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Government rejects additional assistance for energy bills

Despite persistently high energy costs, the government has dismissed the possibility of providing further assistance to households struggling with their bills.

read more... 22/05/2023

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Italy looks at nuclear energy to supplement energy mix

Investing in nuclear is necessary for Italy to pursue its energy objectives and ensure European energy sovereignty, said far-right MP Luca Toccalini (Lega/ID) as the Italian coalition expresses support for nuclear.

read more... 16/05/2023

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Daily (15.05.2023): Crude oil prices declined by 1% on Friday amid economic gloom

Crude oil prices retreated on Friday, heading for a fourth consecutive weekly loss as the debt-ceiling impasse in Washington and broader economic concerns continued to weigh. Hence, Brent crude declined by 1% to settle at $74.17 a barrel. Meanwhile, U.S. WTI crude fell by 1.2% to end at $70.04 a barrel.

read more... 15/05/2023

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Daily (11.05.2023): Oil prices retreated on Wednesday amid an unexpected increase in U.S. commercial crude oil reserves

Oil prices retreated on Wednesday on the back of an unexpected increase in U.S. commercial crude oil reserves. The impasse over the U.S. debt ceiling also began to worry markets, further weighing on prices. Thus, Brent crude lost 1.3% to settle at $76.41 a barrel. WTI crude dropped by around 1.6% to $72.56 a barrel.

read more... 11/05/2023

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Germany, Austria, Italy urge EU to back hydrogen projects

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

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