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German gas levy to be set at 2-3 euro cents per kilowatt hour
Germany's incoming gas price levy, which is meant to distribute the high costs of replacing Russian gas among all end-consumers, is to be set at between 2 and 3 euro cents per kilowatt hour (kWh), industry and government sources said.
read more... 16/08/2022
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Berlin wants to reduce gas use by 2% with new regulations
New measures to reduce Germany's gas consumption by 2% require strict cutbacks by public and private users as Europe battles a sharp reduction in Russian gas supplies, government officials said on Friday.
read more... 16/08/2022
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EU gas storage goal likely in winter “tightrope walk”
Europe could achieve its gas storage goal of 80% of capacity before November but faces a “tightrope walk” this winter amid curbed flows from Russia, said a research fellow at the Oxford Institute of Energy Studies.
read more... 11/08/2022
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EU ban on Russian coal imports to take effect after transition ends
European Union (EU) member states will not be allowed to import any more coal from Russia after the transitional period for the bloc's embargo ends at midnight on Wednesday.
read more... 11/08/2022
Daily (10.08.2022): EUAs expiring in December 2022 surged to a four-week high on Tuesday
The news that some oil supplies on the Russia-to-Europe Druzhba pipeline that crosses through Ukraine had been stopped combined with worries that a slowing economy could cut demand, resulted in a modest decline in oil prices on Tuesday. As such, Brent crude oil price settled 0.4% lower at $96.31, while WTI crude ended 0.3% down to settle at $90.50 a barrel.
read more... 10/08/2022