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The EU Moves Toward Forming A Natural Gas Buyers’ Cartel
The European Union will make its first move as a buyers’ group on the international gas market next month as it launches the first tender for suppliers.
read more... 07/03/2023
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Belgian nuclear regulator tells govt not to extend oldest reactors
Belgium's nuclear regulator has advised the government against a life extension of the country's three oldest reactors, despite the risk of a gap in electricity supply over the next two winters.
read more... 07/03/2023
Daily (06.03.2023): Oil prices gained ground on Friday amid better-than-expected service sector PMI data from China
Oil prices gained ground as the market once again focused on China, which had another encouraging indicator on Friday, with the PMI in the services sector progressing better than expected in February. As a result, Brent crude oil jumped by 1.3%, to settle at $85.83 per barrel.
read more... 06/03/2023
EU's von der Leyen says she will tackle US green subsidies, overcome e-fuels impasse
EU Commission President Ursula von der Leyen said on Sunday she is determined to counter challenges from U.S. subsidies for green technologies and to speed a currently blocked law on phasing out combustion engines from 2035.
read more... 06/03/2023
Orsted says huge UK Hornsea 3 wind project at risk without government action
Development of what would be the world’s largest wind farm off the coast of Britain is in doubt, with developer Orsted saying it needs more support from the government such as tax breaks to proceed with the project after costs soared.
read more... 06/03/2023