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Spanish government feels heat over high power prices
Scorching heat has caused power prices to soar in Spain, leading to renewed tensions in the country's leftist coalition government over how to lower ballooning electricity bills.
read more... 20/08/2021
LNG Will Not Save Europe from Winter Gas Crunch
Europe’s vast network of liquefied natural gas terminals can’t save it from a winter supply crunch.
read more... 20/08/2021
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Nord Stream 2 May Supply Gas To Europe This Year
The controversial Nord Stream 2 natural gas pipeline from Russia to Germany may supply 5.6 billion cubic meters of gas to Europe this year, Gazprom said on its Telegram channel on Thursday.
read more... 20/08/2021
Daily (19.08.2021): Oil prices lost more than 1% on Wednesday, following an increase in US gasoline stocks
Crude oil prices weakened on Wednesday, weighed by an increase in US weekly gasoline stocks, as indicated by the EIA. Despite a decline in US crude reserves, Brent oil fell by 1.2% to $68.23 a barrel and WTI crude ended 1.7% lower at $65.46 a barrel.
read more... 19/08/2021
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Fortum calls for prompt decision on Swedish repository
A government decision on Sweden's final waste repository will be delayed by the launch of a public consultation on whether the application for the repository should be considered separately from that for an expansion of the existing Clab repository for low and intermediate-level waste, Finnish nuclear operator Fortum has said. A government decision, it warned, is needed before the end of this month in order to avoid future disruptions to electricity supply due to a lack of interim used fuel storage capacity.
read more... 19/08/2021