Latest news
Germany girds for gas supply pain, targets $93 billion price relief plan
Germany on Monday said it plans to urgently implement a 96 billion euro ($93 billion) plan to ease pressure on consumers from surging gas prices as it was warned that the supply situation heading into winter remained tense even with full reserves.
read more... 12/10/2022
Daily (11.10.2022): European carbon contracts fell on Monday due to the collapse of demand in the industrial and energy sectors
After five straight days of gains, crude oil prices fell as weak economic data fueled concerns about a worldwide recession and reduced demand for fuel. Thus, Brent crude decreased by 1.8% to settle at $96.19 a barrel. Meanwhile, U.S. WTI crude ended 1.6% lower at $91.13 a barrel.
read more... 11/10/2022
.jpg)
Finland, Estonia agree on Inkoo as site of LNG terminal
Finland and Estonia have agreed that their new joint floating LNG terminal will initially dock in Inkoo, southern Finland, the governments said on Monday.
read more... 11/10/2022
.jpg)
EU countries eye deal on more energy measures within weeks
European Union countries will seek a November deal on more emergency measures to tackle high gas prices, officials said, although countries still disagree on what form those measures would take and whether they should cap gas prices.
read more... 11/10/2022
.jpg)
Italy's telecoms lobby urges EU to help lower energy bills, avoid power cuts
Italy's telecoms lobby has called on the European Union to consider ways to help the industry cope with rising energy costs as well as to shield their networks from any planned power cuts, a document seen by Reuters showed.
read more... 11/10/2022