European Union energy regulators have launched a liquefied natural gas (LNG) benchmark price in an effort to avoid the market mirroring spikes in volatile costs for pipeline gas.
read more... 05/04/2023
The European Commission has given Italy the green light to set up a €450 million project to support integrated hydrogen and renewable energy production in brownfield sites.
read more... 05/04/2023
The US company Westinghouse will supply both Czech nuclear plants with fuel, so the country can quit importing Russian nuclear fuel until the end of 2023.
read more... 05/04/2023
Crude oil prices increased on Monday on expectations that China would take steps to boost economic growth. At the same time, the OPEC+ group's unexpected announcement of additional production cuts lent further support. Thus, both Brent and WTI crude soared by over 6%, to settle at $84.93 and $80.42 a barrel respectively.
read more... 04/04/2023
Poland will need a huge upgrade of its power grids to cope with the transmission of energy from renewable and nuclear sources, a top official said on Monday, as the country set out an energy strategy that will see it shift away from fossil fuels.
read more... 04/04/2023