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Bulgaria is lagging in accumulation of gas reserves

Bulgaria will not achieve the EU’s minimum goal of filling up to 80% of its gas storage by the start of the heating season, which in the EU begins on 1 October, EURACTIV’s partner Dnevnik reported.

read more... 28/09/2022

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Hungary opposes EU sanctions on Russian nuclear sector

Hungary, which is highly dependent on Russian energy, said Monday (26 September) it staunchly opposed European Union sanctions on the Russian nuclear industry, following EU talks on the issue at the weekend.

read more... 28/09/2022

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Slovenian government projects €5 billion for 2023 to combat the energy crisis

The government is planning measures worth nearly €5 billion to fight the energy crisis in 2023, Prime Minister Robert Golob announced in parliament on Monday (26 September).

read more... 28/09/2022

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Daily (27.09.2022): Oil prices declined on Monday recent increased interest rates by US Federal Reserve

Oil prices dropped on Monday, as the US Federal Reserve and the Bank of England increased interest rate. Moreover, fears of a recession suggested that demand could be destroyed. Consequently, Brent crude decreased by 2.4% to $84.06 a barrel, and WTI oil also fell by 2.5% to $76.71 a barrel.

read more... 27/09/2022

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Gas from Russia's Nord Stream 2 pipeline leaks into Baltic Sea

Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas leak overnight from the defunct Russian-owned Nord Stream 2 pipeline drained into the Baltic Sea.

read more... 27/09/2022

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