, delegates said following today’s JMMC meeting.

read more... 01/12/2023

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