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€5bn Czech scheme to support energy producers given EU greenlight

Under the measure, subsidised loans will be provided to large energy producers to meet the collateral requests in the energy trading markets

read more... 11/08/2023

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G20 bloc fails to reach agreement on cutting fossil fuels

The Group of 20 (G20) major economies meeting in India failed on Saturday to reach consensus on phasing down fossil fuels following objections by some producer nations.

read more... 24/07/2023

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Slovak power plant sues state over historic loss

Electricity producer Slovenské elektrárne recorded the second-highest loss for a Slovak company in a decade and is suing the state for making it sell at a loss to customers.

read more... 02/06/2023

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Britain's Harbour Energy, BP to develop Viking CCS project

Harbour Energy, Britain's largest oil and gas producer, said on Tuesday it has entered into an agreement with BP to develop the Viking CCS transportation and storage project.

read more... 11/04/2023

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Daily (20.02.2023): Oil prices continued their bearish evolution on Friday, despite forecasts of rising Chinese demand

Oil prices continued their bearish trend on Friday, despite forecasts of rising Chinese demand, as oil producers are expected to maintain current volumes of crude exports and OPEC+ agreement will continue until the end of the year. Thus, Brent crude oil posted a 2.5% day-on-day loss to settle at $83.00 a barrel.

read more... 20/02/2023

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