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EU countries rewrite plan to cut gas demand, seek carve-outs
European Union countries are seeking to soften the bloc's plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from its main gas supplier Russia.
read more... 26/07/2022
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NeuConnect UK-Germany power link project reaches financial close
The NeuConnect project, which aims to create the first direct power link between Germany and the UK, has reached financial close.
read more... 26/07/2022
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France against uniform targets on gas consumption reduction in Europe
France is against setting uniform targets for the reduction of gas consumption in Europe amid a looming energy crisis, said French energy ministry officials.
read more... 26/07/2022
Daily (25.07.2022): Crude oil dropped on Friday, weighed by increased worries about slowing global demand
Crude oil prices fell on Friday, weighed by worries about slowing global demand at a time when many countries are fighting inflation brought on by rising energy and food prices. Thus, Brent crude ended 0.6% lower at $103.20 a barrel. WTI crude diminished by 1.7% to settle at $94.70 per barrel.
read more... 25/07/2022
France approves draft gas security of supply law
France's National Assembly has approved measures to ensure security of gas supply which focus on the power sector, LNG and underground storage.
read more... 25/07/2022