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Italy's Eni signs $8 billion Libya gas deal as PM Meloni visits Tripoli

Italian energy company Eni and Libya's National Oil Corporation (NOC) signed an $8 billion gas production deal on Saturday aimed at boosting energy supplies to Europe despite the insecurity and political chaos in the North African country.

read more... 30/01/2023

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Daily (27.01.2023): European carbon prices surged to a weekly high of above 89 EUR/t amid bullish technical drivers

Strong U.S. economic data and the assumption that the reopening of the Chinese economy would boost demand led to an uptick in oil prices on Thursday. As a result, Brent crude oil ended approximately 2% higher at $87.47 a barrel. U.S. WTI crude finished at 81.01 USD/bbl, rising by 1% day-on-day.

read more... 27/01/2023

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Slovenia introduces new set of energy price caps

The government has introduced a new cap on natural gas prices in district heating systems for users such as schools and community health centres in what is yet another in a long series of price caps that have become the government’s go-to tool to fight high energy prices.

read more... 27/01/2023

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Slovenia plans €3.5 billion investment in power distribution system

Slovenia plans to pour €3.5 billion into its power distribution system over the next 10 years to make it withstand the increased demand for electricity it expects will come with the green transition.

read more... 24/01/2023

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Daily (20.01.2023): Oil prices climbed to their highest close since Dec. 1 amid optimism over Chinese economic recovery

Crude oil prices increased to hit their highest levels since December 1, as the bullishness on China reopening and the demand recovery outweighed recessionary fears. Hence, Brent crude rose by $1.18, or 1.4%, to settle at $86.16 per barrel. U.S. WTI crude added 85 cents, or 1.1%, to settle at $80.33 per barrel.

read more... 20/01/2023

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