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Daily (14.02.2022): Energy markets surged on Friday, amid escalating tensions at the Russia-Ukraine border
Oil prices increased sharply on Friday, as US defense officials anticipated Russian forces to commence the invasion in the coming weeks. As a result, Brent crude soared by 3.3% to $94.44 a barrel and WTI oil jumped by 3.6% to $93.10 a barrel.
read more... 14/02/2022
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EU, US pledge gas cooperation as tensions rise over Ukraine
The United States and the European Union pledged on Monday (7 February) to work to ensure gas supplies can respond to disruptions in pipeline gas flows, as tensions rise over the massing of troops on Ukraine’s borders by Russia, Europe’s biggest gas supplier.
read more... 09/02/2022
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France's Engie says has stockpiled enough gas to cope with potential disruption
French energy producer Engie has stockpiled more gas than on average in order to cope with any potential supply disruption with Russian gas imports, it said on Friday.
read more... 31/01/2022
EU to invest Eur1 billion in Green Deal cross-border energy infrastructure
EU member states have agreed to invest Eur1.037 billion ($1.16 billion) in cross-border energy infrastructure projects, with two-thirds of funds under the Connecting Europe Facility allocated to a subsea electricity interconnector to Cyprus, the Commission said Jan. 26.
read more... 28/01/2022
Daily (24.01.2022): Increased tensions at the border between Russia and Ukraine sent gas markets higher on Friday
Crude oil prices extended losses on Friday, pressured by declining stock markets in New York. Nevertheless, tensions between the United States and Russia over the situation in Ukraine capped losses. Thus, Brent oil edged 0.6% lower at $87.89 a barrel and WTI crude slipped by 0.5% to $85.14 a barrel.
read more... 24/01/2022