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Foul play on the Bulgarian gas market profits Russia
The Bulgarian state-owned gas import company Bulgargaz wrote to the State National Security Agency (DANS) to report that competing interests seek to sabotage by jeopardising the agreement between Bulgaria and Azerbaijan on importing 1 billion cubic meters of gas per year. EURACTIV Bulgaria reports.
read more... 29/12/2021
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Poland hopes for progress in talks with Czechs over Turow mine
Poland hopes to make progress in negotiations with the new Czech government over the open-pit lignite Turow mine near the border, Poland's prime minister said on Tuesday, referring to the most serious spat between the two European Union members in decades.
read more... 29/12/2021
Daily (28.12.2021): Oil prices climbed to their highest levels since November as Omicron concerns eased
Crude oil prices soared to their highest level since Nov. 26 on Monday, supported by hopes that the impact of the new Coronavirus mutant “Omicron” will be limited on global demand in 2022. Oil is heading for a yearly gain after a robust rebound from the pandemic, but the rally was curbed in recent weeks, in part due to concerns about Omicron. Hence, Brent crude rose by $2.46, or 3.2%, to settle at $78.60 a barrel. U.S. WTI crude increased by $1.78, or 2.4%, to settle at $75.57 a barrel.
read more... 28/12/2021
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Russian gas continues to flow east via Yamal-Europe pipeline
The Yamal-Europe pipeline that usually delivers Russian gas to Western Europe was sending the fuel back to Poland for an eighth straight day on Tuesday, according to data from German network operator Gascade.
read more... 28/12/2021
French nuclear closures send electricity prices soaring
France has suffered a spike in electricity prices after its nuclear-reliant grid was stretched by the temporary closure of four reactors.
read more... 28/12/2021