Latest news
Daily (05.12.2023): The energy complex was bearish on Monday amid milder weather, robust LNG supply
On Monday, oil prices continued to decline for the third consecutive day following OPEC+'s announcement of new production cuts. This reaction adds complexity to the situation for the cartel, which is facing diminishing ammunition. Hence, Brent crude retreated by about 1%, settling at $78.03 per barrel, while WTI crude fell by over 1%, standing at $73.04 per barrel.
read more... 05/12/2023
US scientists repeat fusion ignition breakthrough for 2nd time
U.S. scientists have achieved net energy gain in a fusion reaction for the second time since December, the Lawrence Livermore National Laboratory said on Sunday.
read more... 07/08/2023
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Baltic states become first in Europe to stop Russian gas imports
The head of Latvia’s natural gas storage operator said Saturday (2 April) the Baltic states were no longer importing Russian gas, a decision made in reaction to the Kremlin’s decision to invade Ukraine.
read more... 04/04/2022
Widespread support in EU Parliament for 45% renewable energy target
In reaction to the Russian invasion of Ukraine, there is growing support across the European Parliament to increase the EU’s 2030 renewable energy target and break away from Russian fossil fuels, lawmakers from across the political spectrum told EURACTIV.
read more... 16/03/2022
Germany calls for taxonomy changes, EU27 move forward on energy crisis reaction
Germany has called for changes to the European Commission's draft sustainable finance taxonomy guidelines on nuclear and gas, while EU energy ministers have made some progress in informal talks on guarding against future gas price spikes.
read more... 25/01/2022