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Spain, Portugal urge energy coordination as Russia supply fears rise

Spanish and Portugese officials called on Thursday for Europe to cooperate more closely on managing energy supplies after major producer Russia's invasion of Ukraine heightened fears of disruptions.

read more... 25/02/2022

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Italy could run out of gas due to Russia crisis

Italy would only have gas supplies to last a few weeks if Russia halted flows amid the escalating crisis in Ukraine, analysts told Montel this week.

read more... 24/02/2022

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Daily (11.02.2022): European Cal’23 power prices fell by over 2% on Thursday amid weaker EUAs, gas

Crude oil prices traded flat on Thursday as market participants awaited the conclusion of indirect nuclear discussions between the US and Iran, which might pave the way for increased crude supplies. Hence, Brent crude steadied at $91.41 a barrel. U.S. WTI crude added 0.3% to $89.88 a barrel.

read more... 11/02/2022

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EU, US pledge gas cooperation as tensions rise over Ukraine

The United States and the European Union pledged on Monday (7 February) to work to ensure gas supplies can respond to disruptions in pipeline gas flows, as tensions rise over the massing of troops on Ukraine’s borders by Russia, Europe’s biggest gas supplier.

read more... 09/02/2022

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EU eyes more Azeri gas amid high bills and tight Russian supplies

The European Union is seeking more natural gas from Azerbaijan, an EU official said on Friday (4 February), as Europe grapples with high energy bills and tight deliveries from Russia, its main supplier of fuel, which has been at loggerheads with the West over Ukraine.

read more... 08/02/2022

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