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Italy commissioner approves contested gas terminal

A state-appointed commissioner gave the green light Tuesday to a contested new liquefied natural gas (LNG) terminal considered crucial to Italy's plan to wean itself off Russian gas.

read more... 27/10/2022

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Aker BP sees Sverdrup oilfield's second phase starting early December

Norway's giant Johan Sverdrup oilfield is expected to start Phase 2 production in early December, Aker BP, a partner in the Equinor-operated field, said on Wednesday, later than its previous forecast of October.

read more... 27/10/2022

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Daily (26.10.2022): British gas prices declined on Tuesday due to full storage rate, robust supply and low demand

On Tuesday, oil prices increased slightly due to a weaker dollar and supply issues raised by Saudi Arabia's energy minister. Thus, Brent crude settled 0.3% higher at $93.52 a barrel. At the same time, WTI crude ended 0.9% higher at $85.32.

read more... 26/10/2022

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Slovenia ‘very likely’ to withdraw from Energy Charter Treaty

Slovenia will follow the lead of countries such as the Netherlands, Spain and France and very likely withdraw from the Energy Charter Treaty, Infrastructure Minister Bojan Kumer announced on Tuesday (25 October).

read more... 26/10/2022

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Brussels cautions against EU-wide gas price cap for electricity

European Union countries’ energy ministers meet on Tuesday (25 October) to discuss options to cap EU gas prices, with countries still split over whether and how to do this after discussing it for weeks.

read more... 26/10/2022

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