Latest news
Finland Restricts Access To LNG Infrastructure After Suspected Pipeline Sabotage
Finland prepares to restrict access to a port area hosting one of its two floating LNG import terminals after an offshore natural gas pipeline between Finland and Estonia was shut down this weekend following a leak suspected to be caused by sabotage.
read more... 17/10/2023
EU to call for early fossil fuel phase out at COP28
The EU has said it will call for global unabated fossil fuels to be phased out “well before 2050” at the UN COP28 climate summit next month in Dubai.
read more... 17/10/2023
Daily (16.10.2023): Oil prices soared by around 6% on Friday, spurred by fears of extension of the Middle East conflict
Oil prices soared by around 6%on Friday, spurred by fears of an extension of the Middle East conflict. As a result, Brent crude settled at $90.89 per barrel. On the other hand, WTI crude ended at $87.69 per barrel.
read more... 16/10/2023
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France under pressure to compromise in EU electricity market talks
As France and Germany negotiate a joint agreement to resolve differences over the EU’s proposed electricity market reform, Spain, which holds the EU’s rotating presidency, presented a new compromise proposal on Wednesday (11 October), which seems to put Paris’ back against the wall.
read more... 16/10/2023
Marubeni to invest $12.2bn in UK’s clean energy projects
Japanese integrated trading and investment business Marubeni has entered a memorandum of understanding (MoU) with the UK Government to invest £10bn ($12.2bn) in the country’s renewable energy projects over the next ten years.
read more... 16/10/2023