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UK's Sizewell C nuclear project cost to rise to near $50 billion
Britain could need as much as 40 billion pounds ($49 billion) for the planned Sizewell C nuclear power plant in southeast England, nearly double the developer EDF's initial estimate, the Financial Times reported on Tuesday.
read more... 15/01/2025
Tesla starts production of refreshed Model Y at Berlin plant
Tesla has started production of its refreshed Model Y for European markets at its factory in Gruenheide near Berlin.
read more... 15/01/2025
Greece Calls On EU for Fast Response to Surging Energy Prices
Greece is urging the EU to move faster to address the high power and natural gas prices in the bloc that undermine its competitiveness alongside burdening households, Greek Prime Minister Kyriakos Mitsotakis wrote in a letter to European Commission President Ursula von der Leyen.
read more... 15/01/2025
Daily (14.01.2025) : British gas prices rose sharply on Monday following reports of an alleged Ukrainian attack on the Russian TurkStream pipeline
Oil prices continued to rise on Monday, propelled by the new sanctions imposed by the U.S. and the UK on Russia’s energy sector, signalling a potential reduction in global supply. Brent crude gained 1.6%, closing at $81 per barrel, while WTI crude soared by 3%, settling at $78.82 per barrel.
read more... 14/01/2025
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Six EU countries call for lowering of G7 price cap on Russian oil
Six European Union countries on Monday called on the European Commission to lower the $60 per barrel price cap put on Russian oil by G7 countries, arguing it would reduce Moscow's revenues to continue the war in Ukraine while not causing a market shock.
read more... 14/01/2025