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26 countries sign ‘European Wind Charter’ to shield EU industry
All EU countries except Hungary have signed a joint declaration to protect Europe’s wind industry from “unfair trade practices” coming from Chinese manufacturers.
read more... 21/12/2023
France and Sweden strengthen nuclear ties
France plans to build several nuclear reactors in Sweden, according to an agreement signed on the sidelines of the EU’s Energy Council meeting in Brussels on Tuesday.
read more... 21/12/2023
Daily (20.12.2023): Forward gas prices fell back on Tuesday as bearish fundamentals outweighed supply risks
Oil prices rose on Tuesday, supported by the risk of attacks on ships in the Red Sea and supply disruptions. Consequently, Brent crude settled at $79.23, and WTI crude closed at $72.47 per barrel, both contracts trading around 2% higher day-on-day.
read more... 20/12/2023
EU to extend emergency gas price cap for another year
The European Union is set to extend its emergency cap on gas prices for another 12 months to serve as a safeguard against possible energy price shocks, after energy ministers backed the plan on Tuesday.
read more... 20/12/2023
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Germany's Sefe, Norway's Equinor strike $55 billion gas supply deal
German state-owned energy firm Sefe secured a 50 billion euro ($55 billion) gas deal with Norway's Equinor that will cover one-third of the industrial gas needs of Europe's largest economy, the companies said on Tuesday.
read more... 20/12/2023