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EC mulls extending emergency measures due to Middle East crisis
The EU may need to prolong emergency energy measures as the conflict in the Middle East has heightened the risk of new energy shocks, EU energy commissioner Kadri Simson said late on Wednesday.
read more... 10/11/2023
Consortium to speed up development of lead-cooled SMRs
Five partners from Belgium, Italy, Romania and the USA have signed a memorandum of understanding to collaborate on the development, demonstration and commercialisation of lead-cooled small modular reactors (SMRs).
read more... 10/11/2023
Daily (09.11.2023): Brent crude dived below $80 a barrel amid economic worries in China and Europe
On Wednesday, oil prices extended their decline, with Brent crude dropping below $80 a barrel for the first time since July. This drop was mainly driven by concerns about the bleak economic outlook in China and Europe, which heightened worries about global demand for oil. Consequently, Brent crude ended at $79.54 per barrel, while WTI crude stood at $75.33 per barrel.
read more... 09/11/2023
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France's clean power clout to be tested again this winter
France's power sector is under fresh scrutiny as maintenance on several of the country's critical nuclear reactors continues just as Europe braces for another winter, when regional heating demand typically peaks.
read more... 09/11/2023
Mideast conflict dims prospect of more Egyptian LNG exports to Europe
The prospect of the EU receiving more liquefied natural gas (LNG) from Egypt in the short and medium term looks unachievable due to tight gas balances and reduced imports form Israel, Oxford Institute of Energy Studies (OIES) said.
read more... 09/11/2023