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(Daily 18.05.2022): EUA prices rose by 2.4% after the approval of a higher 2030 reduction target
After hitting seven-week highs on Monday, oil prices fell by 2% on Tuesday as the US could lift certain restrictions on Venezuela's government. Brent crude ended 2% lower at $114.24 a barrel on Tuesday.
read more... 18/05/2022
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Fixing EDF’s reactors corrosion mystery to take several years, French regulator warns
The head of French nuclear regulator ASN said on Tuesday (17 May) that fixing corrosion problems at some of state-controlled utility EDF’s nuclear reactors would require a “large scale” plan and “several years” as he warned of a risk more reactors could be halted.
read more... 18/05/2022
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EU countries urged to prepare for Russian gas ‘supply shock’
In a policy document due to be adopted on Wednesday (18 May), the European Commission urges EU member states to step up preparations for a “full disruption of Russian gas supplies” by considering emergency measures like a temporary cap on gas prices.
read more... 18/05/2022
Europe edging closer to withdrawal from Energy Charter Treaty
More European Union countries have shown signs of impatience with the ongoing reform of the Energy Charter Treaty (ECT), which critics say impedes international efforts to phase out fossil fuels, according to leaked diplomatic cables seen by EURACTIV.
read more... 18/05/2022
(Daily 17.05.2022): Oil and gas on an upward trend
Continued concerns over a potential EU ban on Russian petroleum exports lent support to crude prices. Thus, Brent crude increased by 2.4% to $114.24 a barrel on Monday.
read more... 17/05/2022