President Vladimir Putin's plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with fuel from other sources, but that might not be enough to persuade Europeans to buy, analysts and sources said.
read more... 01/12/2022
The European Commission on Wednesday (10 November) tabled temporary emergency rules to accelerate the deployment of renewable energies like wind and solar, saying the ongoing energy crisis fuelled by Russia’s war in Ukraine calls for exceptional measures.
read more... 11/11/2022
Tuesday saw a decrease in oil prices due to growing worries about fuel consumption as COVID-19 outbreaks escalated in the world's biggest crude importer China. Prices were also affected by uncertainty related to the results of the US midterm elections. As such, the Brent crude price settled 2.6% down at $95.36 a barrel. WTI crude fell by 3.1% to $88.91 a barrel.
read more... 09/11/2022
Crude oil prices lost ground on Tuesday as energy traders expect the Biden administration to remain aggressive with further releases from its strategic oil reserves. Economic slowdown and lower Chinese fuel demand put additional bearish pressure. Hence, Brent crude decreased by $1.59, or 1.7%, to settle at $90.03 a barrel. U.S. WTI crude dropped by $2.64, or 3.1%, to end at $82.82 a barrel.
read more... 19/10/2022
Spain has initiated a procedure to withdraw from the Energy Charter Treaty (ECT), which protects investments in fossil fuels and other energy infrastructure, official sources confirmed to EURACTIV’s partner, EFE.
read more... 17/10/2022