Oil prices jumped on Tuesday amid supply concerns, including disruption in the US (North America) due to Keystone pipeline closure. Consequently, Brent crude rose by 3.4% to $80.68 a barrel and WTI oil ended 3% higher at $75.39 a barrel.
read more... 14/12/2022
Dutch energy and chemical storage specialist VTTI will hold an open season early next year to auction off capacity rights to a 5bcm floating LNG terminal it plans to open in the Netherlands in early 2024.
read more... 14/12/2022
EU energy ministers failed to reach agreement on Tuesday (13 December) on a new cap to limit excessive gas prices, further delaying other emergency measures to tackle the energy crisis, like speeding up the rollout of renewables and strengthening solidarity between EU countries.
read more... 14/12/2022
The Group of Seven (G7) industrialised nations has agreed with Vietnam to fund the Southeast Asian country's transition away from coal with $15.5 billion, two Western sources told Reuters on Wednesday.
read more... 14/12/2022
Crude oil prices rebounded on Monday amid the uncertainty about the restart of the Keystone Pipeline in North America following a leak and as the market prepares for possible curbs in Russian oil production. Hence, Brent crude increased by 2.5% to $77.99 a barrel. U.S. WTI crude settled at $73.17 a barrel, rising by 3%.
read more... 13/12/2022