On Monday, oil prices fell on Monday as concerns about heightened tensions in the Middle East were balanced out by the liquidation of China's major real estate developer, perceived as a discouraging indication for demand. As a result, Brent crude settled 1.4% lower at $82.40, while WTI crude dropped by about 1.6% to stand at $76.78 per barrel.
read more... 30/01/2024
The Serbian mining and energy ministry has secured a commitment of $2.18bn (RSD236.08bn) in investment from China for the development of renewable energy projects, Reuters has reported.
read more... 30/01/2024
German net electricity imports are set to rise more than threefold in 2024 as the nation continues its coal exit on the heels of a nuclear phase-out, consultancy Icis said on Monday.
read more... 30/01/2024
The EU has extended its bans on Russian coal and seaborne crude oil imports by six months until 31 July as Russia’s war on Ukraine continues, it said on Monday.
read more... 30/01/2024
The European Commission has asked the EU's energy regulator ACER to examine whether a tariff Germany added to its natural gas exports distorts the bloc's single market in a possible breach of competition rules, three sources close to the matter said.
read more... 29/01/2024