Latest news
.jpg)
EU wants ‘new transactions-based LNG benchmark’ in bid to calm prices
The European Union wants a new transaction-based benchmark for liquefied natural gas (LNG) as it says the fall in Russian pipeline gas flows and record high LNG imports have created imbalances in the current pricing mechanism.
read more... 03/10/2022
Daily (29.08.2022): German and French power contracts hit new records!
U.S. Federal Reserve's warnings about imminent economic hardship and Saudi Arabia's signals that OPEC will restrict output supported oil prices. As a result, Brent crude oil increased by 1.7% to reach $100.99 a barrel in a volatile trading on Friday, while WTI rose by 0.6% to reach $93.06 a barrel.
read more... 29/08/2022
.jpg){kind=spacer}
French nuclear output to hit winter low in supply risk
French available nuclear capacity will dive 6-8 GW year on year this winter to a record low, meaning supply was “definitely at risk” should there be a particularly cold spell, said Montel’s Energy Quantified (EQ).
read more... 25/08/2022
Daily (22.08.2022): EUAs reached a new record high on Friday, extending gains for the ninth consecutive session
Oil prices declined for the week but were flat on Friday due to a stronger dollar and worries that a slowing economy would limit demand. Thus, the price of Brent crude oil ended up at $96.72 a barrel. At the same time, WTI crude decreased slightly by 0.3% to $90.77.
read more... 22/08/2022
.jpg)
Britain considers energy bill subsidy for industrial firms
Britain is considering plans to subsidise power bills for energy intensive industries such as steel and cement, in an effort to support hundreds of businesses facing record high energy prices.
read more... 15/08/2022