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EU extends bans on Russian crude oil, coal

The EU has extended its bans on Russian coal and seaborne crude oil imports by six months until 31 July as Russia’s war on Ukraine continues, it said on Monday.

read more... 30/01/2024

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EU Commission looks into Germany's natural gas levy

The European Commission has asked the EU's energy regulator ACER to examine whether a tariff Germany added to its natural gas exports distorts the bloc's single market in a possible breach of competition rules, three sources close to the matter said.

read more... 29/01/2024

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Renewables roll-out in France too slow to meet EU targets

France saw a faster rate of renewables deployment from 2021, but things slowed down from 5.3 gigawatt (GW) to 4.5 GW between 2022 and 2023.

read more... 29/01/2024

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Equinor, Orsted bid for better contract in NY offshore wind auction

New York State said on Friday it received bids to supply power from three offshore wind projects in its expedited fourth solicitation that allowed developers to exit old contracts and re-offer projects at higher prices.

read more... 29/01/2024

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Daily (29.01.2024): Oil and gas prices rose on Friday amid concerns over escalating tensions in the Middle East

Oil prices closed higher on Friday following an attack on a British tanker by Yemeni Houthi rebels, reigniting concerns about potential disruptions to Middle Eastern oil supplies. Consequently, Brent crude settled 1.4% higher at $83.55, while WTI crude ended at $78.01 per barrel, marking around a 1% daily gain.

read more... 29/01/2024

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