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Certifying Nord Stream 2 poses no threat to gas supply to EU
Allowing Nord Stream 2 to pump Russian gas to Germany will not threaten supplies to the European Union, the German Economy Ministry said on Tuesday, clearing a major hurdle for the disputed pipeline.
read more... 27/10/2021
Daily (15.10.2021): Oil prices climbed to multi-year highs on Thursday as Saudi Arabia dismissed calls for additional OPEC+ supplies
Crude oil prices climbed to hit multi-year highs on Thursday after Saudi Arabia, one of the main crude oil producers in the world, rejected to follow the policy of OPEC+ to increase their output for price controls. Additionally, the International Energy Agency (IEA) said surging natural gas prices could boost demand for oil among power generators. Hence, Brent crude rose by 1% to settle at $84.00 a barrel, the highest level since October 2018. U.S. WTI crude increased by 1% to close at $81.31 a barrel, hitting a seven-year record high.
read more... 15/10/2021
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Russia's Gazprom is ready to boost gas sales to Europe
Russian energy giant Gazprom stands ready to increase natural gas supplies to Europe, Interfax news agency cited a Kremlin spokesman as saying on Sunday, amid a surge in gas prices.
read more... 27/09/2021
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Siemens Energy and Sumitomo chosen for interconnector project
The Greenlink interconnector is designed to make both countries' power supplies more secure and make their grids more stable.
read more... 22/09/2021
Google invests 1 billion euros in German datacenters through 2030
Online search giant Google said on Tuesday it would invest 1 billion euros ($1.2 billion) in Germany through 2030 to expand its datacenter operations and secure renewable power supplies to run them.
read more... 01/09/2021