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Germany girds for gas supply pain, targets $93 billion price relief plan

Germany on Monday said it plans to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned that the supply situation heading into winter remained tense even with full reserves.

read more... 12/10/2022

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Bulgaria is lagging in accumulation of gas reserves

Bulgaria will not achieve the EU’s minimum goal of filling up to 80% of its gas storage by the start of the heating season, which in the EU begins on 1 October, EURACTIV’s partner Dnevnik reported.

read more... 28/09/2022

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Germany approves rules to turn down heating, lights this winter

Germany's public buildings are to become cooler and streets darker this winter under energy-saving measures approved by the cabinet on Wednesday, as part of efforts to protect the nation's gas reserves to offset throttled deliveries from Russia.

read more... 25/08/2022

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France will have filled up its strategic gas reserves by start of November

France will have filled out 100 percent of its strategic gas reserves by November 1, government energy transition minister Agnes Pannier-Runacher told C News TV, as European countries prepare for fewer energy supplies coming through from Russia.

read more... 04/08/2022

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Daily (11.04.2022): The German Cal23 power contract jumped to an all-time high on Friday on Russian coal ban

Crude oil prices gained ground on Friday as increased concerns about reduced Russian exports counterbalanced increased supply to the market from emergency reserves. Brent crude soared by $2.20, or 2.19%, to settle at $102.78 a barrel. U.S. WTI crude increased by $2.23 to $98.26 a barrel.

read more... 11/04/2022

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