European Union countries will this week debate a possible deal to share out the costs of buying gas to fill storage and build a supply buffer ahead of next winter, according to a draft document seen by Reuters.
read more... 27/04/2022
Crude oil prices slumped to their lowest levels in two weeks on Monday. The market reacted bearishly to the news that China will prolong the strict coronavirus lockdown, a measure that the market fears will result in a slowing economy and weak demand. Hence, Brent crude fell by $4.33, or 4.1%, to settle at $102.32 a barrel. U.S. WTI crude fell by $3.53, or 3.5%, to settle at $98.54.
read more... 26/04/2022
The Netherlands will receive its first floating LNG plant, at Eemshaven in Groningen, in early August as part of the country’s plan to wean itself off Russian gas, TSO Gasunie said on Monday.
read more... 26/04/2022
A German-funded consortium of carmakers and battery producers, including BMW, Umicore and BASF , is to develop a "battery passport" that traces the content and carbon footprint of batteries in Europe, Germany's economy ministry said on Monday.
read more... 26/04/2022
The European Union is preparing “smart sanctions” against Russian oil imports, The Times reported on Monday (25 April), citing the European Commission’s executive vice-president, Valdis Dombrovskis.
read more... 26/04/2022