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Daily (30.11.2023): Gas prices tumbled on Wednesday, driven by falling demand and a well-supplied market

Oil prices increased by about 2% on Wednesday, driven by optimistic reports suggesting that the OPEC+ alliance is contemplating additional reductions in oil production. Consequently, Brent crude settled at $83.10 per barrel, while WTI crude ended at $77.86 per barrel.

read more... 30/11/2023

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EU to call for early fossil fuel phase out at COP28

The EU has said it will call for global unabated fossil fuels to be phased out “well before 2050” at the UN COP28 climate summit next month in Dubai.

read more... 17/10/2023

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Berlin considers slashing electricity tax by 95% to boost heat pump uptake

Germany may slash electricity taxes to near-nothing amid flagging heat pump sales, a move backed by liberal and conservative politicians as well as the renewable energy lobby.

read more... 21/09/2023

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UK-Germany energy link on track as construction advances

Construction is well underway on the £2.4 billion NeuConnect project, a pivotal energy link set to connect the UK and Germany.

read more... 15/09/2023

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Israel, Cyprus and Greece mull energy pacts

The leaders of Israel, Greece and Cyprus on Monday pledged to deepen energy cooperation and explore ways to get East Mediterranean gas to Europe, as well as connect electricity grids.

read more... 05/09/2023

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