It is unclear if Belgium will use the option in an upcoming European Union law to block imports of Russian liquefied natural gas (LNG), Belgium’s energy minister said on Monday (22 January).
read more... 24/01/2024
Two of the three EU countries most reliant on Russian LNG – Spain and France – are unlikely to ban Russian imports despite Brussels paving the way for national restrictions, with one trader telling Montel the move was simply a “gesture”.
read more... 12/01/2024
China has reinstated tariffs on coal imports from the start of this year in what could be a blow to Russian exporters.
read more... 03/01/2024
Britain said on Monday (18 December) it would implement a new import carbon pricing mechanism by 2027, with goods imported from countries with a lower or no carbon price having to pay a levy as part of decarbonisation efforts.
read more... 19/12/2023
Oil prices rebounded on Friday following a meeting between Russian President and Saudi Crown Prince, where they emphasized the importance of energy cooperation and the need for all countries to adhere to the OPEC+ agreement. Consequently, Brent crude ended at $75.84 per barrel, while WTI crude closed at $71.23 per barrel, both contracts jumping by more than 2%.
read more... 11/12/2023