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EU Commission said gas price cap impossible as requested
The European Union's executive body told its 27 member countries at a seminar on Monday that it was not possible to create a gas price cap that would not affect long-term contracts or supply security, two diplomatic sources told Reuters.
read more... 10/11/2022
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Czech government caps power firm revenues in $4 bln windfall plan
The Czech government approved plans for caps on the revenues of power firms on Wednesday, as part of plans to fund measures to ease the burden of soaring prices on households and companies.
read more... 10/11/2022
Daily (09.11.2022): German and French year-ahead electricity prices fell due to positive prospects in power generation
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
EU to sign three deals for green hydrogen
The EU will sign three initial agreements for imports of renewable hydrogen at the Cop 27 UN climate conference in Sharm el-Sheikh, European Commission president Ursula von der Leyen said.
read more... 09/11/2022
Skulte LNG terminal construction to start in 2Q23
Construction of the Skulte LNG terminal in Latvia will start in the second quarter of 2023, project member of the board Uldis Salmins told Argus.
read more... 09/11/2022