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First LNG regasified at Wilhelmshaven sent out into German grid

Germany's Uniper on Dec. 21 sent the first LNG regasified at the new floating import terminal at Wilhelmshaven into the German grid, a company spokesperson said Dec. 22.

read more... 23/12/2022

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Spain approves 1.2% windfall tax on energy companies

The Spanish senate approved a new windfall tax late on Wednesday that will curb sales revenues from energy companies in 2023-24 and aims to collect 1.2% of its turnover from large operators.

read more... 23/12/2022

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EU approves 28 bln euro German renewable energy scheme

The European Commission said on Wednesday it had approved the German government's 28 billion euro ($29.69 billion) support scheme for renewable energy, which is aimed at rapidly expanding use of wind and solar power.

read more... 22/12/2022

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Gas discovery off Cyprus by Eni and Total gives Europe more options

A consortium of Italy’s Eni and France’s TotalEnergies has found more natural gas off Cyprus, boosting Europe’s hopes for a clean break from Russian gas.

read more... 22/12/2022

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Daily (22.12.2022): German front-year power price hit a six-month low on Wednesday amid milder weather, bearish gas

Crude oil prices rebounded on Wednesday after data showed a larger-than-expected draw in U.S. crude stockpiles, but gains were limited by a snowstorm that is expected to disrupt travel in the United States. Hence, Brent crude rose by $2.21, or 2.76%, to settle at $82.20 a barrel, while U.S. West Texas Intermediate (WTI) crude increased by $2.06, or 2.7%, to end at $78.29.

read more... 22/12/2022

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