The European Union is seeking more natural gas from Azerbaijan, an EU official said on Friday (4 February), as Europe grapples with high energy bills and tight deliveries from Russia, its main supplier of fuel, which has been at loggerheads with the West over Ukraine.
read more... 08/02/2022
Crude oil prices ended higher on Friday, on worries about the continued Ukrainian crisis and insufficient production from OPEC members. Moreover, a winter storm that hit the US, impacting production and supply, also boosted prices. As such, Brent oil rose by 2.4% to $93.27 a barrel and WTI crude gained 2.3% at $92.31 a barrel.
read more... 07/02/2022
Starting up electricity production at Finland's new Olkiluoto 3 nuclear reactor has been postponed to late February, operator Teollisuuden Voima (TVO) said in a statement late on Thursday.
read more... 07/02/2022
The European Union plans to toughen its method for measuring carbon dioxide emissions from plug-in hybrid cars, two sources familiar with the matter said, after criticism that current tests yield results up to four times below real-world emissions.
read more... 07/02/2022
Italy expects to raise around 1.5 billion euros ($1.7 billion)from a scheme to claw back profits from solar and clean power producers to curb soaring energy prices, a document showed.
read more... 07/02/2022