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France reinvests in EV charging infrastructure to meet EU targets

The French government announced on Friday (27 October) new funding for the roll-out of electric vehicle charging points to match the development pace set by the EU’s new alternative fuel infrastructure regulation.

read more... 31/10/2023

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Bulgaria has ‘carte blanche’ on using Russian gas tax cash

Bulgaria can decide how it will be using the revenues it makes from the €10/MWh tax on Russian gas imports transiting through Bulgarian territory, the European Commission confirmed on Monday.

read more... 31/10/2023

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EU countries behind schedule on 2030 energy efficiency goals

Only 16 EU countries have met a June deadline to submit updated National Energy and Climate Plans to the European Commission for the period running up to 2030 – and none of them are fully compliant with the EU’s latest energy efficiency goals, according to a new report.

read more... 31/10/2023

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Daily (30.10.2023): Oil prices jumped by 3% on Friday due to escalation of geopolitical tensions in the Middle East

Oil prices posted a significant 3% surge on Friday due to the U.S. strikes in Syria targeting sites connected to Iran. These strikes raised concerns about an escalation in Middle East geopolitical tensions, potentially leading to disruptions in oil supply in the region. Consequently, Brent crude settled at $90.48 per barrel, and WTI crude closed at $85.54 per barrel.

read more... 30/10/2023

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Emergency EU oil meeting focused on securing diesel supply

European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil during an emergency meeting of the bloc's oil coordination group, one told Reuters.

read more... 30/10/2023

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