The European Investment Bank (EIB) dealt a major blow to the nuclear industry at last week’s International Nuclear Energy Summit in Brussels, when it dithered over the industry’s request for more funding for nuclear projects, but confirmed that investment in renewable energy will remain a priority until 2030.
read more... 26/03/2024
The global LNG market could face a sea change in prices and trade flows later this decade if the European Union includes LNG in its carbon border tax.
read more... 25/03/2024
Oil prices edged lower on Thursday, weighed by a stronger dollar and increased optimism of a ceasefire between Israel and Hamas. Despite the relatively subdued stance conveyed by the US Federal Reserve (Fed) on Wednesday, indicating potential future reductions in interest rates, Brent crude oil stood at $85.78 a barrel, while WTI crude settled slightly above $81 a barrel.
read more... 22/03/2024
The European Commission’s plan to withdraw the bloc from the Energy Charter Treaty while allowing member states the right to remain if they choose was presented to Parliament on Thursday (21 March).
read more... 22/03/2024
Bulgarian state-owned gas transmission operator Bulgartransgaz said on Wednesday that it has decided to launch a tender for expanding infrastructure as part of an initiative to build a gas corridor linking Greece and northern Europe.
read more... 21/03/2024