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France facing tight power supply situation in winter

France is gearing up for a "tight" power supply situation but will not necessarily face cuts this winter, the head of French energy regulator RTE said on Thursday.

read more... 01/12/2022

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Daily (30.11.2022): European carbon prices rose on Tuesday due to strong auction demand

Oil prices were volatile on Tuesday, due to uncertainty about the level of a price cap on Russian oil. Consequently, Brent crude slipped 0.1% to $83.03 a barrel. However, WTI oil traded 1.2% higher at $78.20 a barrel amid rising demand and decreasing crude oil inventories in key consuming nations.

read more... 30/11/2022

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Ofgem sets out UK grid investment package

Ofgem has confirmed a five-year investment package for the electricity distribution network companies, which it says will help deliver cheaper, cleaner, more reliable local grids at no extra cost to consumers.

read more... 30/11/2022

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OPEC decision to hold virtual meeting signals little likelihood of policy change, cap on Russian oil awaited

The OPEC+ decision to hold its Dec. 4 meeting virtually signals little likelihood of a policy change, a source with direct knowledge of the matter told Reuters on Wednesday.

read more... 30/11/2022

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Eastward gas flows drop on Yamal-Europe pipeline, flows via Ukraine hold steady

Eastbound gas flows fell on Wednesday morning on the Yamal-Europe pipeline to Poland from Germany, while Russian flows through Ukraine to Europe were steady, pipeline operator data showed.

read more... 30/11/2022

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