Latest news
Daily (07.03.2023): British near-term gas prices fell on Monday due to strong supply.
Oil prices had a bullish evolution on Monday on supply concerns due to weaker Russian deliveries. Consequently, Brent crude increased by 0.4% to $86.18 a barrel and WTI oil closed almost 1% higher at $80.46 a barrel.
read more... 07/03/2023
Brussels targets 40% of clean tech manufacturing in Europe by 2030
The European Commission is drafting a new target to have at least 40% of clean technologies manufactured in the EU by 2030 as part of a drive to meet its climate goals and strengthen energy independence. Eligible technologies include renewables, nuclear power and carbon capture and storage, among others.
read more... 07/03/2023
.jpg)
The EU Moves Toward Forming A Natural Gas Buyers’ Cartel
The European Union will make its first move as a buyers’ group on the international gas market next month as it launches the first tender for suppliers.
read more... 07/03/2023
.jpg){kind=spacer}
Belgian nuclear regulator tells govt not to extend oldest reactors
Belgium's nuclear regulator has advised the government against a life extension of the country's three oldest reactors, despite the risk of a gap in electricity supply over the next two winters.
read more... 07/03/2023
Daily (06.03.2023): Oil prices gained ground on Friday amid better-than-expected service sector PMI data from China
Oil prices gained ground as the market once again focused on China, which had another encouraging indicator on Friday, with the PMI in the services sector progressing better than expected in February. As a result, Brent crude oil jumped by 1.3%, to settle at $85.83 per barrel.
read more... 06/03/2023