Latest news
Energy taxation directive: No progress expected before EU elections
Despite the presentation of a new compromise text to national governments on Thursday (April 25), no serious progress is expected on revision of the energy taxation directive before the next term of the EU Parliament and Commission.
read more... 26/04/2024
Five European countries open their doors to cross-border CO2 storage
Five northern European countries – Denmark, Norway, Belgium, the Netherlands, and Sweden – have laid the foundations for Europe’s carbon capture and storage (CCS) infrastructure by joining forces to conclude arrangements on the transport and storage of carbon across borders.
read more... 17/04/2024
EU Parliament approves legal option to block Russian LNG imports
The European Parliament voted on Thursday to pass rules allowing European governments to ban Russian liquefied natural gas (LNG) imports, by preventing Russian firms from booking gas infrastructure capacity.
read more... 12/04/2024
Daily (08.04.2024): Middle East conflict provided support to oil prices on Friday
Oil prices extended gains on Friday , amid worries about supply constraints due to the Middle East conflict. Brent crude rose by 1% to $91.17, while WTI Crude edged 0.4% higher at $86.19.
read more... 08/04/2024
Daily (05.04.2024): Oil prices hit their highest level since October on Thursday amid escalated geopolitical tensions and supply constraints
Oil prices surged on Thursday, reaching their highest level since October amid heightened geopolitical tensions in Ukraine and the Middle East, as well as continuously tighter supply. As a result, Brent crude closed at $90.65 a barrel, while WTI crude reached $86.59 a barrel, with both contracts climbing by 1.4% day-on-day.
read more... 05/04/2024