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First LNG vessel arrives at new German Mukran terminal

The first vessel carrying liquefied natural gas (LNG) for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.

read more... 26/02/2024

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Daily (23.02.2024): French Cal25 power contract plunged to its lowest level since Nov 2021 amid persistent bearish fundamentals

Oil prices extended gains on Thursday, with the ongoing bullish sentiment attributed to geopolitical risks in the Middle East, while a marginal rise in crude inventories failed to dampen the market. As a result, both contracts rose by about 1%, with Brent crude standing at $83.67 a barrel, and WTI crude settling at $78.61 a barrel.

read more... 23/02/2024

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Companies bid for 34 bcm of gas in new joint EU tender

19 companies have filed bids for nearly 34 billion cubic meters of natural gas in a new joint purchasing tender for multi-year deals, European Commission vice president Maroš Šefčovič said on Thursday (22 February).

read more... 23/02/2024

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France seeks backing for EU-financed nuclear projects of common interest

French Economy Minister Bruno Le Maire said he would convene a meeting of pro-nuclear EU countries on 4 March to discuss the launch of an “Important Project of Common Interest (IPCEI)” in the field of nuclear power.

read more... 23/02/2024

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British energy bills to fall after 12% cut to price cap

Most British household energy bills will fall from April after regulator Ofgem cut its domestic price cap by 12.3% to its lowest level in more than two years.

read more... 23/02/2024

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