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Azerbaijan halts gas deliveries to Serbia, Bulgaria
Gas flows from Azerbaijan to Serbia have been halted and it is unclear when they will resume, news agency Tanjug quoted Serbian President Aleksandar Vučić as saying on 11 January.
read more... 14/01/2025
Germany Considers Selling Entire 99% Government Stake in Uniper
The German government has approached potential buyers that could eventually buy the entire 99% stake in energy giant Uniper, which Germany was forced to bail out via nationalization in the peak energy crisis in 2022, Reuters reported on Monday, quoting sources familiar with the plans.
read more... 14/01/2025
Daily (13.01.2025): Oil prices surged on Friday following new sanctions against Russian oil sector
Oil prices surged by nearly 4% on Friday, fuelled by the announcement of new sanctions from Washington and London against key players in the Russian oil sector. Brent crude closed at $79.76 per barrel, while WTI crude for February settled at $76.57 per barrel.
read more... 13/01/2025
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Europe installed 15GW of wind in 2024
Europe got 20% of its electricity from wind energy in 2024, but the continent is not building enough new wind farms to meet its 2030 energy targets, according to new figures out from trade group WindEurope.
read more... 13/01/2025
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Britain's gas storage levels are worryingly low
Britain's gas storage levels are worryingly low, with less than a week's worth of gas in storage after a cold snap, energy company Centrica said on Friday while the government said there was no need for concern.
read more... 13/01/2025