Oil prices remained stable on Monday as fears that high inflation and energy prices may push the global economy into recession outweighed China's continued adoption of a loose monetary policy. Hence, Brent crude settled at $91.62 a barrel, while WTI decreased by 0.2% to $85.46 per barrel.
read more... 18/10/2022
EU ministers want a stronger carbon price control mechanism to tackle excessive rises, according to the EU Council’s formal position on draft ETS reforms published late on Thursday.
read more... 04/07/2022
The EU's new rules on minimum gas storage obligations, which will require member states to fill storage sites to at least 80% of capacity by Nov. 1 this year, are set to come into force after final approval from the EU Council.
read more... 28/06/2022
The EU Council on May 16 adopted the revised regulation on funding for priority EU energy projects, the final step in the TEN-E approval process that defines the projects that will allowed to be subsidized under the Projects of Common Interest (PCI) program.
read more... 17/05/2022
A coalition of 10 EU member states, led by Sweden, have written to the French EU Council Presidency and the European Commission to warn against the planned revision of sustainability criteria for bioenergy, saying it is too early to do so.
read more... 21/01/2022