Latest news
Italy eyes 19 billion euros in energy investments as it reviews post-COVID plan
Italy said on Thursday it planned to use EU money to fund an investment programme worth around 19 billion euros ($21 billion) to strengthen power and gas grids and make its economy greener.
read more... 28/07/2023
Germany commits to ‘blue hydrogen’ in updated national strategy
Germany’s updated hydrogen strategy, unveiled on Wednesday (26 July) places heavy emphasis on imports from Denmark and Norway while securing “blue hydrogen” production from fossil gas using CCS technology to mitigate the related emissions.
read more... 27/07/2023
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Spanish gas storage levels hit record 98% for July
Spanish underground gas storage levels have reached a record level for July of 98%, significantly higher than the 72% seen a year ago, TSO Enagas said on Wednesday.
read more... 27/07/2023
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EU faces winter gas supply risk on limited LNG growth
Europe still faces risks to its gas supply this winter as the global availability of LNG upon which it depends looks set to expand only modestly this year, commodities consultancy Icis said on Monday.
read more... 26/07/2023
Daily (25.07.2023): Oil prices climbed by over 2% on Monday to levels not seen since April
Crude oil prices gained ground on Monday following hopes for new stimulus measures in China and OPEC's production cuts. Additionally, rising demand of US gasoline bolstered prices. Thus, Brent crude rose by 2.1% to end at $82.74 a barrel. Meanwhile, U.S. WTI crude increased by over 2% as well, to settle at $78.74 a barrel.
read more... 25/07/2023