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Czech gas storage hits 80% of capacity ahead of winter season
he Czech Republic's gas stores are 80% full, Prime Minister Petr Fiala said on Monday, as the country and other European Union member states continue to boost storage to protect against risks of a halt to Russian supplies.
read more... 27/07/2022
Daily (26.07.2022): French and German long-term power prices increased amid the rise in gas prices and worries about Russian supply
On Monday, the crude oil prices increased due to concerns about supply, a weaker US currency, and rising stock markets. Brent crude for September delivery ended at $105.15 a barrel, up 1.9%. American WTI crude soared by 2.1% to $96.70 a barrel.
read more... 26/07/2022
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EU countries rewrite plan to cut gas demand, seek carve-outs
European Union countries are seeking to soften the bloc's plan to require them to use less gas as Europe prepares for a winter of uncertain supplies from its main gas supplier Russia.
read more... 26/07/2022
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NeuConnect UK-Germany power link project reaches financial close
The NeuConnect project, which aims to create the first direct power link between Germany and the UK, has reached financial close.
read more... 26/07/2022
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France against uniform targets on gas consumption reduction in Europe
France is against setting uniform targets for the reduction of gas consumption in Europe amid a looming energy crisis, said French energy ministry officials.
read more... 26/07/2022