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Daily (11.04.2022): The German Cal23 power contract jumped to an all-time high on Friday on Russian coal ban

Crude oil prices gained ground on Friday as increased concerns about reduced Russian exports counterbalanced increased supply to the market from emergency reserves. Brent crude soared by $2.20, or 2.19%, to settle at $102.78 a barrel. U.S. WTI crude increased by $2.23 to $98.26 a barrel.

read more... 11/04/2022

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EU could revisit renewable targets in push to quit Russian energy

The European Union may set more ambitious targets for its transition to renewable energy as it seeks alternatives to imports of oil and gas from Russia, EU climate policy chief Frans Timmermans said on Sunday.

read more... 11/04/2022

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EU forms team to start jointly buying non-Russian gas

The European Union has launched a platform for European Union countries to jointly buy gas and liquefied natural gas as they seek to cut reliance on Russian fuels and build a buffer against supply shocks.

read more... 11/04/2022

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EU confirms ban to end all Russian coal imports by 10 August

All Russian coal and other solid fossil fuels imports to the EU must stop by 10 August under the bloc’s fifth package of sanctions against Russia in force since Saturday.

read more... 11/04/2022

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Speed up green transition to break from Russian fossil fuels, say 11 EU countries

Europe must speed up the rollout of renewable energy and energy efficiency measures in response to Russia’s invasion of Ukraine, according to eleven EU countries.

read more... 08/04/2022

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