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EU to mandate 90% gas storage refill for next winter
The European Commission will table proposals on Wednesday (23 March) obliging EU countries to fill up their gas stores at least 90% before the next winter season and introduce a new certification scheme to prevent manipulation of gas storage by foreign operators.
read more... 22/03/2022
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Daily (02.03.2022): Brent crude surged towards $105 a barrel on Tuesday despite IEA agreement
Oil prices surged on Tuesday with Brent crude hitting its highest level since 2014 as Russia’s invasion of Ukraine entered its seventh day. However, IEA’s decision to release 60m bbl of reserves to alleviate price hikes did little to calm markets. Hence, Brent crude soared by 4% to settle at $104.97 a barrel.
read more... 02/03/2022
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Ukraine, Poland PMs call on Germany not to launch Nord
The entire civilized world, including Germany, must make every effort to prevent the use of Nord Stream 2 as a hybrid energy weapon against Ukraine and the European Union.
read more... 03/02/2022
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UK Plans More Power Capacity To Avoid Outages Next Winter
The UK looks to prevent power outages next winter season by setting a higher target for the 2022/2023 power capacity auction than the one recommended by grid operator National Grid Plc.
read more... 26/01/2022
Key EU lawmaker wants rules to prevent countries dodging emissions cuts
The European Union needs tougher rules and financial penalties to ensure each country cuts greenhouse gas emissions to deliver the bloc's climate targets, according to the European Parliament's lead lawmaker on the policy.
read more... 18/01/2022