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Germany signs deal with gas firms to supply two floating LNG terminals
Germany signed a memorandum of understanding (MoU) on Tuesday with the country's top gas importers to safeguard the supply of two floating liquefied natural (LNG) gas terminals it needs to reduce reliance on Russian energy.
read more... 17/08/2022
German gas levy to be set at 2-3 euro cents per kilowatt hour
Germany's incoming gas price levy, which is meant to distribute the high costs of replacing Russian gas among all end-consumers, is to be set at between 2 and 3 euro cents per kilowatt hour (kWh), industry and government sources said.
read more... 16/08/2022
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Switzerland could align with EU energy saving drive
Switzerland could prevent an energy shortage by aligning with a European Union plan to cut gas use by 15% this winter, Energy Minister Simonetta Sommaruga told newspaper SonntagsBlick.
read more... 16/08/2022
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Berlin wants to reduce gas use by 2% with new regulations
New measures to reduce Germany's gas consumption by 2% require strict cutbacks by public and private users as Europe battles a sharp reduction in Russian gas supplies, government officials said on Friday.
read more... 16/08/2022
Daily (16.08.2022): Brent crude dropped towards $95 a barrel on Monday amid concerns about global economic slowdown
Oil prices fell on Monday as poor Chinese economic data fuelled fears of a worldwide recession, which would reduce fuel consumption. Hence, Brent crude settled down $3.05, or 3.1%, to $95.10 a barrel. U.S. WTI crude dropped by $2.68, or 2.9%, to close at $89.41 a barrel.
read more... 16/08/2022