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Need for speed as EU launches debate on electricity market reform
In response to soaring energy bills, the European Commission is preparing an overhaul of its electricity market with the objective of spreading the benefits of cheap renewables to all consumers.
read more... 19/01/2023
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Netherlands proposes EU gas price cap for state-backed buyers
The Netherlands has weighed into the European Union's debate on whether to cap gas prices with an alternative proposal that would cap gas prices but only for government-owned or state-supported buyers.
read more... 06/12/2022
Equinor's UK Rosebank investment to reach $5.2 billion
Equinor's Rosebank oil and gas field in the British North Sea will require capital expenditure of about 4.3 billion pounds ($5.22 billion), Equinor's UK upstream chief Arne Guertner told Reuters on Friday.
read more... 08/08/2022
French power could top EUR 700 this winter
French winter power prices would exceed EUR 700/MWh in the event of a halt to Russian gas supplies, Sebastien Loux, managing director of TotalEnergies' electricity and gas business in Europe, told Montel on Monday.
read more... 14/06/2022
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EU countries mull deal on emergency rules to fill gas storage
European Union countries will this week debate a possible deal to share out the costs of buying gas to fill storage and build a supply buffer ahead of next winter, according to a draft document seen by Reuters.
read more... 27/04/2022