Latest news
Daily (04.04.2022): British gas prices dropped sharply on Friday as Russian threat to cut flows failed to occur
Crude oil prices fell on Friday as members of the International Energy Agency (IEA) agreed to join in the largest-ever U.S. oil reserves release. Hence, Brent crude dropped by 3.3% to settle at $104.39 a barrel. US WTI crude decreased by 1% to close at $99.27 a barrel.
read more... 04/04/2022
.png)
Daily (01.04.2022): Oil prices slumped on Thursday amid US pledge to release oil reserves
Crude oil prices dropped sharply on Thursday after President Joe Biden unveiled the largest ever release from the US Strategic Petroleum Reserve and called on oil companies to increase drilling to boost supply. This news outweighed OPEC+ saying it would continue with only a gradual increase in production. Hence, Brent crude ended the day at $107.91, falling by 4.9% day-on-day. U.S. crude for May delivery settled 7% lower at $100.28 per barrel.
read more... 01/04/2022
.jpg){kind=spacer}
EIA submitted for Poland's first nuclear power plant
Polskie Elektrownie Jadrowe (PEJ), the Polish government company that is progressing its policy to deploy up to six reactors at multiple sites in the country by 2040, has submitted the environmental impact assessment (EIA) report for the first plant.
read more... 01/04/2022
Cepsa to invest in energy transition in Spain and Portugal
Spanish oil and gas company Cepsa plans to invest between €7bn ($7.8bn) and €8bn ($8.9bn) in Spain and Portugal by 2030 as part of its energy transition strategy.
read more... 01/04/2022
.jpg)
Germany says European buyers to continue payments in euros under new Russian rules
European buyers will be able to continue to pay for Russian gas in euros despite Moscow's plans to enforce a new law requiring payment in rubles, the office of German Chancellor Olaf Scholz said late March 30.
read more... 01/04/2022