France's government is offering 12 euros per share to take full control of EDF in a 9.7 billion euro ($9.85 billion) buyout offer that gives it a free hand to run the group as it contends with a European energy crisis.
read more... 19/07/2022
The UK government on Monday launched a review into Britain's electricity market, seeking ways to lower costs for consumers contending with soaring energy prices.
read more... 19/07/2022
The European Commission signed a memorandum of understanding on Monday with Azerbaijan to double imports of Azeri natural gas to at least 20 billion cubic metres a year by 2027.
read more... 19/07/2022
Oil rose on Friday after U.S. official said that an immediate Saudi oil output surge was not anticipated. Thus, Brent crude ended 2.1% higher at $101.16 a barrel and WTI rose by 1.9% to settle at $97.59 a barrel.
read more... 18/07/2022
European Commission President Ursula von der Leyen will travel to Baku on Monday to seek more natural gas from Azerbaijan, the EU's executive said, as the European Union seeks to reduce its reliance on Russian energy.
read more... 18/07/2022