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Russia says failure to certify Nord Stream 2 is not an option
Russia believes that the Nord Stream 2 gas pipeline will get the necessary certification and eventually start working, Russian Deputy Prime Minister Alexander Novak told RBC media on Wednesday.
read more... 29/12/2021
Bulb Energy collapse leaves 1.7 million without supplier
UK utility Bulb Energy has announced its collapse into administration, leaving 1.7 million customers without an energy supplier. The bankruptcy of the UK’s seventh-largest energy retailer marks the most recent and largest in a long line of UK utilities going bust because of high international energy prices.
read more... 23/11/2021
Daily (26.10.2021): British gas prices moved higher on Monday amid cold weather forecasts, bullish fuel markets
Oil prices steadied on Monday in absence of any significant event on the market, with the market remaining focused on the tight global supply. Hence, Brent crude rose by 0.5% to settle at $85.99 a barrel. U.S. WTI crude remained unchanged at $83.76 a barrel.
read more... 26/10/2021
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Almost all German parties open for ending coal well before 2038
Nearly all parties expecting to gain seats in Germany's parliament are open to completing the country's coal exit well before the official 2038 end date. At a debate event hosted by civil society group Klima-Allianz (Climate Alliance), senior politicians of all parties in parliament except the far-right AfD signalled they would consider a much earlier phase-out if conditions were right or even actively work towards achieving it.
read more... 26/08/2021
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Shipping industry seeks to combat dark oil transfers at sea
Top oil shipping companies say they have tightened operational guidelines and deployed technology to prevent accidental breaches of sanctions, as the countries hit by ever tougher restrictions fight back with elaborate strategies to dodge them.
read more... 14/07/2021