Latest news
Germany releases €3bn to acquire floating LNG terminals
Germany has released nearly €3 billion to acquire floating liquefied natural gas import terminals, the finance ministry said Friday (15 April), as it seeks to move away from dependence on Russian gas.
read more... 19/04/2022
Germany’s global hydrogen plans could accelerate climate change
German Economy Minister Robert Habeck plans to import hydrogen from all over the world to satisfy Germany’s hunger for energy despite a new study questioning the climate-friendliness of hydrogen transport.
read more... 18/04/2022
EU Begins Drafting Embargo On Russian Oil
The European Union has started drafting its proposal for an embargo on Russian oil imports as its latest response to the war in Ukraine, the New York Times reported, citing Brussels officials and diplomats.
read more... 18/04/2022
Daily (15.04.2022): Oil prices soared by about 2.5% on Thursday as EU mulls a ban on Russian oil imports
Crude oil prices extended gains on Thursday as traders considered the possibility of a European Union ban on imports of Russian oil. Hence, Brent crude soared by $2.92, or 2.68%, to settle at $111.70 a barrel. U.S. WTI crude closed $2.70 or 2.59% higher at $106.95 a barrel.
read more... 15/04/2022
EU could revisit renewable targets in push to quit Russian energy
The European Union may set more ambitious targets for its transition to renewable energy as it seeks alternatives to imports of oil and gas from Russia, EU climate policy chief Frans Timmermans said on Sunday.
read more... 11/04/2022