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EU to end winter with enough gas even without Russia
The EU is on track to end winter with sufficient gas, even if Russia halts supplies, although such a scenario – combined with cold weather – would erode stocks to around 20% of capacity, said think tank Bruegel.
read more... 12/10/2023
Global energy consumption to increase through 2050, outpace efficiency gains
Global energy consumption will likely increase through 2050 and outpace advances in energy efficiency, the U.S. Energy Information Administration (EIA) said on Wednesday.
read more... 12/10/2023
Daily (11.10.2023): British gas prices saw a fierce uptrend on Tuesday amid supply concerns over Middle East tensions
Crude oil prices were slightly lower yesterday amid concerns over the state of the global economy, after recent data flagged a slowdown in economic growth. However, the oil market remained choppy amid Middle East turmoil, fueled by worries about a potential decrease in oil supply. As a result, Brent crude traded 0.6% lower at $87.65 a barrel. Meanwhile, U.S. WTI crude edged 0.5% lower at $85.97 a barrel.
read more... 11/10/2023
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Three countries support construction of Burgas-Alexandroupolis oil pipeline
The oil pipeline project from the Greek port of Alexandroupolis to the Bulgarian port of Burgas is on the agenda of Bulgaria, Greece, and Romania in the context of greater energy, transport and digital connectivity in Southeast Europe.
read more... 11/10/2023
Carmakers apply for French EV subsidies under more stringent rules
Automakers will from Tuesday submit the specifications of their electric vehicles to French authorities in the hope they can continue to benefit from subsidies under new conditions that are likely to edge out many Chinese models.
read more... 11/10/2023