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Slovenia ‘very likely’ to withdraw from Energy Charter Treaty

Slovenia will follow the lead of countries such as the Netherlands, Spain and France and very likely withdraw from the Energy Charter Treaty, Infrastructure Minister Bojan Kumer announced on Tuesday (25 October).

read more... 26/10/2022

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Brussels cautions against EU-wide gas price cap for electricity

European Union countries’ energy ministers meet on Tuesday (25 October) to discuss options to cap EU gas prices, with countries still split over whether and how to do this after discussing it for weeks.

read more... 26/10/2022

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EU edges towards gas price cap with more emergency talks

European Union energy ministers will hold another emergency meeting in November to try to make progress on a bloc-wide gas price cap, after talks on Tuesday left it unclear when Brussels would make a firm proposal on the measure.

read more... 26/10/2022

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Daily (25.10.2022): British near-term gas prices plummeted on Monday due to milder weather and oversupply

Oil prices fell slightly in a choppy trade on Monday as data revealed China's demand remained sluggish in September and the US currency strengthened. However, poor US business activity data reduced expectations for more aggressive interest rate hikes, limiting losses. As a result, Brent crude decreased by merely 0.3% to end at $93.26 per barrel. At the same time, WTI crude edged 0.6% lower at $84.58 per barrel.

read more... 25/10/2022

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Danish offshore wind power developers plan major capacity increase

Denmark's Orsted and Copenhagen Infrastructure Partners (CIP) have teamed up to develop 5.2 gigawatts (GW) of offshore wind in Denmark, corresponding to more than double the country's current installed capacity, the two companies said on Tuesday.

read more... 25/10/2022

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