OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group's third consecutive downward revision.
read more... 15/10/2024
A group of EU countries including France and the Baltic states have asked the European Commission to tighten reporting rules across the bloc on Russian LNG imports, a letter sent to the commission on Monday showed.
read more... 15/10/2024
Oil prices slipped on Friday, following the release of unfavourable U.S. economic data and the prospect of abundant production in the coming months. Brent crude fell by 0.5%, closing at $79.04 per barrel, while WTI crude dropped by 0.4%, settling at $75.56 per barrel.
read more... 14/10/2024
The European Commission, through its alliance for the development of small modular reactors, has selected projects proposed by Italy's Ansaldo Nucleare and Newcleo, the two companies said, making it easier for them to tap European funds.
read more... 14/10/2024
The government of the UK has secured more than £24bn ($31.39bn) in private investments for innovative energy projects, ahead of its International Investment Summit on 14 October 2024.
read more... 14/10/2024