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EU eyes more Azeri gas amid high bills and tight Russian supplies
The European Union is seeking more natural gas from Azerbaijan, an EU official said on Friday (4 February), as Europe grapples with high energy bills and tight deliveries from Russia, its main supplier of fuel, which has been at loggerheads with the West over Ukraine.
read more... 08/02/2022
Daily (01.02.2022): UK gas prices eased on Monday on forecasts for warmer weather next month
Oil prices edged up on Monday, trading near seven-year highs, as investors await that supplies will stay tight, due to limited production rise by major oil producers and a strong recovery in fuel demand. Tensions between Russia and the West also underpinned crude prices, which soared by about 17% in January, the biggest monthly gain since February 2021. As such, Brent crude price rose by 1.3% to settle at $91.21 a barrel. The American WTI crude closed 1.5% higher at $88.15 a barrel.
read more... 01/02/2022
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Germany supports gas in EU green label row
The German government this weekend reiterated its opposition to include nuclear energy in the EU's green finance taxonomy, while it called on the European Commission to amend rules for the inclusion of natural gas as a transitional fuel.
read more... 26/01/2022
EU advisers concerned about plan for green labels on gas, nuclear investments
Experts advising on the European Union's sustainable finance taxonomy are concerned a draft plan to include gas and nuclear relies too heavily on promises to make those fuels green in future, rather than assessing their real impact today.
read more... 19/01/2022
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EDF announces new delay and higher costs for Flamanville 3 reactor
France's Flamanville 3 reactor will cost 300 million euros more than forecast and fuel loading is being pushed back by up to six months, EDF said on Wednesday, in the latest setback for a project already running more than a decade late.
read more... 13/01/2022