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Russian flows via Ukraine may stop within weeks – analyst

Gas flows from Russia to Europe via Ukraine could stop as soon as the end of October, said Energy Aspects gas analyst Leon Izbicki on Thursday.

read more... 14/10/2022

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Daily (14.10.2022): High LNG and Norwegian flows weighed on British near-term gas prices

Oil prices rose on Thursday amid reduced levels of diesel inventories ahead of winter. Moreover, a leak was discovered in the Druzhba pipeline that delivers oil from Russia to Europe. As a result, Brent crude settled 2.3% higher at $94.57 a barrel. At the same time, WTI crude gained 2.1% at $89.11 a barrel.

read more... 14/10/2022

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EU countries eye scrapping 45% renewables target

EU countries are considering watering down the European Commission’s plan to ditch Russian fossil fuels, known as REPowerEU, including scrapping a proposed 45% renewable energy target for 2030, according to a document seen by EURACTIV.

read more... 13/10/2022

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Technical issues affecting plan to send gas from France to Germany now solved

France will be able to send gas to Germany via a pipeline with now that technical problems have been addressed, gas network operator GRTgaz said on Monday, as the euro zone's biggest economy rushes to replace Russian gas.

read more... 12/10/2022

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EU ministers back €20 billion plan to ditch Russian fossil fuels

EU finance ministers reached a deal on Tuesday (4 October) to raise €20 billion from the bloc’s carbon market to support the transition away from Russian energy, opening the way for talks with the European Parliament to finalise the plan.

read more... 06/10/2022

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