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Dutch limit gas production at Groningen despite energy crisis
The Netherlands on Monday (14 March) said output from the Groningen gas field would be only a last option to secure its energy needs in the wake of Russia’s invasion of Ukraine, as it cut its production forecast for the facility this year.
read more... 16/03/2022
Ford to launch 7 EVs in Europe in big electric push
Ford will launch 7 EVs in Europe, including a full-electric version of the Puma small crossover, its best-selling passenger car in the region.
read more... 15/03/2022
EC clears taxes on “windfall profits” to curb energy spike
European governments were free to tax the unexpected gains of those who profited from a surge in commodity prices from Russia’s war on Ukraine, European Commission president Ursula von der Leyen said on Friday.
read more... 15/03/2022
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Germany woos South Africa to replace Russian coal
Germany’s plan to halt all imports of Russian coal this year has deepened market efforts to secure alternative material in the shortest possible time, with South Africa – formerly one of Europe’s main suppliers – one of the most favourable candidates, market participants said.
read more... 15/03/2022
Daily (15.03.2022): British gas prices dropped sharply on Monday amid peace talks, healthy supply
Crude oil prices fell sharply on Monday to hit their lowest levels in two weeks amid ongoing negotiations between Russia and Ukraine, as well as pandemic-linked travel ban in China. Hence, Brent crude dropped by 5% to settle at $106.90 a barrel. U.S. WTI crude shed by 5.8% to close at $103.01 a barrel.
read more... 15/03/2022