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Russia cuts gas flows further as Europe urges energy saving
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for the bloc to fill up storage ahead of the winter heating season.
read more... 28/07/2022
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EU backs €406.4m Dutch scheme to support filling of gas storage facility
The European Commission has approved a Dutch scheme, worth up to €406.4 million (£345m), to support the filling of the gas storage facility Bergermeer amid Russia’s invasion of Ukraine.
read more... 27/07/2022
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Czech gas storage hits 80% of capacity ahead of winter season
he Czech Republic's gas stores are 80% full, Prime Minister Petr Fiala said on Monday, as the country and other European Union member states continue to boost storage to protect against risks of a halt to Russian supplies.
read more... 27/07/2022
Daily (26.07.2022): French and German long-term power prices increased amid the rise in gas prices and worries about Russian supply
On Monday, the crude oil prices increased due to concerns about supply, a weaker US currency, and rising stock markets. Brent crude for September delivery ended at $105.15 a barrel, up 1.9%. American WTI crude soared by 2.1% to $96.70 a barrel.
read more... 26/07/2022
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EU countries rewrite plan to cut gas demand, seek carve-outs
European Union countries are seeking to soften the bloc's plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from its main gas supplier Russia.
read more... 26/07/2022