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Germany's budget crisis leaves struggling solar industry in limbo
Germany's budget crisis is threatening planned government support for its domestic solar manufacturers, in what could prove to be the death knell for an industry that was once world-leading but got undercut by cheaper Chinese imports.
read more... 08/12/2023
Slovakia to allocate more funding to avoid rising prices of household energy
The Slovak government will give €1.25 billion to energy aid next year in an effort to prevent a 20% increase in household electricity charges, Slovak Economy Minister Denisa Saková said on Wednesday.
read more... 07/12/2023
Daily (27.10.2023): Oil prices declined by over 2% on Thursday as ECB holds interest rates, dampening global demand outlook
Oil prices declined sharply by over 2 % on Thursday, with the outlook for oil demand being negatively impacted by the European Central Bank's (ECB) decision to keep interest rates unchanged, highlighting vulnerabilities in the global economy. As a result, Brent crude settled at $87.93 per barrel, while WTI crude stood at $83.21 per barrel.
read more... 27/10/2023
Egypt may stop LNG exports, tightening EU supply
Europe’s gas balance may tighten this winter due to turmoil in the Middle East as Egypt is expected to stop LNG exports amid lower supply from Israel and lower domestic production, experts said this week.
read more... 27/10/2023
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Qatar signs 27-year gas supply deal with Italy's Eni
State-owned QatarEnergy said on Monday it would supply Italy's Eni with gas for 27 years, following similar deals this month to supply the Netherlands via Shell and France through TotalEnergies.
read more... 23/10/2023