Latest news
UK's first CO2 storage round attracts bids from 19 companies
A total of 19 companies applied to develop carbon dioxide (CO2) storages off Britain in the country's first such licensing round, the North Sea Transition Authority (NSTA) said on Thursday.
read more... 23/09/2022
EU considers more action to tame energy prices, fix liquidity squeeze
The European Commission is working on more measures to tame sky-high gas prices and support energy firms facing a liquidity crunch, and may lay out its plans to EU countries next week.
read more... 23/09/2022
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Germany weighs nationalising gas importer Sefe
Germany is looking at nationalising gas importer Sefe, previously Gazprom Germania, to protect it from bankruptcy, two sources familiar with the matter said on Thursday, a day after Berlin moved to nationalise top gas importer Uniper
read more... 23/09/2022
Daily (22.09.2022): Oil prices dropped to a two-week low on Wednesday after U.S. Fed hiked interest rates
On Wednesday, oil prices dropped to a two-week low as the U.S. Federal Reserve announced yet another important rate hike to combat inflation, which might dampen economic growth and oil demand. Thus, Brent crude decreased by nearly 0.9% to $89.83 a barrel, while WTI crude fell by 1.2% to $82.94 per barrel.
read more... 22/09/2022
European governments splurging €500bn to cushion energy crisis
Governments in Europe have earmarked nearly €500 billion in the last year to cushion citizens and companies from soaring gas and power prices, according to research published by think-tank Bruegel on Wednesday (21 September).
read more... 22/09/2022