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Re-balancing of Europe's gas, power markets seen unlikely in Q4
A rapid re-balancing of the European gas market looks an unlikely prospect in Q4 2021 as prices continued to reach fresh record highs deep into September.
read more... 01/10/2021
UK's largest energy suppliers 'will withstand market turbulence'
Efficient hedging and good access to capital should ensure Centrica, EDF Energy, E.ON UK and Scottish Power Ltd. ride out the UK's energy supplier crisis, S&P Global Ratings said Sept. 30.
read more... 01/10/2021
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Norway to close its last Arctic coal mine in 2023
Norway's state-owned coal company will close its last mine in the Arctic Svalbard archipelago in 2023, it said on Thursday, causing the loss of 80 jobs and ending 120 years of exploitation.
read more... 01/10/2021
Daily (30.09.2021): Gas prices were bullish on Wednesday, as market players were short-covering ahead of the winter gas season
Oil prices ended lower on Wednesday, pressured by profit-taking and a stronger US dollar. However, losses were limited by the EIA’s weekly report on US crude inventories. Consequently, Brent oil and WTI crude both edged 0.6% down at $78.64 and $74.83 a barrel, respectively.
read more... 30/09/2021
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Czech support for nuclear becomes law
Support for new nuclear build at the Czech Republic's Dukovany power plant has been signed into law by President Miloš Zeman. It is designed to remove market failures that stand in the way of the Czech Republic's goal to rely on nuclear energy for secure supply of power and heat.
read more... 30/09/2021