Latest news
Enel to invest EUR 38bn in grids, renewables in 2025-2027
Italian utility group Enel SpA plans to pour EUR 38 billion (USD 40.05bn) into its grid and renewables businesses but will stick to a selective cash allocation approach as it aims to further boost its profitability and lower risk in 2025-2027.
read more... 19/11/2024
Daily (18.11.2024): Oil prices declined by over 2% on Friday due to a potential oversupply in the coming months
Oil prices declined by over 2% on Friday due to potential oversupply in the coming months. Brent crude closed at $71.04 per barrel, while WTI crude ended at $67.02 per barrel.
read more... 18/11/2024
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Austria says Russia to cut off gas from Saturday
Russia told Austria on Friday it will suspend gas deliveries via Ukraine on Saturday, in a development that signals a fast-approaching end of Moscow's last gas flows to Europe.
read more... 18/11/2024
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Bulgaria spearheads COP29 initiative to bring down electricity prices
The project was announced by Bulgarian energy minister Vladimir Malinov, in the presence of the President of Bulgaria, Rumen Radev, and the Prime Minister of the Hellenic Republic, Kyriakos Mitsotakis.
read more... 18/11/2024
Energy price cap expected to rise slightly in January
Energy bills for UK households are expected to remain high this winter, with a slight increase forecast for the energy price cap in January 2025.
read more... 18/11/2024