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Consortium to speed up development of lead-cooled SMRs

Five partners from Belgium, Italy, Romania and the USA have signed a memorandum of understanding to collaborate on the development, demonstration and commercialisation of lead-cooled small modular reactors (SMRs).

read more... 10/11/2023

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Daily (09.11.2023): Brent crude dived below $80 a barrel amid economic worries in China and Europe

On Wednesday, oil prices extended their decline, with Brent crude dropping below $80 a barrel for the first time since July. This drop was mainly driven by concerns about the bleak economic outlook in China and Europe, which heightened worries about global demand for oil. Consequently, Brent crude ended at $79.54 per barrel, while WTI crude stood at $75.33 per barrel.

read more... 09/11/2023

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France's clean power clout to be tested again this winter

France's power sector is under fresh scrutiny as maintenance on several of the country's critical nuclear reactors continues just as Europe braces for another winter, when regional heating demand typically peaks.

read more... 09/11/2023

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Mideast conflict dims prospect of more Egyptian LNG exports to Europe

The prospect of the EU receiving more liquefied natural gas (LNG) from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports form Israel, Oxford Institute of Energy Studies (OIES) said.

read more... 09/11/2023

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Fuels industry urges EU countries to finalise dormant energy tax overhaul

The EU’s energy taxation directive (ETD), a proposal to bring energy tax rules in line with the bloc’s green goals, remains at a standstill more than two years after it was first proposed.

read more... 09/11/2023

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