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North Sea nations plan huge expansion of wind power by 2050

Nine nations bordering the North Sea announced plans Monday to massively increase offshore wind power in the coming decades as part of an effort to combat climate change and become independent of fossil fuel imports, particularly from Russia.

read more... 13/09/2022

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Dutch LNG terminal at Eemshaven to reach full capacity by end-Nov or early Dec

The new Dutch LNG import terminal at Eemshaven is set to operate at full capacity by the end of November or early December, operator Gasunie said Sept. 9

read more... 12/09/2022

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Hungary aims to invest EUR 16 bln by 2030 to curb gas reliance

Hungary aims to invest up to 16 billion euros by 2030 to boost electricity production and storage capacity and curb reliance on gas imports, supplied mostly by Russia, Technology and Industry Minister Laszlo Palkovics said on Tuesday.

read more... 07/09/2022

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Daily (05.09.2022): The NBP gas prices decreased sharply on Friday due to strong LNG imports and UK Continental Shelf production

Oil prices rose on Friday as traders anticipated that OPEC+ would discuss output reductions at their meeting on September 5. Gains were however constrained by concerns about China's COVID-19 limitations and the status of the global economy. As a result, WTI crude oil moved up by 0.3% to $86.87, while Brent crude oil closed 0.7% higher at $93.02.

read more... 05/09/2022

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Italy's Draghi calls for EU price cap on Russian gas

European Union countries should agree a cap on the price of gas imported from Russia to help ease the burden of rising prices on businesses and households, Italian Prime Minister Mario Draghi said on Wednesday.

read more... 25/08/2022

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