The European Parliament approved raising EUR 20bn from EU carbon allowance sales to help fund its REPowerEU plan to cut the bloc’s dependence on Russian gas and oil quickly in a vote on Tuesday.
read more... 15/02/2023
The European Commission has approved, under EU State aid rules, a French measure to support the first commercial-scale floating offshore wind farm in the country.
read more... 15/02/2023
Belgian Prime minister Alexander De Croo will meet with German Chancellor Olaf Scholz on Tuesday morning in Zeebrugge, the site of a massive LNG terminal, to discuss energy supply.
read more... 15/02/2023
Crude oil prices were little changed on Monday as traders waited for further details of Russia's planned production cut. Hence, Brent crude rose by 0.3% to settle at $86.61 a barrel. Meanwhile, U.S. WTI crude added 0.5%, to close at $80.14 per barrel.
read more... 14/02/2023
Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.
read more... 14/02/2023