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The supply of Russian oil through the Druzhba pipeline to the Czech Republic is still suspended.

The supply of crude oil from Russia to the Czech Republic through the Druzhba pipeline was still stopped on Thursday, according to a spokesperson from Czech refiner Unipetrol, who spoke to Reuters.

read more... 05/12/2024

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France's political woes may trigger fresh Europe energy crisis

The collapse of France's government on Wednesday could have far-reaching consequences for Europe's energy markets and send regional electricity costs soaring.

read more... 05/12/2024

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Hinkley Point C installs UK’s first nuclear reactor in 30 years

The Hinkley Point C nuclear power station in Somerset, southwest England, has achieved a significant milestone with the installation of Britain’s first new nuclear reactor in more than 30 years.

read more... 05/12/2024

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German gas levy limbo raises risk of higher costs for edgy neighbours

The collapse of Germany's governing coalition risks delaying a draft law on waiving a costly gas storage levy for foreign buyers from next year and raising tension with European neighbours that face higher prices.

read more... 05/12/2024

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Daily (04.12.2024) : Oil prices rose on Tuesday due to a possible delay in the planned OPEC+ production increase

Oil prices increased by around 2.5% on Tuesday due to a possible delay in the planned OPEC+ production increase, in response to market imbalance risks for 2025. Brent crude ended at $73.62 per barrel, while WTI crude closed at $69.94 per barrel.

read more... 04/12/2024

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