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Daily (30.01.2025): British gas rose by over 5% amid LNG supply concerns and storage depletion
Oil prices declined on Wednesday, pressured by a rebound in U.S. crude inventories and concerns over potential tariff measures in the United States. Brent crude fell by 1.2% to $76.58 per barrel, while WTI dropped by 1.6% to $72.62 per barrel.
read more... 30/01/2025
EU countries must do more to phase out fossil fuels subsidies by 2030
EU countries must do more to phase out fossil fuel subsidies by 2030 and redirect financial support toward energy transition efforts, according to a European Commission report published on Jan. 29.
read more... 30/01/2025
Hungary's foreign minister sees SMR cooperation with UK
Hungarian Foreign Minister Péter Szijjártó has said strategic cooperation with the UK on nuclear energy has been launched, with a specific focus on small modular reactors.
read more... 30/01/2025
Germany's private LNG terminal fears state operator may undercut it
Private German liquefied natural gas (LNG) terminal operator Deutsche ReGas says the potentially lower prices offered by state-owned Deutsche Energy Terminal to attract buyers are a threat to its business.
read more... 30/01/2025
UK carbon prices close 13.5% higher on EU linking talks report
Benchmark prices in Britain's Emissions Trading System closed around 13.5% higher on Tuesday after a newspaper reported that Britain is seeking talks on linking its carbon market with that of the European Union.
read more... 29/01/2025