Germany’s energy and climate ministry expects to meet a target early to replenish the country’s gas stocks, ensuring households and industry will be supplied this winter, Der Spiegel reported at the weekend.
read more... 01/09/2022
Denmark and Germany have reached an agreement to connect the Danish energy island Bornholm, with an installed capacity of 3 GW, to the German mainland via an interconnector.
read more... 01/09/2022
Crude oil prices lost ground on Tuesday in a volatile week, as markets continue to fear a global recession and demand is declining. On the other side, Saudi Arabia urges OPEC+ to cut more supply which could support the market later on. Nevertheless, Brent and WTI crude traded 5.5% lower at $99.31 a barrel, and $91.64 respectively.
read more... 31/08/2022
Crude oil prices extended gains on Monday amid potential OPEC+ output cuts and conflict in Libya. Brent crude soared by 4.1% to settle at $105.09 a barrel. U.S. WTI crude increased by 4.2%, to close at $ 97.01 a barrel.
read more... 30/08/2022
The German government on Friday (26 August) said it was looking at decoupling gas and electricity markets as a way to curb rising power prices in Europe, a call later joined on Sunday by Brussels and Vienna.
read more... 30/08/2022