Latest news
E.ON and Australia's FFI to explore green hydrogen shipments to Europe
Germany's largest energy group E.ON on Tuesday signed a memorandum of understanding with the green power arm of Australian miner Fortescue Metals to explore shipping green hydrogen to Europe and help wean itself off Russian gas.
read more... 30/03/2022
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Moscow hardens stance on rouble gas payments from Europe
Russia is working out methods for accepting payments for its gas exports in roubles and it will take decisions in due course should European countries refuse to pay in the Russian currency, the Kremlin said on Monday (28 March).
read more... 29/03/2022
No major abnormalities in EU carbon market
There are no major abnormalities in the European Union’s market for carbon emissions, but tighter controls could improve transparency and monitoring, the EU’s securities watchdog said on Monday (28 March).
read more... 29/03/2022
EU ready to increase energy efficiency target to eliminate Russian gas
The European Commission is revising the economic assumptions behind its energy and climate laws package presented last year, saying sky-high gas prices fuelled by the war in Ukraine have strengthened the case for more ambitious energy efficiency goals.
read more... 29/03/2022
Daily (29.03.2022): Oil prices dropped by 7% on Monday amid lockdown in China
Crude oil prices dropped sharply on Monday after China, the second-largest oil consumer and largest importer began a Covid-19 lockdown in financial and manufacturing hub Shanghai, raising fears of demand destruction. Hence, Brent crude fell by $8.17, or 6.8%, to settle at $112.48 a barrel. U.S. WTI crude slumped by $7.94, or about 7%, to settle at $105.96 a barrel.
read more... 29/03/2022