Latest news
RWE makes investment decision for 1.6GW wind farms in German North Sea
German utility company RWE has reached a final investment decision on the Nordseecluster, which include a cluster of four offshore wind projects with a combined capacity of 1.6GW.
read more... 28/05/2024
EU approves law to hit gas imports with methane emissions limit
European Union countries approved a law on Monday to impose methane emissions limits on Europe's oil and gas imports from 2030, pressuring international suppliers to cut leaks of the potent greenhouse gas.
read more... 28/05/2024
EU clears law to increase domestic green tech production
European Union governments formally cleared on Monday a new law designed to ensure the bloc produces 40% of its solar panels, wind turbines, heat pumps and other clean tech equipment and to help European industry compete with U.S. and Chinese rivals.
read more... 28/05/2024
Daily (27.05.2024): Gas prices declined on Friday amid rising Norwegian flows and ample storage
Oil prices posted a slight increase on Friday, following a week of consecutive decrease amid a technical rebound. Expected increase in gasoline demand ahead of a long weekend also supported prices. Thus, Brent crude settled at $82.12 per barrel, while WTI crude stood at $77.72, both contracts rising by about 1% day-on-day.
read more... 27/05/2024
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Millions of Britons set for lower energy bills after 7% price cap cut
Most British household energy bills will fall from July after regulator Ofgem cut its domestic price cap by 7%, largely thanks to a fall in wholesale energy prices, but analysts warned the reduction could be temporary.
read more... 27/05/2024