Crude oil prices were little changed on Monday as traders waited for further details of Russia's planned production cut. Hence, Brent crude rose by 0.3% to settle at $86.61 a barrel. Meanwhile, U.S. WTI crude added 0.5%, to close at $80.14 per barrel.
read more... 14/02/2023
Denmark, Germany, the Netherlands, Estonia, Finland, Luxembourg and Latvia have warned Brussels not to rush into major changes to the European Union's electricity market in response to the energy crisis, calling instead for limited tweaks to the system.
read more... 14/02/2023
The European Commission published rules on Monday that could allow some hydrogen produced in nuclear-based energy systems to count towards EU renewable energy goals, signalling a win for pro-nuclear France.
read more... 14/02/2023
Britain has delayed until mid July a decision on whether to grant permission for Orsted's giant Hornsea Four offshore windfarm, whose footprint on the sea floor partially overlaps that of a BP-led carbon capture project.
read more... 14/02/2023
BRUSSELS, Feb 13 - European countries' bill to shield households and companies from soaring energy costs has climbed to nearly 800 billion euros, researchers said on Monday, urging countries to be more targeted in their spending to tackle the energy crisis.
read more... 13/02/2023