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TotalEnergies, Iraq see further delays to $27 bln energy deal
rench oil major TotalEnergies and Iraq are taking further time to hammer out key sticking points in a long-delayed $27 billion energy deal which Baghdad hopes will revive foreign investment in the country.
read more... 03/02/2023
Belgium largest energy supplier to EU neighbours in 2022
Belgium played a key role in supplying energy to its main neighbours in 2022, as it was France’s largest electricity supplier and Germany’s main transit country for natural gas.
read more... 03/02/2023
Daily (02.02.2023): British near-term gas prices gained ground for the third consecutive day on Wednesday, supported by cold weather.
Oil prices decreased on Wednesday reaching a 3-week low, amid data released from US officials indicating a larger-than-expected increase in the country’s commercial crude oil reserves, which hit a 20-month high. Consequently, Brent crude fell by almost 2% to $82.84 a barrel and WTI oil dipped by 3.1% to $76.41 a barrel.
read more... 02/02/2023
EU sets out green industry deal to take on U.S. and China
The European Commission on Wednesday proposed allowing increased levels of state aid so that Europe can compete with the United States as a manufacturing hub for electric vehicles and other green products and reduce its dependence on China.
read more... 02/02/2023
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Bulgaria begins work on Serbia gas link, sees operations by year-end
Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighbouring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe.
read more... 02/02/2023