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Russia cuts gas flows further as Europe urges energy saving
Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and the European Union that will make it harder, and costlier, for the bloc to fill up storage ahead of the winter heating season.
read more... 28/07/2022
France’s nuclear watchdog approves EDF’s corrosion checks
France’s ASN nuclear authority has approved plans by utility EDF to check its nuclear reactors for potential stress corrosion cracks, without requesting further outages this year.
read more... 28/07/2022
Daily (27.07.2022): NBP gas prices rose significantly as a result of the EU's decision to reduce gas demand by 15%
Oil prices decreased on Tuesday as investors worried about dwindling consumer confidence and prepared for the release of an additional 20 million barrels of crude oil from the US Strategic Petroleum Reserve. As such, WTI crude diminished by 1.8% to settle at $94.98 per barrel. At the same time, Brent crude ended 0.7% down at $104.40 a barrel.
read more... 27/07/2022
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EU backs €406.4m Dutch scheme to support filling of gas storage facility
The European Commission has approved a Dutch scheme, worth up to €406.4 million (£345m), to support the filling of the gas storage facility Bergermeer amid Russia’s invasion of Ukraine.
read more... 27/07/2022
Germany will reduce electric car subsidies as EV sales rise
Germany will reduce financial incentives to buy electric cars next year, as the vehicles' growing popularity makes government subsidies unnecessary.
read more... 27/07/2022