Latest news
Germany takes 99% Uniper stake as takeover confirmed
The German government will acquire 99% of the country’s struggling utility Uniper following a takeover deal agreed with its Finnish parent Fortum, the companies confirmed in a statement on Wednesday.
read more... 21/09/2022
Bulgaria tenders for gas supplies to ride out energy crisis
Bulgaria's state gas company, Bulgargaz, is launching three tenders for liquefied natural gas (LNG) on Tuesday to avoid winter shortages and ensure long-term energy security, said Chief Executive Denitsa Zlateva.
read more... 21/09/2022
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Greece to give energy savers bigger power bill subsidies
Consumers who cut down their electricity consumpion over the winter months will be rewarded with bigger power bill subsidies, Greek Prime Minister Kyriakos Mitsotakis said on Tuesday.
read more... 21/09/2022
Daily (20.09.2022): German and French spot power prices rocketed on Monday
Crude oil prices increased marginally on Monday as a strong U.S. dollar and possible hikes to interest rates along with signs of tight supply offset worries about global economic slowdown. As such, Brent and WTI crude rose by 0.7%, to settle at $92.00 and $85.73 a barrel respectively.
read more... 20/09/2022
Italy approves new EUR 10bn energy aid package
The Italian cabinet on Friday approved a new energy aid package worth as much as EUR 10bn to support households and businesses hit by surging energy bills.
read more... 20/09/2022