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EU to mandate 90% gas storage refill for next winter

The European Commission will table proposals on Wednesday (23 March) obliging EU countries to fill up their gas stores at least 90% before the next winter season and introduce a new certification scheme to prevent manipulation of gas storage by foreign operators.

read more... 22/03/2022

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UAE, Germany sign ‘blue hydrogen’ contract in Abu Dhabi

German vice-chancellor Robert Habeck has secured several hydrogen cooperation contracts with the United Arab Emirates (UAE), with the first blue hydrogen expected to be shipped to Germany in 2022.

read more... 22/03/2022

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Daily (21.03.2022): European carbon prices snapped eight straight sessions of gains on Friday amid profit-taking

Crude oil prices increased on Friday amid expectations that Russian oil production will decline sharply in the coming weeks following Western sanctions on technology transfers and financing options for Russian oil companies. Hence, Brent crude settled 1.2% higher at $107.93 a barrel. U.S. WTI crude rose by 1.7% to end at $104.70 a barrel.

read more... 21/03/2022

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Germany goes on a mission to secure supplies of Qatari gas

Germany’s Vice-Chancellor Robert Habeck visited Qatar over the weekend in a bid to secure alternatives to Russian gas supplies, with little chance of immediate success in a country seen with suspicion in Germany for its human rights violations.

read more... 21/03/2022

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Key lawmaker pushes 10% ‘low-carbon hydrogen’ target in EU renewables law

The lawmaker in charge of drafting the European Parliament’s position on the EU’s recast renewable energy directive is pushing to include a 10% target for “low-carbon hydrogen” as part of efforts to kick-start the EU market.

read more... 21/03/2022

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