Latest news
Energy efficiency rate accelerates amid high prices
COPENHAGEN, Dec 2 - Global progress toward energy efficiency has accelerated this year as a result of high energy prices and disruptions to fuel supply but still not enough to meet climate change targets, the International Energy Agency (IEA) said on Friday.
read more... 02/12/2022
Daily (01.12.2022): Crude oil prices rose on Wednesday following the largest decline in US crude inventories in three years.
Crude oil prices increased on Wednesday amid expectations of rising demand and falling crude oil inventories in key consuming nations. Brent crude rose by 2.8% to settle at $85.43 a barrel. U.S. WTI crude traded 3% higher at $80.55 a barrel, following the largest decline in US crude inventories in three years.
read more... 01/12/2022
.jpg)
Gazprom rejects Uniper's claims for billions in compensation over undelivered gas
The export arm of Russia's Gazprom (GAZP.MM) on Wednesday denied it was in breach of contract regarding gas supplies to Germany's Uniper (UN01.DE) , after Uniper launched arbitration proceedings in a bid to claim back billions of extra costs over undelivered gas supplies.
read more... 01/12/2022
.jpg)
Europe wary of Turkish hub to hide gas 'made in Moscow'
President Vladimir Putin's plan to make Turkey a hub for Russian gas in theory could allow Moscow to mask its exports with fuel from other sources, but that might not be enough to persuade Europeans to buy, analysts and sources said.
read more... 01/12/2022
.jpg){kind=spacer}
France facing tight power supply situation in winter
France is gearing up for a "tight" power supply situation but will not necessarily face cuts this winter, the head of French energy regulator RTE said on Thursday.
read more... 01/12/2022