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EU will consider making countries fill gas storage
The European Union will consider whether to require member states to fill their natural gas storage to prescribed levels, a senior official said as the bloc seeks energy security amid fears of a conflict in Ukraine involving major supplier Russia.
read more... 22/02/2022
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France's Chinon 3 reactor offline for tests after pipe corrosion detected
The 900-megawatt Chinon 3 nuclear reactor in western France has been taken offline for tests after "stress corrosion" was found on a bend in four pipes comprising a backup safety coolant system, power group EDF said.
read more... 22/02/2022
Daily (22.02.2022): Oil prices moved upwards on Monday as Russia-Ukraine tensions escalated
Crude oil prices continued to increase on Monday amid heightening tensions between Russia and Ukraine after Russian President Vladimir Putin recognized Donetsk and Luhansk in Ukraine East as independent states. Hence, Brent crude soared by 2% to settle at $95.39 a barrel. U.S. WTI crude added 0.6% to end at $91.59 a barrel.
read more... 22/02/2022
Daily (21.02.2022): British gas prices were bearish on Friday, on forecasts for milder weather and higher renewables output
Crude oil prices were mixed on Friday, as escalating tensions in the Russia-Ukraine crisis were offset by prospects of returning Iranian crude supply, as talks moved forward on a nuclear deal. As such, Brent oil rose by 0.6% to $93.54 a barrel. At the same time, WTI crude fell by 0.8% to $91.07 a barrel.
read more... 21/02/2022
Italy OKs $9 billion in energy aid, including EV incentives
The Italian government approved almost 8 billion euros ($9 billion) in aid to shield consumers and companies from soaring energy prices that are weighing on the economic outlook, including 1 billion euros for the automotive industry.
read more... 21/02/2022