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Eni's Vaar Energi makes Arctic gas discovery
Norway's Vaar Energi, majority owned by Italy's Eni, said on Friday it had made a gas discovery near the Goliat field in the Arctic Barents Sea, supporting the group's long-term plans to expand in the area.
read more... 26/12/2022
Stage set for fight over EU’s 2030 renewable energy target
A majority of EU member states have backed a 40% target for renewable energies like wind and solar by 2030 – a far cry from the 45% objective tabled by the European Commission and supported by Parliament earlier this year in response to Russia’s war in Ukraine.
read more... 26/12/2022
Daily (23.12.2022): Oil prices lost 1% on Thursday as concerns about rate hikes outweighed tighter US stockpiles
Crude oil prices dropped by about $1 per barrel in choppy trading on Thursday as concerns about the impact of Federal Reserve interest rate hikes and China's rising COVID-19 cases outweighed the impact of lower U.S. crude stocks as a result of a winter storm in the United States. Hence, Brent crude settled at $80.98 a barrel, decreasing by $1.22, or 1.5% day-on-day. U.S. WTI crude future settled at $77.49, losing 80 cents, or 1%.
read more... 23/12/2022
Poland introduces €43 gas price cap to protect consumers
Gas prices for Polish consumers excluding businesses will be capped at €43 per megawatt-hour (MWh) to ensure they are better protected against rising energy costs, according to a law signed by President Andrzej Duda on Wednesday.
read more... 23/12/2022
First LNG regasified at Wilhelmshaven sent out into German grid
Germany's Uniper on Dec. 21 sent the first LNG regasified at the new floating import terminal at Wilhelmshaven into the German grid, a company spokesperson said Dec. 22.
read more... 23/12/2022