Croatia will expand its existing floating LNG terminal on the Krk Island, Prime Minister Andrej Plenković announced at the Three Seas Initiative in Riga on Monday. Croatia could play a more regional gas supply role.
read more... 19/08/2022
German natural gas import costs rose by 153% in the first six months of 2022 from a year earlier, even though imports were down by 24.3%, official data showed on Thursday.
read more... 19/08/2022
Germany has cut the rate of value added tax (VAT) imposed on natural gas to just 7% in a bid to offset the impact of a new gas levy on consumers set to come into effect from October.
read more... 19/08/2022
Crude oil prices rebounded on Wednesday as concerns over rising Russian output and exports as well as recession fears were outweighed by a steeper-than-expected drawdown in U.S. crude stocks. Hence, Brent crude rose by $1.31, or 1.4%, to settle at $93.65 per barrel. U.S. WTI crude increased by $1.58, or 1.8%, to close at $88.11 per barrel.
read more... 18/08/2022
The Czech government will hand out state aid to ensure people do not spend more than 30% of their income on housing including energy amid soaring gas and electricity prices, Prime Minister Petr Fiala said on Wednesday.
read more... 18/08/2022