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Spain appears to break EU’s Russian coal import embargo

There is convincing evidence that a cargo of Russia-origin coal may have been exported to Spain, thereby undermining an ongoing embargo on Russian coal imports imposed last summer, according to a Montel investigation.

read more... 28/04/2023

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Czechia replaces Russian nuclear fuel imports with US imports

The US company Westinghouse will supply both Czech nuclear plants with fuel, so the country can quit importing Russian nuclear fuel until the end of 2023.

read more... 05/04/2023

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EU reaches deal on higher renewable energy share by 2030

The European Union reached a provisional deal on Thursday on higher renewable energy targets, an important pillar of the bloc's plans to fight climate change and end dependence on Russian fossil fuels.

read more... 30/03/2023

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Daily (29.03.2023): Escalating concerns about French nuclear availability lent support to British forward gas prices on Tuesday

Oil prices gained ground on Tuesday, supported by renewed risk appetite among investors and the halt of oil imports from Iraqi Kurdistan by Turkey (around 450,000 barrels per day). Thus, Brent crude edged 0.7% higher to settle at $78.65 a barrel, while WTI crude added 0.5% to end at $73.20 a barrel.

read more... 29/03/2023

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Daily (23.01.2023): Oil prices increased by over 1% on Friday amid brighter demand outlook in China

Crude oil prices moved upwards on Friday amid the prospects of rising demand in China as the economy in the world’s biggest oil importer gradually bounces back from nearly three years of stringent Covid lockdowns despite increases in infections. Hence, Brent crude increased by $1.47, or 1.7%, to settle at $87.63 a barrel. U.S. WTI crude settled at $81.31 a barrel, gaining 98 cents, or 1.2% day-on-day.

read more... 23/01/2023

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