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Cyprus signs MoU with Greece on 'world's longest' subsea electric cable
Greece and Cyprus have signed a memorandum of understanding (MoU) to press ahead with a subsea electric cable linking continental Europe to the East Mediterranean, the energy ministries of the two countries said on Saturday.
read more... 23/09/2024
Daily (20.09.2024): British gas prices tumbled on Thursday as Azerbaijan prepares to transit gas via Ukraine
Oil prices rose on Thursday, gaining around 1.5%, spurred by escalating tensions in the Middle East . Brent crude settled at $74.88 per barrel, while WTI crude closed at $71.95 per barrel.
read more... 20/09/2024
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Ukraine agrees to transit Azerbaijani gas after Gazprom deal ends, report says
Ukraine has agreed to transit Azerbaijani gas to Europe as a temporary measure after it ends a transit deal with Russia, even though it expects some Russian gas will be included in the volumes, the Ukrainska Pravda news outlet said on Thursday.
read more... 20/09/2024
EC approves EUR 2.7bn Austrian aid to cut CO2 from industry
The European Commission has approved Austria’s plans to offer up to EUR 2.7bn in state aid to its companies to support them cutting their carbon emissions from industrial processes, it said on Thursday.
read more... 20/09/2024
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Uniper, ConocoPhillips agree to 10-year natural gas supply deal
German energy company Uniper (UN0k.DE), opens new tab and U.S. oil and gas producer ConocoPhillips (COP.N), opens new tab said they have agreed on a supply deal for up to 10 billion cubic metres (bcm) of natural gas over the next 10 years.
read more... 20/09/2024