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EU Parliament approves legal option to block Russian LNG imports

The European Parliament voted on Thursday to pass rules allowing European governments to ban Russian liquefied natural gas (LNG) imports, by preventing Russian firms from booking gas infrastructure capacity.

read more... 12/04/2024

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Daily (11.04.2024): Crude oil prices rose by 1% on Wednesday as Gaza cease-fire hopes fade

Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel. Oil prices rose by $1 on Wednesday following the news that three sons of a Hamas leader were killed in an Israeli airstrike in the Gaza Strip. This development raised concerns that ceasefire negotiations could face obstacles. Hence, Brent crude settled at $90.48 a barrel, while WTI crude ended at $86.21 a barrel.

read more... 11/04/2024

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EU lawmakers adopt law to hit fossil fuel imports with methane emissions limit

European Union lawmakers on Wednesday adopted a law to place methane emission limits on Europe's oil and gas imports from 2030, pressuring international suppliers to clamp down on leaks of the potent greenhouse gas.

read more... 11/04/2024

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France on track to smash clean electricity export record in 2024

France has boosted electricity exports by 500% during the first quarter of 2024 from the same period in 2023, and is forecast to lift net electricity exports to a new record for the full year, according to data from Energy Charts and LSEG.

read more... 11/04/2024

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Romania's SMR site selection process gets IAEA approval

An International Atomic Energy Agency follow-up mission has concluded that the selection of Doicesti as the site for deployment of small modular reactors complied with the agency's safety standards.

read more... 11/04/2024

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