Latest news
British energy price cap to rise 80% to 3,549 pounds a year
British energy bills will rise 80% to anaverage of 3,549 pounds ($4,188) a year from October, regulator Ofgem said on Friday, calling it a "crisis" that needed to be tackled by urgent and decisive government action.
read more... 26/08/2022
Romania's energy bill support scheme set to cost $3.27 bln
Romania's scheme to shield households and smaller businesses from soaring energy bills will cost around 16 billion lei ($3.27 billion), Energy Minister Virgil Popescu said on Wednesday.
read more... 26/08/2022
German government sees problems with coal, oil supplies
Germany's government is concerned about possible problems with the coal supply for power plants in the autumn and winter due to low water levels on the river Rhine and the oil supply in eastern parts of the country, a document seen by Reuters said.
read more... 26/08/2022
Daily (25.08.2022): Oil prices increased on Wednesday on concerns that the US will not consider more Iran concessions
Oil prices increased after a tumultuous trading session on Wednesday on concerns that the US will not take into account more Iran concessions in response to a draft agreement that would reinstate Tehran's nuclear agreement and maybe the OPEC member's crude exports. Consequently, WTI crude gained 1.2% to settle at $94.89. Brent crude oil increased by 1% to end at $101.22.
read more... 25/08/2022
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Germany approves rules to turn down heating, lights this winter
Germany's public buildings are to become cooler and streets darker this winter under energy-saving measures approved by the cabinet on Wednesday, as part of efforts to protect the nation's gas reserves to offset throttled deliveries from Russia.
read more... 25/08/2022