Latest news
(Daily 16.05.2022): NBP spot price rose by around 33% due to weaker LNG send-out
Concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 3.8% to $111.55 a barrel on Friday.
read more... 16/05/2022
UK's energy regulator proposes quarterly reviews of price cap
Britain's energy regulator Ofgem said on Monday it planned to review a price cap on consumer bills every quarter rather than twice a year to reflect the volatile price swings in the market.
read more... 16/05/2022
Slovakia to develop geothermal energy to lower Russian energy dependency
Efforts to lower dependence on Russian energy is speeding up local geothermal projects in Slovakia that had been gaining traction before the invasion of Ukraine.
read more... 16/05/2022
.jpg)
EU hopeful for Russian oil embargo deal in May
The European Union still aims to agree a phased embargo on Russia oil this month despite concerns about supply in eastern Europe, four diplomats and officials said on Friday, rejecting suggestions of a delay or watering down proposals.
read more... 16/05/2022
(Daily 13.05.2022): Gas prices have risen on supply concerns after a drop in Russian gas volumes
The Brent crude oil price stayed unchanged at $107.45 per barrel, as consistent Russian oil exports counterbalanced weaker Chinese demand.
read more... 13/05/2022