Austria, Germany and Italy have pressed the European Union to support a cluster of infrastructure projects to transport green hydrogen imported from North Africa, as part of efforts to build a market in Europe for the low-carbon fuel.
read more... 09/05/2023
Crude oil prices gained ground on Friday after energy firms posted positive earnings and US data showed crude output was declining, while fuel demand was growing. Hence, Brent crude rose by 1.5% to settle at $79.54 a barrel. Meanwhile, US WTI crude increased by 2.7% to $76.78 a barrel.
read more... 02/05/2023
The European Union launched a scheme on Tuesday for European companies to place orders to jointly buy gas, with the aim of ensuring Europe has enough fuel and avoiding a repeat of last year's record-high energy prices.
read more... 26/04/2023
The European Commission is proposing new measures to help the EU power grid adapt to changes in demand, aiming to reduce reliance on pricey fossil fuels and enable more renewables to come online.
read more... 06/04/2023
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