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EU to propose crisis measures to curb energy price spike

The European Union is set to unveil plans on Wednesday to skim off windfall profits from energy companies and impose cuts in electricity usage across the bloc, in a package designed to shield citizens and businesses from surging energy prices.

read more... 14/09/2022

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OPEC sticks to upbeat view on oil demand growth in 2022, 2023

OPEC on Tuesday stuck to its forecasts for robust global oil demand growth in 2022 and 2023 citing signs that major economies were faring better than expected despite headwinds such as surging inflation.

read more... 14/09/2022

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Daily (13.09.2022): Carbon prices rebounded sharply on Monday as the market reacted to an unexpectedly strong auction result

Crude oil prices rebounded on Monday amid growing supply worries as winter approaches. However, the overall global economic concerns about a recession continue to limit the uptrend. Brent crude futures increased by $1.16, or 1.3%, to settle at $94.00 a barrel. U.S. WTI crude rose by 99 cents, or 1.1%, to close at $87.78 a barrel.

read more... 13/09/2022

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Czech government approves electricity, gas price cap

The Czech government agreed on Monday to cap electricity and gas prices next year to shield households from soaring prices on markets, Prime Minister Petr Fiala said.

read more... 13/09/2022

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Denmark working on world’s first Power-to-X tender

The Danish Energy Agency (DEA) is working towards the first Power-to-X (PtX) tender in Denmark and will soon hold a stakeholder meeting to discuss tender timeline and framework. Furthermore, after forming a PtX task force, the DEA has now also established a secretariat for Power-to-X.

read more... 13/09/2022

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