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Slovenian government projects €5 billion for 2023 to combat the energy crisis
The government is planning measures worth nearly €5 billion to fight the energy crisis in 2023, Prime Minister Robert Golob announced in parliament on Monday (26 September).
read more... 28/09/2022
Daily (27.09.2022): Oil prices declined on Monday recent increased interest rates by US Federal Reserve
Oil prices dropped on Monday, as the US Federal Reserve and the Bank of England increased interest rate. Moreover, fears of a recession suggested that demand could be destroyed. Consequently, Brent crude decreased by 2.4% to $84.06 a barrel, and WTI oil also fell by 2.5% to $76.71 a barrel.
read more... 27/09/2022
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Gas from Russia's Nord Stream 2 pipeline leaks into Baltic Sea
Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas leak overnight from the defunct Russian-owned Nord Stream 2 pipeline drained into the Baltic Sea.
read more... 27/09/2022
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APPEC Russian oil diversion post-EU sanctions to raise shipping hurdles
Oil markets are bracing for the biggest shift in global trade flows ever as nearly 3 million barrels per day of Russian crude oil and products will have to be diverted to markets outside Europe and advanced economies when European Union sanctions take effect in the coming months, Vitol executives said.
read more... 27/09/2022
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Group of countries to push EU for gas price cap
A group of European Union countries want to push Brussels to produce plans this week for a bloc-wide cap on the price of gas, according to a draft letter seen by Reuters.
read more... 27/09/2022