The U.S. government is preparing wider sanctions for the Russian gas pipeline project Nord Stream 2 and is urging European allies to stop the work that could help build the pipeline.
read more... 28/12/2020
The UK and EU have reached a provisional deal over their future trading relationship, avoiding the prospect of the two sides imposing tariffs on billions of dollars worth of imported goods from next year.
read more... 28/12/2020
Crude oil prices gained ground on Wednesday, supported by an unexpected drop in US crude and petroleum reserves. Despite limited gains due to the new strain of coronavirus, Brent oil ended 2.2% up at $51.20 a barrel, while WTI crude traded 2.3% higher at $48.12 a barrel.
read more... 24/12/2020
UK energy regulator Ofgem has approved system operator National Grid's proposal to change the way its gas revenues are calculated going forwards.
read more... 24/12/2020
Unit 1 of the first nuclear power plant to be built in Belarus started pilot operation yesterday, Russia's Rosatom has announced. Pilot operation is the final and longest check of a power unit before commissioning. The unit is be the first of the VVER-1200 design to be built outside Russia.
read more... 24/12/2020